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Spirit Airlines Reports Q4, Full-Year 2020 Earnings

MIAMI – Spirit Airlines (NK), the eighth-largest commercial airline in North America, yesterday reported its Q4 2020 and Full-Year 2020 results.

Spirit serves destinations in the US, the Caribbean, and Latin America. Branded as an “ultra-low-cost carrier,” the airline operates out of its Fort Lauderdale—Hollywood hub and is headquartered in Miramar (Miami), Fla.

Like the entire commercial aviation industry, the COVID-19 pandemic has wreaked havoc with its 2020 financials. Here are some highlights:

  • Q4 2020 Net Loss – US$157.3m;
  • Q4 Full-Year 2020 Net Loss – US$428,700m;
  • Q4 2020 Earnings Loss Per Share – US$1.61
  • Q4 Full-Year Earnings Loss Per Share – US$5.06

The airline also reported that read more ⇒

Source:: “Airways Magazine”

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