Hurricane Sandy directly cost Spirit Airlines about $3 million in lost revenue because of flight cancellations, but the low-cost carrier estimates the natural disaster will cost it an additional $30-$35 million because New York and Atlantic City-area customers are focused on recovering from the damage instead of traveling. That is a sizable hit for an airline that reported about $342 million in operating revenue for the third quarter. Spirit’s business model is built on stimulating ...


You must be a paid subscriber to access "Sandy's Indirect Impact May Cost Spirit About 10% Of Revenue".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.