Spirit to furlough another 330 pilots at the end of January as part of plan to cut costs by $80 million
Spirit Airlines is following through on a sweeping $80 million cost reduction plan, which includes the furlough of another 330 pilots by the end of January 2025, the pilots union and company confirmed Thursday.
The move, first reported by Reuters, comes after the airline dropped 186 pilots from its roster in early September. The latest round of furloughs would be accompanied by the demotion of 120 other pilots.
“We are implementing a series of cost savings initiatives throughout our business, including a reduction in workforce, as part of our comprehensive plan to return to profitability,” the airline said in a statement.
Ryan Muller, chairman of the Spirit unit of the Air Line Pilots Association, said in a note to members that the union is “actively seeking options to mitigate these furloughs and are committed to supporting affected pilots during this challenging time.”
He said management notified the union that the reductions would take place effective Jan. 31, 2025.
The personnel moves follow Spirit’s recent deal to sell 23 older Airbus jetliners to an aviation services firm. Besides labor force cuts designed to streamline the operation, the airline is also cutting unprofitable routes.