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 ...

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