Spirit Airlines will take a major cost hit later this year as it rejiggers operations to focus on reliability after a rough second quarter, the airline said in a statement. So this summer, Spirit did what most cost-conscious airlines try once they’re tired of spending a fortune to fix operational woes. Spirit reduced some of the costly changes, flying aircraft more hours each day, and cutting the number of pilots held in reserve for unexpected flying. “These actions reduced the buffer in the system to recover from adverse weather”, CEO Ted Christie said in a statement. However, the results have not been good. Christie said Spirit will fix its problems, but in updated investor guidance, the company warned it would cost money.
Collected and summarized from the source below by Ta Ngoc Diep: https://skift.com/2019/07/24/spirit-airlines-on-time-arrivals-plan-backfired-when-it-cut-corners/