Issue Overview

Bare Fare Despair?: Spirit Airlines hasn’t quite been the same since rivals began matching its fares

Spirit

Bare Fare Despair?: Spirit Airlines hasn’t quite been the same since rivals began matching its fares

March 5th, 2018 at 10:46 AM EST
1 min read

Issue Overview

Should Spirit Airlines be worried? In 2017, America’s largest ultra-low-cost carrier saw its operating costs balloon by 22%, running far ahead of its 16% ASM capacity growth. Revenues, meanwhile, rose just 14%. Versus two years ago, Spirit’s costs last year were up 38%, with revenues up just 22%. That’s not a good trajectory.

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