Spirit Airlines announced some dispiriting news for travelers and company employees: it will cut 25% of its flight capacity in November 2025 and brace for further job cuts.

After declaring its second bankruptcy in less than a year earlier this month, CEO Dave Davis revealed the news in a memo to employees on Wednesday, emphasizing that the reductions are necessary for the company to focus on its more profitable markets.

"These evaluations will inevitably affect the size of our teams as we become a more efficient airline. Unfortunately, these are the tough calls we must make to emerge stronger," Davis wrote .

The airline's restructuring arrives amid heavy financial losses this year. CNBC reports that Spirit lost nearly $257 million between March and June 2025. And after emerging f

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