Spirit revises 3Q guidance; storms cost $40 million in lost revenue

Credit: Rob Finlayson
Florida-based ULCC Spirit Airlines revised its third-quarter operational guidance Oct. 16 and indicated the airline took a $40 million hit in lost revenue from the recent hurricanes.Spirit estimated its 3Q RASM will be down approximately 6.5% year-over-year (YOY), a revision from a downward RASM...

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