Spirit Airlines, the low-cost airline known for bright yellow planes, sassy style and cheap fares, helped revolutionize the way we pay for travel. To balance the tariffs, the carrier charges everything from hand luggage to bottles of water.
As of 2019, Spirit Airlines has been profitable for 13 consecutive years. However, since then the airline has gotten into tough times.
With the coronavirus pandemic that crashed passenger traffic, Spirit announced total revenue of $ 402 million in the third quarter, a 60% year-over-year decrease.
To keep passengers safe and on board, Spirit requires face coverings for passengers and crew, disinfects the aircraft with fog machines, and waives some change fees. But is it enough? And will Spirit Airlines be able to recover from the economic fallout from the aviation industry?
See more:
Why GNC filed for bankruptcy protection despite the boom in vitamin sales
Why rural hospitals go bankrupt
Picture this: a bustling apartment complex filled with tenants who reliably pay rent every month.…
Metformin has been used for decades. Not as a wellness trend. Not as a supplement…
Ashton Kutcher does not bother anyone with this beauty treatment. At least the company doesn't.…
The logo of pharmaceutical company Novo Nordisk is seen outside its offices in Bagsvaerd on…
Donald Trump is by far the pettiest president in US history. He never forgets an…
Defense stocks in Europe and Asia rose sharply on Monday as investors gauged that the…
This website uses cookies.