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Spirit Airways will defer Airbus orders, furlough 260 pilots

A Spirit Airways plane undergoes operations in preparation for departure on the Austin-Bergstrom Worldwide Airport on February 12, 2024 in Austin, Texas. 

Brandon Bell | Getty Pictures

Spirit Airlines stated Monday that it’s going to defer deliveries of latest Airbus planes and furlough about 260 pilots because it tries to spice up liquidity.

“This amendment to our agreement with Airbus is an important part of Spirit’s comprehensive plan to bolster profitability and strengthen our balance sheet,” CEO Ted Christie stated in a launch on Monday.

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