Spirit provides positive market update

In the second quarter of 2021, Spirit Airlines reports an improvement in operating yields, and now expects its EBITDA margin, excluding special items, for the second quarter of 2021 to be “modestly positive”. Leisure demand in Spirit’s domestic and international markets has continued to improve throughout the second quarter. The airline estimates its load factor for the second quarter 2021 will be about 84.0 percent, in line with the performance achieved in second quarter 2019. Total operating expenses, excluding special items, for the second quarter 2021 are tracking towards the better end of Spirit’s initial guidance of $885 million to