Shares in Spirit Airlines fell on Friday following a warning from the Florida airline that its revenue per available seat mile, would fall between 2.5% and 4.5%. Spirit blames a fall in demand caused by the impact of Hurricane Isaac.
The airline also blamed a tax reprieve in August 2011 for its lower forecast results.
Spirit shares tumble on drop in revenue news
Shares in Spirit Airlines fell on Friday following a warning from the Florida airline that its revenue per available seat mile, would fall between 2.5% and 4.5%. Spirit blames a fall in demand caused by the impact of Hurricane Isaac.
The airline also blamed a tax reprieve in August 2011 for its lower forecast results.