Spirit posts $81 million 3Q net gain; competitive pricing hits yields

Credit: Rob Finlayson
Florida-based ultra-low-cost carrier Spirit Airlines reported $81.4 million net income for the 2016 third quarter, down 16.2% year-over-year (YOY) from a $97.1 million net profit in 3Q 2015. Excluding special items, which in 3Q 2016 were primarily related to lease termination costs, Spirit’s...

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