Spirit will cut routes by 25% in November, likely reduce workforce, CEO tells workers

""As I mentioned in my note to you a couple of weeks ago, a key pillar of our restructuring is redesigning and strengthening our network," CEO and President Dave Davis wrote in an email distributed among employees Wednesday. "With that in mind ... our operational leaders will receive our preliminary November schedule. As planning begins, you will see a reduction of about 25% in capacity, year over year, as we optimize our network to focus on our strongest markets.""

""The forthcoming jolt to the workforce and major makeover of Spirit's route profile is hardly unexpected as management has made it clear it intends to undertake drastic actions to fix cost and related issues that executives said were not resolved during the airline's first tour through the Chapter 11 bankruptcy process, which concluded in March. At the end of the second quarter in June, the company posted a net loss of nearly $257 million.""

Spirit Airlines filed for Chapter 11 in late August, marking a second filing in less than a year. The company plans to reduce capacity by approximately 25% in November to concentrate service on its strongest markets. Unionized pilots — about 3,000 — were asked to identify $100 million in contract savings by Oct. 1. The carrier posted a net loss of nearly $257 million at the end of the second quarter in June. The workforce has already faced furloughs, demotions and voluntary leaves of absence, and additional staffing reductions and contract reviews are expected as part of restructuring.

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