Spirit Airlines posts quarterly loss, in talks with Airbus to defer deliveries

Spirit Airlines Wednesday posted a quarterly loss and said it was in discussions with Airbus to defer 2020 and 2021 jet deliveries and related pre-delivery payments in an effort to reduce its aircraft capital spending by $185m. Spirit said it has cut its capacity by about 75% in April and 95% in May and June and will be evaluating whether to take advantage of US government aid in the coming months.<br/>
Reuters
https://www.reuters.com/article/us-spirit-airlines-results/spirit-airlines-posts-quarterly-loss-in-talks-with-airbus-to-defer-deliveries-idUSKBN22I34D
5/7/20