CHICAGO, Oct 30 (Reuters) - Spirit Airlines ( SAVE )

will furlough about 330 pilots on Jan. 31, 2025, a company

spokesperson told Reuters, as part of its efforts to cut costs

and shore up its finances.

This is on top of the 186 pilots who were furloughed last

month.

The ultra-low-cost carrier has been losing money despite

strong travel demand. It has failed to report a profit in the

last five out of six quarters, raising doubts about its ability

to manage looming debt maturities.

"We are implementing a series of cost savings initiatives

throughout our business, including a reduction in workforce, as

part of our comprehensive plan to return to profitability,"

Spirit's spokesperson said.