Spirit 3Q net profit up 38% on network reorientation, improved yield

Credit: Rob Finlayson
Fort Lauderdale-based ultra-LCC Spirit Airlines reported a 2018 third-quarter net profit of $97.5 million, up 38% from the $60.2 million reported in the same period last year, offsetting higher costs for jet fuel and personnel.Spirit CEO Robert Fornaro credited the strong earnings growth to...

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