Spirit posts $45 million 1Q loss, cites pilot contract-related charges

Credit: Rob Finlayson

Fort Lauderdale-based ultra-LCC Spirit Airlines posted a $44.9 million net loss for the first quarter of 2018, reversed from a $31.3 million net profit in 1Q 2017, as $89 million in special charges related to Spirit’s February labor agreement with its pilots impacted the net result. Spirit recorded...

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