May 6, 2020 / 8:52 PM / a month ago

Spirit Airlines posts quarterly loss, in talks with Airbus to defer deliveries

May 6 (Reuters) - Spirit Airlines Inc on Wednesday posted a quarterly loss and said it was in discussions with Airbus SE to defer 2020 and 2021 jet deliveries and related pre-delivery payments in an effort to reduce its aircraft capital spending by $185 million.

As the coronavirus crisis has crushed air travel demand, budget carrier Spirit said it has cut its capacity by about 75% in April and 95% in May and June and will be evaluating whether to take advantage of U.S. government aid in the coming months. (Reporting by Tracy Rucinski Editing by Chris Reese)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below