Spirit Airlines Lowers Outlook, Cites Weaker Revenue From Fees
Skift Take
The ultra-low-cost carrier lowered its revenue outlook for the second quarter, blaming softer ancillary sales.
Spirit Airlines is anticipating a bigger quarterly loss in the second quarter, citing lower-than-expected ancillary sales.
While Spirit didn’t go into specifics, ancillary fees for perks like checked baggage, carry-ons and seat selection are typically a major revenue driver for ultra-low-cost airlines.
The ultra-low-cost carrier said in a regulatory filing on Tuesday that it expected to report second-quarter revenue of $1.28 billion, down from the previously e
