Wyatte Grantham Philips | Associated Press
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Spirit Aviation Holdings, the budget carrier鈥檚 parent company, says it has 鈥渟ubstantial doubt鈥� about its ability to continue as a going concern within the next year 鈥� which is accounting-speak for having the resources needed to sustain operations. -
Spirit says it has identified about $80 million of cost-cutting measures set to begin early next year. Those cuts will be driven primarily by a 鈥渞eduction in workforce,鈥� the airline disclosed in a Thursday regulatory filing. -
A handful of federal programs that people nationwide rely on everyday could also be disrupted 鈥� from dwindling funds for food assistance to potential delays in customer service for recipients of Medicare and Social Security. -
Ride-hailing and food delivery companies say extreme violence is rare among the millions of trips completed each week by gig workers.
