Spirit Airlines warns of layoffs as the COVID-19 pandemic continues to cut into air travel

Spirit Airlines is warning employees that it could furlough up to 30% of its roughly 9,000 workers in October, when federal payroll-help money runs out. CEO Ted Christie said in a memo to employees that furloughs might be needed because Spirit is burning through too much cash as the coronavirus pandemic continues to cut sharply into air travel (www.usatoday.com) Altro...