Spirit Airlines takes $25 million sales hit from Hurricane Dorian
Spirit Airlines on Friday estimated a roughly $25 million hit on its sales following the cancellations of hundreds of flights due to Hurricane Dorian.
The company’s third-quarter revenue is expected to fall between 2.5 percent and 3.5 percent, compared to its previous approximation of a 1 percent to 2 percent decline, Reuters reports.
Other airlines, including American Airlines and Delta Air Lines, have canceled thousands of flights due to the hurricane, which peaked last week as a Category 5 storm.{mosads}
As many as 600 flights scheduled for Labor Day alone were canceled, with the majority stemming from airports in Florida.
Dorian has been weakened since it hit the Bahamas — where officials say at least 43 people have died as a result of the storm, as of Saturday morning — and made landfall on the Outer Banks of North Carolina on Friday.
The National Hurricane Center tweeted Thursday night that the wall of Dorian’s eye was “very near” Cape Fear, N.C.
Tropical storm winds are expected in Nantucket Island and Martha’s Vineyard in Massachusetts early Saturday.
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