LCC

A Spirited Defense: The ultra-high margins haven’t disappeared. But America’s largest ultra-LCC isn’t worry free

LCC

A Spirited Defense: The ultra-high margins haven’t disappeared. But America’s largest ultra-LCC isn’t worry free

September 2016
2 min read
Seth Kaplan

Issue Overview

Is it silly to worry about an airline that earned a 22% operating margin last quarter? Maybe “worry” is too strong a word. But concerns about Spirit Airlines are serious, not silly.