German aviation group Lufthansa is cutting 4,000 administrative jobs over the next five years as it seeks to raise profitability targets.  By 2030, Lufthansa, which operates the core Lufthansa German Airlines brand, along with other airlines like Swiss, Austrian Airlines and Brussels Airlines, plans to reduce 4,000 administration jobs through digitalization, automation and process consolidation, the company announced to analysts and investors during its Capital Markets Day in Munich. The majority of affecte ...

Spirit Airlines will suspend 40 routes in its November schedule and has hired former Amazon executive Andrea Lusso as vice president of network planning, according to a memo seen by Reuters. ...

Group 1 - Spirit Airlines is suspending approximately 40 routes, resulting in a 25% reduction in its November schedule as part of cost-cutting measures during bankruptcy [1] - The company aims to focus on profitable flights while managing its operations [1] - Spirit plans to furlough about 1,800 flight attendants, which constitutes around one-third of its cabin crew members [2] Group 2 - Rana Ghosh, Spirit's chief commercial officer, expressed that the clarity from recent developments will help the team move forward [2]

Group 1 - Pfizer Inc. has made a recent acquisition, prompting an analysis of its implications for the company [1] - The focus is on identifying undervalued companies with strong fundamentals and cash flows, particularly in sectors like Oil & Gas and consumer goods [1] - The analysis highlights a preference for long-term value investing while acknowledging the potential for deal arbitrage in certain situations [1] Group 2 - Energy Transfer is identified as a company that has been overlooked but shows potential for substantial returns [1] - The author expresses a lack of understanding regarding investments in high-tech businesses and cryptocurrencies, indicating a preference for more traditional sectors [1]

If Spirit Airlines slashes or eliminates service at Arnold Palmer Regional Airport due to the carrier's second bankruptcy in a year, residents of Latrobe, Pennsylvania, may soon have to drive 65 miles... ...

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Spirit Airlines is planning to furlough about 1,800 flight attendants, roughly a third of its cabin crew members, to cut costs as the budget airline struggles in its second bankruptcy in less than a year."As we work to return Spirit to profitability, we face difficult decisions about our network, our fleet, and ultimately our workforce," John Bendorait ...

Spirit Airlines said on Monday it is preparing to furlough 1,800 flight attendants effective December 1, after filing for its second bankruptcy in a year, as the low budget carrier grapples with dwind... ...

The carrier plans to furlough 1,800 of its roughly 5,200 flight attendants. Hundreds had already been out on voluntary leave. ...

Core Viewpoint - Unions representing flight attendants and pilots at Spirit Airlines are alerting members to potential challenges as the airline undergoes its second bankruptcy within a year, intensifying cost-cutting measures [1] Group 1: Company Situation - Spirit Airlines is facing its second bankruptcy in a year, indicating ongoing financial distress [1] - The airline is increasing its cost-cutting efforts, which may lead to further difficulties for employees [1] Group 2: Industry Context - The situation at Spirit Airlines reflects broader challenges within the budget airline sector, particularly in managing operational costs and financial stability [1]

Thursday, September 18, 2025 Press Release: 2025 half-yearly results Stable Sales & decrease in Operating Income in a context of strong milk price inflation Savencia Fromage & Dairy initiates a study for a potential merger with Savencia Gourmet to accelerate the development of Premium Foodservice Key figures in € million 30/06/25 % of sales 30/06/24 <td rowspan="2" style="width:41.6px;;text-align: center ; vertical-align: middle; text-align: center ; vertical-align: middle; text-align: center ; ...