Airline

Spirit Airlines reports $308 million net loss in third quarter, notes "going concern" amid Chapter 11 restructuring

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Spirit Airlines reports $308 million net loss in third quarter, notes "going concern" amid Chapter 11 restructuring

Spirit Airlines reported a third quarter net loss of $308.2 million, or a basic loss per share of $2.81, in the third quarter of the year. The result nearly doubles its loss from the same period a year prior of $157.6 million.The airline reported total operating revenues of $1.2bn, down from $1.3bn ...

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