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 ...

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