Spirit said its aircraft deferral will boost its liquidity by about $340 million over the next two years.
The budget airline has also struggled because of a recall of Pratt engines for its Airbus planes and shifting domestic demand.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 are scheduled for the second quarter of 2025 through the end of 2026 until as long as 2031. The budget airline said it would boost its liquidity by about $340 million over the next two years.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: