CHICAGO (Reuters) - Frontier Airlines is preparing to send notices on Friday to employees warning that 35% of the budget carrier's flight attendants and pilots could be furloughed as early as Oct. 1, a spokeswoman told Reuters on Friday.
The warnings from Frontier, which is owned by private equity firm Indigo Partners, follow a similar warning from low-cost carrier Spirit Airlines (N:SAVE) earlier this week as government funds to help U.S. airlines protect pay and jobs during the coronavirus pandemic is set to expire in September, with no near-term recovery in sight.