Spirit Airlines announces job cuts of 200 employees as part of bankruptcy cost-saving measures.

• Spirit's job cuts span several airline departments.
• The budget carrier filed for Chapter 11 bankruptcy protection in November.
• The carrier said it expects to exit bankruptcy this quarter.

The struggling budget airline, Spirit Airlines, is reducing costs by cutting approximately 200 jobs across the company following its filing for Chapter 11 bankruptcy protection in November.

"The airline has announced that it is eliminating approximately 200 positions from various departments to optimize its airline and align with its current fleet size and level of flying."

The airline, based in Dania Beach, Florida, had previously furloughed hundreds of pilots and offered flight attendants leaves of absence in an attempt to cut costs. It has also reduced its network and sold some of its Airbus jetliner fleet to raise cash.

Since its merger with was blocked by a federal court on antitrust grounds a year ago, the airline has faced additional struggles, including a Pratt & Whitney engine recall and a surge in labor costs after the pandemic.

"We will continue to identify operational efficiencies and, along with our recent Pilot furloughs, have achieved our previously announced target of $80 million in annualized cost reductions. These decisions are made with care and respect for all impacted Team Members."

The carrier said it expects to exit bankruptcy this quarter.