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CEO NA Magazine > CEO Life > Travel > Spirit offers voluntary buyout to salaried staffers

Spirit offers voluntary buyout to salaried staffers

in Travel
Spirit offers voluntary buyout to salaried staffers
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U.S. budget airline Spirit is offering its salaried workers a voluntary buyout in an effort to cut costs, a new report revealed Wednesday.

The move comes just one month after Spirit paused training for new pilots and flight attendants and an additional cost-saving move.

“The last few months have been a testament to our resilience and dedication as a company, but we must return to profitability, which will require a series of tough decisions,” said CEO Ted Christie.

Meanwhile, fellow airline Jet Blue’s acquisition of Spirit remains pending under review by the U.S. Justice Department.

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