Spirit profits on 2Q improved ancillary revenue, on-time performance

Credit: Rob Finlayson
Fort Lauderdale-based ultra-LCC Spirit Airlines returned to profitability in the second quarter of 2018, posting an $11.3 million net profit on top of a 21.6% rise in revenue. While Spirit’s 2Q net result is a fraction of what the carrier reported a year ago ($77.2 million net profit in 2Q 2017), it...

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