ULCC Spirit 3Q net profit up 44%; stays course despite stock drop

Credit: Rob Finlayson
Spirit Airlines earned third-quarter net income of $97.1 million, up 44% over a net profit of $67 million in the 2014 September quarter, and vowed to maintain a high growth rate in the face of stiff pricing pressure. CEO Ben Baldanza confronted tough questioning from Wall Street analysts during an...

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