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flag Spirit Airlines to lay off 270 pilots, demote 140, as it pivots to a premium model post-bankruptcy.

flag Spirit Airlines plans to lay off 270 pilots and demote 140 more as it cuts flights to reduce costs and stabilize finances after emerging from bankruptcy. flag The airline is shifting towards a premium model to address lower demand, especially during off-peak seasons. flag This is part of broader industry challenges, with budget airlines like Southwest also changing their business models to cope with rising costs and economic uncertainty.

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