Spirit posts $265 million 2016 net profit; cites ‘aggressive’ competition

Credit: Rob Finlayson
Florida-based ultra-low-cost carrier Spirit Airlines reported 2016 net profit of $264.9 million, down 16.5% from net income of $317.2 million in 2015. Excluding full-year special charges of $37.2 million related to aircraft lease termination costs, Spirit’s 2106 net income totaled $291 million, down...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.