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International Business Times UK

Business

Vinay Patel

Outrage Soars Over Spirit Airlines CEO's £3M Bonus Cheque Payday Amid Worker Layoffs

Spirit Airlines Spirit Ted Christie United States Boeing New York Post

Spirit Airlines CEO Ted Christie pockets millions as the company heads towards bankruptcy. (Credit: X / Evoclique @Evoclique_)

A recent report revealed that Spirit Airlines CEO Ted Christie received a £3 million ($3.8 million) retention bonus just days before the Florida-based budget carrier filed for Chapter 11 bankruptcy, according to WLRN South Florida. This revelation comes amid significant turbulence for the airline, which is grappling with mounting debts, plummeting stock value, and looming layoffs.

CEO's Bonus Sparks Outrage

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