Spirit Airlines recorded a net loss of $112 million for the first quarter of 2021. As the ultra-low-cost carrier (ULCC) charts a growth strategy and improvements in March, the airline is looking ahead to the summer. Its team managed capacity successfully and achieved a load factor of 72.1%, which is the highest it has been for the airline since the …
More Americans have resumed flying as sustained passenger numbers through March and into April above one million passengers in a day is a promising sign for airlines. Even after the popular spring break and Easter holiday weekends, passenger numbers have not slipped, showing a sustained appetite for leisure travel outside of peak travel periods. For …
American ultra-low-cost carrier (ULCC) Frontier Airlines has officially gone public. Pricing out at the lower end of its target share price, the airline is still expecting to raise over $200 million from the endeavor. Here is a look at how that could benefit the airline. Frontier’s initial public offering pricing Frontier Airlines announced its initi …
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