Spirit Airlines to Cut Jobs, Sell Aircraft
This is a U.S. news story, published by CNBC, that relates primarily to Spirit Airlines news.
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Spirit AirlinesCNBC
•Spirit Airlines stock jumps 25% after struggling budget carrier said it will sell planes, cut jobs
74% Informative
Spirit Airlines plans to cut jobs, sell planes and shrink its footprint next year .
The budget carrier is struggling from the fallout of a scuttled acquisition, an engine recall and an oversupplied U.S. market.
Spirit has struggled to return to profitability in the wake of the pandemic.
VR Score
85
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91
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29
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formal
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English
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43
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short-lived
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