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Home » Spirit Stock Rises After Airline Posts Earnings, Says It Plans to Close JetBlue Deal

Spirit Stock Rises After Airline Posts Earnings, Says It Plans to Close JetBlue Deal

    Spirit Airlines posted lower quarterly revenue and said it still plans to fight regulators and close its tie-up with JetBlue Airways. The company is dealing with an issue tied to Pratt & Whitney engines, which Spirit said will ground dozens of planes this year. Spirit said it expects capacity will be flat to up by a mid-single digit percentage this year, factoring in the engine issue.

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