Spirit says Q4 and full year 2022 results better than expected

US budget carrier Spirit Airlines posted fourth quarter 2022 (Q4 2022) revenue of almost $1.4bn, taking it to $5.06bn revenue for the year, a 56% increase on 2021. The Q4 2022 figure was “primarily due to increased flight volume and stronger operating yields”, Florida-based Spirit said, and was up 43.5% on Q4 2019. Spirit shares climbed by 7% after the results, which were above what the carrier had expected, were announced late on February 6. “Leisure demand has remained strong and our team is doing a great job maximising revenue production. In the fourth quarter 2022, despite a significant number