Spirit Faces Lower Yields, Slower International Demand
August 01, 2016
SAN FRANCISCO—Spirit Airlines says demand for its leisure fares remain high, as do load factors, but yields in the second quarter were lower than expected, due mainly to increased competition. CEO Robert Fornaro attributed the lower yields to lower fares driven by competition. “So again, our load...
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.