Spirit Airlines scraps plan to furlough up to 365 pilots

Core Points - Spirit Airlines has announced the cancellation of plans to furlough up to 365 pilots in the first quarter of next year, indicating a positive shift in its operational strategy [1] - The airline has also reduced the extent of captain downgrades, which were initially part of its restructuring efforts [1] Company Summary - The decision to scrap the furlough plans reflects a more stable outlook for Spirit Airlines as it navigates through restructuring [1] - The scaling back of captain downgrades suggests a focus on maintaining experienced personnel within the airline, which could enhance operational efficiency [1]