GTF Accounting Compensation Changes To Drive Wider Spirit Losses

Spirit Airlines A320neo
Credit: Airbus
Spirit Airlines has altered the methods it will use in accounting for compensation from grounded geared turbofan (GTF) engines, driving the airline towards a wider loss for the first quarter (Q1). The Fort Lauderdale-based airline recently reached an agreement with Pratt & Whitney affiliate...
Lori Ranson

Lori covers North American and Latin airlines for Aviation Week and is also a Senior Analyst for CAPA - Centre for Aviation.

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