Spirit Airlines sales to take $25m hit from Hurricane Dorian

Spirit Airlines Friday cut its Q3 outlook for a key revenue measure as it estimates an approximate $25 million hit on its sales, hurt by hundreds of flights cancellations due to Hurricane Dorian. The company now expects Q3 unit revenue to fall between 2.5% and 3.5% compared to its prior estimate of a decline of 1% to 2%. The hurricane has led airline operators including American Airlines and Delta to cancel thousands of flights across the United States this week.<br/>
Reuters
https://www.reuters.com/article/us-spirit-airlines-outlook/spirit-airlines-sales-to-take-25-million-hit-from-hurricane-dorian-idUSKCN1VR2KQ
11/7/19