Some workers at Wichita’s Spirit AeroSystems are questioning what’s next after Boeing machinists in Washington remain on ...
Both involve not getting a paycheck, but a furlough is temporary Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Amy Soricelli has ...
It also says a plan to improve liquidity could include layoffs and more furloughs. “The Company will require additional liquidity to continue its operations over the next 12 months,” Spirit ...
Spirit AeroSystems will tell employees on Friday that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier's cash and inventory ...
WICHITA, Kan. (KSNW) — Spirit AeroSystems will furlough 700 workers for 21 days. The furlough comes as Boeing workers are still on strike. The strike started back on Sept. 13. The furloughs will ...
Struggling Spirit Airlines said Wednesday it will furlough hundreds of pilots to cut down costs and bolster its finances. The move comes as the airline continues to lose money despite strong ...
Spirit AeroSystems will furlough about 700 workers to cut costs as the machinist strike at Boeing BA0.46%increase; green up pointing triangle continues. The plane manufacturer on Friday said ...
Just last month, the ultra-low-cost carrier placed 186 of its pilots on furlough. The beleaguered airline continues to face mounting losses, reporting a net loss of $158 million in the second quarter.
CHICAGO, Oct 30 (Reuters) - Spirit Airlines SAVE.N will furlough about 330 pilots on Jan. 31, 2025, a company spokesperson told Reuters, as part of its efforts to cut costs and shore up its ...