Spirit Airlines Gains Critical Cost Cuts From Unionized Pilots, Flight Attendants

Spirit Airlines gains critical cost cuts from unionized pilots, flight attendants

Spirit Airlines confirmed it finalized agreements with unionized pilots and flight attendants to cut labor costs as part of its effort to reorganize its finances while in Chapter 11 bankruptcy.

Budget airline stocks dip as Spirit pilots ratify contract that’ll help the carrier stay afloat

Shares of both JetBlue and Frontier were in the red on Thursday....

Spirit pilots’ pay concessions give embattled carrier a needed lifeline

Spirit Airlines pilots have overwhelmingly approved a restructuring agreement that delivers temporary pay concessions and bankruptcy protections the carrier says it needs to secure new financing and continue operating through Chapter 11 before a court-imposed deadline of December 13, 2025. The agreement, ratified by 82% of voting pilots and effective pending court approval, gives Spirit a critical piece of labor stability at a moment when the ai…

Spirit Airlines' Pilots and Flight Attendants Ratify Agreements in Another Restructuring Step - The Bulkhead Seat

Last month, I wrote about Spirit Airlines reaching agreements in principle with the two major unions representing its frontline employees: the Air Line Pilots Association (ALPA) and the Association of Flight Attendants-CWA (AFA). This marked a critical milestone in Spirit’s Chapter 11 restructuring process (as the carrier works to secure essential bankruptcy financing and stabilize operations). Earlier this month, Spirit shared that it had scrap…