Skift
Spirit's Rough Quarter, New Junk Fees Ban and Saudi's World Cup Plans
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:03:15
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Sinopsis
Episode Notes Spirit Airlines had a rough second quarter, posting a significantly higher loss than last year. CEO Ted Christie is promising big changes to the company’s operations, writes Airlines Editor Gordon Smith. Spirit said it registered a roughly $193 million net loss during the second quarter — up from a $2.3 million loss last year. Airline Weekly Senior Analyst Jay Shabat said a surplus of domestic seats and an increase in operating costs have hurt Spirit’s bottom line. Spirit is making changes to hit its goal of $100 million in annual savings. The company has temporarily frozen pilot and flight attendant recruitment in addition to furloughing about 240 pilots. Spirit is also deferring all incoming orders with Airbus for deliveries that were due to arrive between the second quarter of 2025 and the end of 2026. Next, the Biden administration is proposing a rule that would prohibit airlines from charging junk fees to seat families together on flights, writes Airlines Reporter Meghna Maharishi. Air