Spirit Airlines said Monday that it will defer deliveries of new Airbus planes and furlough about 260 pilots as it tries to boost liquidity.
Spirit said the aircraft deferrals will boost its liquidity by about $340 million over the next two years.said Monday that it will defer deliveries of new Airbus planes and furlough about 260 pilots as it tries to boost liquidity.
Spirit said it will defer all Airbus planes it has on order that were scheduled to be delivered from the second quarter of 2025 through the end of 2026. It will instead take delivery of them in 2030 and 2031. The deferrals do not include the direct-lease planes — one apiece in the second and third quarter of next year — nor scheduled deliveries for 2027 through 2029, Spirit said.
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