Spirit Airlines Warns About Loss and Revenue; Stock Sinks To All-Time Low

Key Takeaways Spirit Airlines warned that its second-quarter loss would be more than expected, and revenue would fall short of its previous outlook. The company blamed the worse numbers on less-than-anticipated non-ticket revenue. The news sent Spirit Airlines shares to an all-time low. Shares of Spirit Airlines (SAVE) fell to an all-time low Wednesday, a day after the discount carrier warned that its second-quarter loss and revenue would be worse than it had previously expected because non-ticket income ca ...