U.S. LCCs Show Varied Q3 Results As Spirit Falters

Antoine Fafard November 13, 2024
Frontier A321neo

Frontier Airlines Airbus A321neo

Credit: Joe Pries
Financial results for the 2024 third quarter (Q3) reveal net profits for two U.S. LCCs, losses for another two budget carriers, and a struggling Spirit Airlines. Allegiant Air reported Q3 revenue of $562 million, a 1% year-over-year increase, but posted a $37 million net loss. During the quarter...
Antoine Fafard

Antoine works as an analyst with the Aviation Week Network, focusing on commercial fleets and MRO.

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