Pilots Ratify Restructuring Agreement, Delivering Temporary Pay Cuts and Bankruptcy Protections to Spirit Airlines
Spirit Airlines pilots have overwhelmingly approved a restructuring agreement that delivers temporary pay concessions and bankruptcy protections. The Air Line Pilots Association said the deal preserves pilots’ core work rules while giving Spirit short-term cost relief tied to its restructuring plan. According to AeroTime, the agreement is effective pending court approval and gives Spirit a critical piece of labor stability at a moment when the airline faces intense scrutiny over its future.