The airline needs to save $100 million a year on its collective bargaining agreement with pilots, Chief Operating Officer John Bendoraitis told the pilots' union in a Tuesday letter shared with Business Insider. He said Spirit "must achieve significant cost savings" to "secure the company's future." "Given the challenges we face, time is of the essence," he added. The letter proposed daily meetings with the Air Line Pilots Association, or ALPA, starting on Wednesday.
Spirit Airlines, known for its bright yellow planes and cheap airfare, will cease all service to and from San Jose Mineta International Airport after filing for bankruptcy for the second time in a year. Service ends Oct. 5, terminating the airline's last remaining route - nonstop flights to Las Vegas. Spirit has steadily eliminated SJC routes to and from Dallas, San Diego, Washington D.C., Los Angeles, Baltimore, Portland and Burbank since launching in 2023.
The cutbacks come less than a week after Spirit filed a fresh petition for Chapter 11 bankruptcy protection. The Dania Beach-based carrier emerged from bankruptcy last spring, but after wracking up sizable losses in the second quarter, returned to court in a bid to resolve various financial, fleet size and operational issues. Effective the week of Oct. 2, the airline said it will no longer be serving the following cities:
Frontier Airlines is looking to capitalize on its rival's financial woes. The budget carrier announced 20 new routes on Tuesday, with some fares as low as $29. They include key Spirit Airlines hubs like Fort Lauderdale, the beleaguered carrier's home base. Starting in late November, Frontier said it will fly from Fort Lauderdale to Baltimore, Charlotte, Dallas/Fort Worth, Detroit, Chicago, and Houston.