Spirit earnings strong despite rising expenses

Spirit Airlines A320. Courtesy, Airbus Fort Lauderdale, Fla.-based low-cost carrier (LCC) Spirit Airlines (NK) reported net income of $30.9 million for the third quarter, up 11.7% from the $27.7 million earned in the third quarter 2011. Revenues jumped 18.6% to $342.3 million on a 19.9% increase in...

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