ULCC Spirit Bounces Back To Profit In Second Quarter

Credit: Rob Finlayson
Fort Lauderdale-based ultra LCC Spirit Airlines returned to profitability in the second quarter, posting an $11.3 million net profit on a 21.6% year-over-year (YOY) rise in revenue. While Spirit’s second-quarter net result is a fraction of what the carrier reported a year ago ($77.2 million net...

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