Don't give up on those Spirit Airlines tickets just yet. Canceled flights have stranded or rerouted thousands of passengers this week, but Spirit Airlines pilots plan to head back to the skies Friday after striking a deal to end a five-day walkout Wednesday, the Associated Press reports.
The deal doesn't officially end the pay dispute. Contract details are still being hammered out and a full contract will have to be ratified by union members, according to the Air Line Pilots Association. Andy Nelson, vice chairman of the union, told the Associated Press that pilots will technically remain on strike until a back-to-work agreement is completed.
The strike, which began Saturday, marks the first at a passenger airline since the Northwest Airlines strike in 2005.
Learn the most important step in structuring an investment portfolio.View Course »