Spirit Airlines changes plans for future headquarters in Dania Beach - South Florida Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
A combination of severe weather and staffing shortages forced Spirit Airlines to cancel a huge proportion of its flights earlier this month.
Spirit reduced its Q3 revenue expectations by up to $150 million, while operating expenses will exceed its previous outlook.
The recent crisis is unlikely to have a meaningful impact on Spirit's long-term profitability.
Just a few weeks ago, Spirit Airlines' (NYSE:SAVE) recovery seemed to be accelerating.
The budget airline posted a much smaller second-quarter loss than analysts had expected.
It returned to profitability in June, and…
Spirit Airlines Slashes Guidance After Operational Meltdown fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Spirit Airlines cuts flights into September on heels of cancellations clarionledger.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from clarionledger.com Daily Mail and Mail on Sunday newspapers.