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Spirit Airlines halts new pilot, flight attendant training after difficult quarter, Pratt engine issue - TL;DR CNBC

Spirit Airlines halts new pilot, flight attendant training after difficult quarter, Pratt engine issue

Publishing timestamp: 2023-10-27 15:01:29


Summary

Spirit Airlines reported a third-quarter loss and expects another for the last three months of 2023. The company will suspend new pilot and flight attendant training due to softer demand and grounding of dozens of planes. JetBlue Airways is trying to acquire Spirit, but the deal is being blocked by the Justice Department.


Sentiment: NEGATIVE

Tickers: AULCCJBLUSAVE

Keywords: raytheon technologies corpspirit airlines inctravelfrontier group holdings incbusiness newsbusinessairlinestransportationlifeaerospace and defense industrybreaking news: businessjetblue airways corpbreaking news: marketsmarkets

Source: https://www.cnbc.com/2023/10/27/spirit-airlines-suspends-new-pilot-training-after-tough-quarter-pratt-engine-issue.html


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