Chinese regulators offer more access to aviation while Emirates confirms roadshow program
24th January 2013
After cutting fares when the FAA stopped collecting taxes, Spirit Airlines bookings’ growth had increased by 43% between Saturday and Tuesday, compared with a 23% gain in the first three weeks of the month.
Spirit chief executive Ben Baldanza said: “Our view is that the tax money is the consumer’s money. Spirit never had that money.”
Spirit posted a $16.9 million profit in the three months to June 30, reversing a year-ago loss of $10.1 million. Shares in the airline were up 5.7% at $13.35 following its debut report as a public company in May at $11.50.
Baldanza made no comment on plans to launch services to Cuba.