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/>
https://portal.staralliance.com/cms/news/hot-topics/2019-09-09/unaligned/spirit-airlines-sales-to-take-25m-hit-from-hurricane-dorian
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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/>