SPIRIT AIRLINES lost $27.8m in 1Q20 (vs $56.1m net income in 1Q19) on 10% lower revenues and commenced public offerings of 12m shares of stock and $150m of convertible senior notes. It has reduced capacity by 75% in April and 95% in May/June.

Subscription Required


SPIRIT AIRLINES is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login


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.