Spirit Airlines cuts 200 jobs

[Hitman]

Spirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs after it filed for Chapter 11bankruptcy protection in November.

"These decisions were not made lightly, as we know they impact professional and personal lives," CEO Ted Christie wrote in a staff memo, which was seen by CNBC. "As you all know, we're facing significant challenges with our business, which is why we've been focused on taking actions to optimize our organization and create more efficiencies. The bottom line is, we need to run a smaller airline and get back on better financial footing."

[Kuralokarrepak]

Vadu already bankruptcy file chesadu kadha.. 

[niladisify]

Frontier next in line

[Hitman]

8 minutes ago, Kuralokarrepak said:

Vadu already bankruptcy file chesadu kadha.. 

it is Chapter 11. అంటే డబ్బులు ఎగదెంగుతారు కాని వ్యాపారమ్ continue చేస్తారు as fresh start. Fresh loans. 
Chapter 7 అంటే మూసి దెంగి ఉన్న ఆస్తులు అమ్మి పంచుకోవడమ్ .