Spirit Airlines (NYSE:SAVE) disclosed plans to sell 23 Airbus planes, scale back flight capacity and cut jobs to boost liquidity. The news sent its shares soaring 9.5% aftermarket on Thursday.

On Thursday, Spirit Airlines unveiled plans to cut costs and raise cash amid bankruptcy reports. Its stock rose after it said it would sell Airbus jets worth up to $519 million and cut staff.

Travelers considering booking flights on Spirit should be aware that changes are coming to the airline’s schedule next year. Aaron P./Bauer-Griffin/GC Images Spirit Airlines Airbus A319-132 ...

Spirit Airlines announced in a regulatory filing ... Commission filing late Thursday it would sell 23 of its older Airbus aircraft starting this month, which Spirit estimates will bring in about ...

Spirit said it plans to sell 23 Airbus jets and cut millions in costs 'primarily by a reduction in workforce' as it scales back flight capacity Embattled discount airline Spirit Airlines Inc. on ...

CHICAGO, Oct 30 (Reuters) - Spirit Airlines SAVE.N will furlough about ... It is also selling 23 older Airbus AIR.PA aircraft for $519 million. The sale proceeds are estimated to provide ...

Spirit previously announced pilot furloughs and capacity cuts to address ongoing financial issues, as well as well-documented engine problems that have grounded many Airbus A320s across airlines.

Three Spirit Airlines Airbus A320neo planes parked next to the terminal at Harry Reid International Airpot in Las Vegas, Nevada. The airlines has filed for Chapter 11 bankruptcy. Three Spirit ...

Airbus AIR0.02%increase; green up pointing triangle agreed to acquire some Spirit AeroSystems SPR-0.58%decrease; red down pointing triangle facilities that make parts for its jets, moving to take ...

Spirit Airlines, known for its cheap “bare fares ... quality issues with the Pratt & Whitney engines on many of its Airbus jets leading to the grounding of dozens of planes.