Doug Ackerman, the Vice President, Supplier Quality at Boeing Commercial Airplanes, will replace Lund at the end of her term.

NEW YORK - Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs amid looming financial struggles and an uncertain future.

NEW YORK -- Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs amid looming financial struggles and an uncertain future.

Spirit Airlines announced that it will sell multiple aircraft and lay off workers as the beleaguered carrier tries to raise cash. In a filing on Thursday with the Securities and Exchange ...

Spirit Airlines has announced layoffs and jet sales amid financial woes. Spirit said in a regulatory filing Thursday that it has identified roughly $80 million of cost-cutting measures that will ...

Spirit Airlines announced in a regulatory filing it would sell some of its older planes and eliminate jobs to reduce costs, causing shares of the budget airline—which dropped after reports the ...

Shares of discount airline Spirit Airlines (NYSE: SAVE) rocketed 105.4% higher through Friday trading at 10:30 a.m. ET, according to data from S&P Global Market Intelligence. Spirit's equity had ...

Spirit Airlines shares surged 21% Friday after the discount carrier said it plans to cut jobs and sell some planes as it tries to shore up its finances The company said that as part of its plans ...

Spirit Airlines (SAVE) is looking to shore up extra cash where it can as it faces bankruptcy rumors. The ultra-low-cost carrier said in a regulatory filing Thursday that it has entered into an ...