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Spirit Airlines Eyes $80M In Cost Cuts Amid New Deal Rumor

By Al Barbarino ( October 25, 2024, 5:41 PM EDT) -- Spirit Airlines will implement layoffs as part of a plan to cut roughly $80 million in costs and has agreed to sell 23 Airbus aircraft to GA Telesis for about $519 million, disclosing the measures as the company is said to be in renewed talks to potentially sell itself to Frontier Airlines. ...

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