Ultra-low-cost carrier (ULCC) Spirit Airlines reported second-quarter net income of $78.1 million, up 6.9% from $73.1 net income in the year-ago quarter, as the Florida-based ULCC felt the financial impact of pilot-related fight cancellations, the airline said during a July 27 earnings call. Operating revenues increased 20.1% year-over-year (YOY) to $701.7 million, while expenses increased 23.1% YOY to $569 million, producing an operating income of $132.7 million, up 8.9% YOY. Available ...

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