Wednesday, 18 August 2021

Spirit Airlines says canceled flights cost $50M, hurt bookings

Spirit Airlines says canceled flights cost $50M, hurt bookings

Spirit Airlines said Monday the cancellation of more than 2,800 flights over an 11-day stretch this summer cost the budget airline about $50 million in lost revenue and caused spending to soar. The airline said the service meltdown that started in late July and a rise in Covid-19 cases are causing more last-minute cancellations and softer bookings.

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