Spirit Airlines A320. Courtesy, Airbus Spirit Airlines’ (NK) third-quarter net income fell 55.2% from the prior-year period to $27.7 million, owing to Hurricane Irene, a 65.2% year-over-year increase in fuel expenses, and a 38.9% increase in maintenance and repair costs. Despite the drop in net income, NK president and CEO Ben Baldanza still characterized the third-quarter results as “strong,” with a 41.8% year-over-year increase in revenues to $288.71 million, and ...

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