SAVE - Navigating Turbulence: Spirit Airlines To Furlough Pilots Amid Aircraft Delivery Deferrals | Benzinga
Spirit Airlines, Inc. (NYSE:SAVE)has reached an agreement with Airbus SE (OTC:EADSY) to defer all aircraft on order that are scheduled to be delivered in the second quarter of 2025 through the end of 2026 to 2030-2031.
The agreement is expected to improve Spirit’s liquidity position by approximately $340 million over the next two years.
The deferrals do not include the direct-lease aircraft scheduled for delivery in that period, one each in the second and third quarter 2025, respectively.
Meanwhile, there are ...