Spirit Airlines to furlough 270 pilots, downgrade more than 100 others as it prepares to cut flights

1. Spirit Airlines to furlough 270 pilots this fall due to off-season adjustments. 2. 140 pilots downgraded from captain to first officer roles effective October 1. 3. The airline strives to align staffing with reduced flight schedules for profitability. 4. Spirit emerged from Chapter 11 bankruptcy in March, aiming for upscale travel options. 5. Airline industry reports softer travel demand, primarily during off-peak periods.