Airline

$140 million net loss for Spirit Airlines in first quarter, will furlough up to 260 pilots

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$140 million net loss for Spirit Airlines in first quarter, will furlough up to 260 pilots

Spirit Airlines' disappointing start to the year with the termination of its $3.8bn merger agreement with JetBlue has deepened with its first quarter net loss totalling $142.6 million, with a $1.30 loss per share. It marks an even greater loss than last year's first quarter net loss of $103.9 millio...

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