SPIRIT AIRLINES
SPIRIT AIRLINES had $157.3m net loss in 4Q20 (vs $81.2m profit in 4Q19) on 48.6% lower revenues; and $428.7m net loss in 2020 (vs $335m profit in 2019) on 52.7% lower revenues. It ended year with $1.9b in unrestricted cash and 157 aircraft in fleet.
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Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.