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Spirit Airlines on Tuesday cut its revenue outlook for the second quarter, citing lower-than-expected non-ticket revenue, sending its shares down more than 8% in morning trading Wednesday. The company now projects quarterly revenue to be $1.28 billion, compared with its earlier estimate of betwee...
Shares of Spirit Airlines fell further Friday, a day after the budget airline said it would furlough about 240 pilots and reported a wider-than-forecast quarterly loss. The airline posted a $192.9 million second-quarter loss, far larger than its $2.3 million loss in the prior-year period. ...
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