COVID 19: Spirit Airlines sees light on the horizon
The US ULCC Spirit Airlines continues to operate at a fraction of its original schedule, with the US summer season about to start at the end of May-2020, but the airline is expressing some cautious optimism about bookings and pricing.
However, the slight move upward in those metrics is off a very low base, as the COVID-19 pandemic has essentially wiped out demand in a matter of weeks.
Spirit is joining other airlines worldwide in attempting to determine the optimal size for its company in the aftermath of the crisis. As it works through those evaluations, the airline is one of many engaging with Airbus about deferring deliveries of aircraft, and Spirit expects to push back some deliveries scheduled for 2020 and 2021.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.