Spirit Airlines will defer Airbus orders, furlough 260 pilots in race to shore up liquidity

[ad_1] A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas.  Brandon Bell | Getty Images Spirit Airlines said Monday that it will defer deliveries of new Airbus planes and furlough about 260 pilots as it tries to boost liquidity. “Of course, these steps aren’t ones we want to take but they’re necessary to ensure a strong and profitable future for Spirit,” CEO Ted Christie said in a note to staff Monday. Spirit said it will defer all…

Judge orders Trump company to tell financial watchdog about efforts to get appeal bonds

[ad_1] Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, October 25, 2023. Jeenah Moon | Reuters A judge ordered Donald‘s company Thursday to inform a court-appointed financial watchdog about any future efforts to obtain an appeal bond. Judge Arthur Engoron’s order came three days after Trump’s lawyers said in a court filing it has been “impossible” for the former president to get such a bond for a civil fraud case he lost.…