Spirit Airlines , sometimes referred to as the "in your face", "customer be dammed" and "Bare Fare" airline (among others that shall not be published here) is blaming weather and competition for the poor numbers and margins posted in June. We are always skeptical when companies blame the weather for their poor performance. Another explanation, not given by analysts or the company is that perhaps travelers finally figured out the "unbundling" gig that ends up costing more when it is all said and done. Remember that Spirit back in 2012 more than doubled the carry-on luggage fee to a $100 and made no apologies. The applause from Wall Street was deafening. Reality is finally setting in, and Wall Street is showing no love for Spirit today.
www.premieretravel.com
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