Spirit Airlines reports first quarter 2021 results

Spirit Airlines has reported a 40.2$ reduction in total operating revenues of $461.3 million for the first quarter 2021 due to the continued negative impacts to demand for air travel due to the COVID-19 pandemic. Early in the first quarter 2021, Spirit states that it experienced another setback in demand as the new international testing requirements were implemented and some states increased jurisdictional restrictions following spikes in COVID-19 case counts. However, in March 2021, as the vaccine rollout gained traction and jurisdictional restrictions eased, domestic and international demand rebounded strongly. For the first quarter 2021, total revenue per passenger flight