Spirit Airlines 4Q profit down 62.8% despite revenue increase
Credit: Rob Finlayson
Boosted by higher fare and ancillary revenue, Fort Lauderdale-based Spirit Airlines posted a fourth-quarter (4Q) net profit of $92 million and saw revenue increase for the period, despite higher fuel and personnel costs. The ultra-LCC’s 4Q net profit was down 62.8% compared to its 4Q 2017 $247...
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