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Spirit Hands Out Furlough Notices Amid Pay Raises for Executives

The low-cost carrier plans furloughs for about 200 of its pilots.

A Spirit A320neo in Las Vegas (Credit: AirlineGeeks/William Derrickson)
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Key Takeaways:

  • Spirit Airlines is furloughing 200 pilots due to ongoing aircraft engine issues and slower growth plans.
  • Simultaneously, the airline approved significant salary increases and bonuses for its CEO and several top executives, drawing concerns from pilots and their union.
  • To improve liquidity, Spirit also made a deal with Airbus to delay all aircraft deliveries until 2030-2031, aiming to save $340 million.
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Spirit Airlines pilots and their union have raised concerns over the carrier’s decision to issue furlough notices to pilots while simultaneously approving salary increases for several top executives.

In a July 1 Form 8-K filing, the carrier announced pay raises for four of its C-suite executives and its CEO. At the same time, 200 pilots received furlough notices—a plan the airline initially laid out in April due to aircraft engine issues and slower growth plans.

Amelia Walsh

Amelia Walsh is a private pilot who enjoys flying her family’s Columbia 350. She is based in Colorado and loves all things outdoors including skiing, hiking, and camping.

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