Spirit Airlines planning to furlough a third of its flight attendants

(CNN)– Spirit Airlines is planning to furlough a third of its flight attendants, as it looks to cut costs.

That would amount to about 18,000 employees.

Spirit is starting with voluntary furloughs.

The budget airline is seeking to drastically cut back after filing for chapter 11 bankruptcy for the second time in less than a year last month.

It plans to cut flying capacity by a quarter in its November schedule compared to a year earlier.

And it’s looking to slash $100 million in annual spending on pilots.