April 22, 2021| 487 0

Spirit Records $112m Net Loss With 72% Load Factor

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 …

March 18, 2021| 483 0

How Spirit Airlines’ Order Book Has Benefited From The Crisis

Passenger airlines faced a crisis unlike any other when the pandemic first hit. Every carrier worldwide, including ultra-low-cost carrier (ULCC) Spirit Airlines, faced cash crunches, shrinking route networks, and an evaporating pool of passengers. Spirit took some drastic measures early in the crisis. Still, as the last few weeks have proven, ULCCs …

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