Spirit Airlines CEO Ted Christie Steps Down Months Before $3.8M Bonus Amid Financial Turmoil

Carrier battles leadership shakeup, bankruptcy fallout, and failed mergers as it scrambles for survival in a shifting aviation landscape In a dramatic leadership shakeup, Spirit Airlines announced on Monday that President and CEO Ted Christie has officially stepped down from his role and resigned from the board of directors, effective immediately—just months before he was slated to receive a $3.8 million retention bonus. The surprise exit of Christie, who had helmed the Florida-based budget airline through some of its most turbulent years, comes as Spirit continues to navigate a fragile financial recovery following a Chapter 11 bankruptcy filing in November … Continue reading Spirit Airlines CEO Ted Christie Steps Down Months Before $3.8M Bonus Amid Financial Turmoil