Quantcast

Spirit Airlines faces backlash over executive pay raises amid pilot furloughs

Spirit Airlines faces backlash over executive pay raises amid pilot furloughs
Policy
Webp ifq8hysv9kvonscfv21jnyrgkveu
Ivy Ericksen Publisher | AVweb

Spirit Airlines pilots and their union have raised concerns over the airline’s decision to issue furlough notices to pilots while simultaneously approving salary increases for several top executives.

In a July 1 8-K filing, the carrier announced pay raises for four of its C-suite executives and its CEO. At the same time, 200 pilots received furlough notices—a plan the airline initially laid out in April due to aircraft engine issues and slower growth plans.

According to the filing, Spirit announced the appointment of Frederick Cromer as executive vice president and chief financial officer, replacing Scott Haralson who left last month. Spirit detailed salary increases and bonuses for other C-suite members who would receive base salaries to the tune of $950,000, $650,000, $525,000 and $500,000, beginning July 1.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Meanwhile, the low-cost carrier made a deal with Airbus to delay all deliveries until 2030-2031 in an effort to save money. Spirit says the move would improve its liquidity by $340 million over the next two years.

Organizations Included in this History
More News

London Heathrow, recognized as Europe's busiest airport, will soon experience an increase in its flight offerings by Oman Air.

Sep 2, 2025

Minneapolis–St. Paul International Airport will commence safety and airfield improvement projects on Runway 12R-30L in two distinct phases throughout 2025.

Aug 22, 2025

Delta Air Lines is adjusting its service between Atlanta and Anchorage, extending flights beyond the summer travel season to a year-round offering.

May 15, 2025

EVA Air has announced a promotional offer for its Infinity MileageLands members, providing up to 40% bonus miles for those who purchase or top up miles between April 15 and April 30, 2025.

Apr 17, 2025

Flying Food Group has announced its ongoing commitment to community support and development through various initiatives aimed at empowering children and families in East Granby, Connecticut.

Apr 17, 2025

Flying Food Group recently participated in the WTCE Conference in Hamburg, Germany, from April 8th to 10th, 2025.

Apr 17, 2025