Facing financial troubles, Canoo furloughed some manufacturing workers at its Oklahoma City facility until 2025. The ...

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 ...

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Spirit Airlines announced on Thursday that it will furlough 330 pilots at the end of January next year. The canary ...

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 ...

The company sent a statement to News 9 regarding the furloughs: “Canoo has made the difficult decision to temporarily reduce our workforce in Oklahoma City by furloughing 23% of our factory ...

These furloughs follow Spirit’s September reduction, which saw 186 pilots furloughed over Labor Day weekend. Spirit Airlines plans to furlough hundreds more pilots next year as the company works ...

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.

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 ...