Spirit Airlines Hopes Furloughing 330 Pilots Will Clear Path To Profitability

Spirit Airlines announced on Thursday that it will furlough 330 pilots at the end of January next year. The canary yellow-branded carrier has been in a coal mine even before a federal judge shot down a $3.8 billion merger with JetBlue Airways in March. Spirit failed to report a profit in five of the last six quarters.…

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