Spirit Airlines cuts 25 percent of flights amid ongoing bankruptcy struggles

Spirit Airlines announced Wednesday that it will reduce its flight capacity in November by 25 percent compared to November 2024 as the ultra‑low‑cost carrier grapples with mounting financial challenges. The reduction is part of a broader effort by Spirit to focus on its most profitable routes following its second Chapter 11 bankruptcy filing in under a year. CEO Dave Davis, in a September 17 memo to employees obtained by CNBC, acknowledged that job cuts are likely, stating that “these evaluations will inevitably affect the size of our teams as we...