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As Capacity Increases, Spirit’s Load Factor Falls, Worrying Analysts
October 10, 2014
Spirit Airlines on Wednesday reported a lower-than-expected September load factor, concerning investors who question the carrier’s massive growth plans for 2015 and 2016. Spirit reported a load factor of 81.5% last month, 3.2 points lower than in September 2013. Spirit is flying far more than it did...
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