Following the resolution last week of a new labor contract with its pilots, Fort Lauderdale-based ultra-LCC Spirit Airlines raised its expected operating expenses excluding fuel for the 2018 first quarter and full-year 2018 by approximately three percentage points compared to 2017. In an updated guidance statement, Spirit forecast its adjusted CASM ex-fuel for first-quarter 2018 will decline about 3% year-over-year (YOY), narrowing from the 5.5% to 6.5% decline Spirit forecast a month ...

Subscribe to Access this Entire Article

"Spirit adjusts cost guidance after pilot contract settlement" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.