Spirit Airlines files for bankruptcy

Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting losses and debt maturities, the airline announced Monday.

Southwest offering buyouts, extended leave to airport workers

Southwest Airlines is offering buyouts and extended leaves of absence to airport workers to avoid what it calls “overstaffing in certain locations," which it blames on a shortage of new planes from Boeing. This reportedly includes all LA-area airports.

Southwest offers buyouts, extended leave

Southwest officials have said that the Dallas-based airline plans to end this year with 2,000 fewer workers than it started. That is after Southwest grew from 66,600 to nearly 75,000 employees last year. The figures count part-timers as one-half.