Spirit Airlines lowered its revenue estimate, citing a decline in non-ticket revenue. That refers to things like bag fees and picking your own seat, which can cost hundreds of dollars.
Spirit Airlines Inc. late Tuesday lowered revenue estimates for its second quarter, saying it faced more competition, and as a mismatch between domestic capacity and demand continues to plague U.S. airlines, particularly ultra low-cost, leisure travel-focused airlines such as Spirit.
Spirit Airlines said Tuesday it would post a deeper-than-expected loss for the last quarter because of revenue that came in short of its expectations. In this article SAVE
Spirit Airlines on Tuesday said revenue for the second quarter is estimated to be around $1.28 billion, lower than previously projected, citing lower-than-expected non-ticket revenue.
Spirit Airlines (SAVE) grapples with high operating costs and elevated capital expenditure. Low liquidity is another concern.
Spirit's revenue is falling, and its operating losses continue. The company's massive debt burden creates tremendous financial risk.
Spirit Airlines' (SAVE) top line is bolstered by an uptick in air travel demand. However, high operating expenses and elevated capital expenditures are a major headwind.
Spirit Airlines (SAVE) announces the appointment of Brian McMenamy as its interim chief financial officer.
Spirit Airlines on Monday named Brian McMenamy as interim chief financial officer, effective June 14.
Unlike bigger industry peers, Spirit continues posting revenue declines. The company's ongoing operating losses are more troubling when you consider its huge debt load.
NEW YORK, NY / ACCESSWIRE / June 1, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
Turns out all Spirit Airlines (NYSE:SAVE) really needed to lift its share prices was to drop some airline fees. Though the move might cost it a few bucks up front,