Spirit Airlines, which previously estimated Hurricane Sandy would cost it $33-$38 million in revenue because of a months-long decline in bookings, now says it overestimated the long-term impact of the storm and is reducing its estimate to $25 million. “The revenue impact from Hurricane Sandy was less than previously estimated, primarily due to a stronger-than-anticipated recovery in demand for the month of December,” the South Florida-based low-cost carrier says. Spirit reported a 30.6% ...
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