Spirit Airlines A320. Courtesy, NK Florida-based Spirit Airlines (NK) reported first-quarter net income of $23.4 million, almost tripled from a net profit of $7.9 million in the year-ago period. Spirit president and CEO Ben Baldanza credited the airline’s network expansion as the reason for the result. “Robust demand for our ultra-low base fares with a range of optional services for a fee resulted in our revenue growth outpacing our capacity growth,” Baldanza said ...

Subscribe to Access this Entire Article

"Spirit 1Q earnings nearly triple to $23.4 million" 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? ATWPlus@penton.com.