Spirit reports 3Q net income falls 55%, ancillary revenue rises 30%

Posted 31/10/2011

Spirit Airlines’ (NK) third-quarter net income fell 55.2% from the prior-year period to $27.7 million, owing to Hurricane Irene, a 65.2% year-over-year increase in fuel expenses, and a 38.9% increase in maintenance and repair costs.

Originally published 31 Oct 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/M9nx3teaA34/spirit-reports-3q-net-income-falls-55-ancillary-revenue-rises-30-1028

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