Spirit Air Pilots Assess Carrier’s Request for $100 Million Cuts
Spirit Airlines airplanes at Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida.
Photographer: Eva Marie Uzcategui/BloombergSpirit Aviation Holdings Inc. pilots are assessing the financial data behind the bankrupt company’s demand for $100 million in annual contract concessions before deciding whether to agree.
The Air Line Pilots Association unit at the parent of Spirit Airlines told members a decision is contingent upon evaluating the carrier’s plan to reorganize in a second Chapter 11 bankruptcy, according to a memo seen by Bloomberg News.