Aircraft Demand: Airline Distress & Consolidation
Aircraft Finance & Leasing
Airline Industry & Market Trends
Airlines
FlightGlobal
• Howard Hardee
Spirit to shrink fleet and network to chase profitability in latter half of decade
Spirit Airlines is embarking on a rare, deliberate downsizing—cutting aircraft and routes—to pursue profitability and reduce costs in the latter half of the decade. Whether the strategy will succeed is unclear; industry experience suggests shrinking into sustainable profits is difficult and risky.
