Spirit Airlines is cutting jobs and reducing capacity by 25% in November, aiming to focus on its strongest markets. The number of roles affected is unclear, but the low-cost carrier is evaluating fleet size and plans to meet with union leaders. The airline filed for bankruptcy protection for the second time in a year, raising concerns about the future of cheap flights. United Airlines has ruled out bidding for Spirit’s assets in the restructuring process.

Read more at Yahoo Finance: Spirit to slash flight capacity by 25% and cut jobs, memo says