Spirit Airlines Reports First Quarter 2024 Results
Source: Spirit Airlines Spirit Airlines, Inc. ("Spirit" or the "Company") today reported first quarter 2024 financial results. First Quarter 2024 Financial Results Quarterly results were in line with expectations despite a 230 basis point1 headwind from deferred recognition in earnings of a significant portion of the credits from Pratt & Whitney related to aircraft unavailable for service. "While we reported a loss in the first quarter 2024, we are making progress towards our financial goals. I thank the entire Spirit team for their continued focus on running a reliable operation and delivering value to our Guests as we implement our go-forward standalone plan. There are numerous steps to rollout the plan in a successful, orderly fashion, but we are on track [...]