NEW YORK — Spirit Airlines on Thursday said it will furlough 365 pilots and downgrade the status of up to 170 pilots in the first quarter of 2026 as it makes larger cuts to its workforce as part of its restructuring efforts.

After filing for bankruptcy in August for the second time in a year, the ultra-low-cost airline told the union representing its pilots that it wants to cut $100 million in annual spending on pilots to conserve cash.

“As part of our ongoing restructuring, we are taking additional steps to align staffing across our organization with our previously announced capacity reduction and smaller operating fleet size,” the company said in a statement.

With voluntary attrition, the estimated furloughs are likely to decrease over the next several weeks, Spirit COO John Bendorait

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