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flag Spirit Airlines will furlough 330 pilots starting January 31, 2025, to cut costs amid losses.

flag Spirit Airlines plans to furlough 330 pilots starting January 31, 2025, as part of an effort to cut costs amid ongoing financial struggles. flag The airline has reported losses in five of the last six quarters, prompting a $80 million cost reduction plan that includes selling 23 Airbus aircraft and cutting flight capacity by 20%. flag Additionally, 120 captains will be demoted to first officers. flag The airline's recent merger talks with JetBlue have also collapsed.

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