Spirit Airlines forecasts a wider Q2 2024 loss due to lower non-ticket revenue, estimating total revenue at $1.28B.

Spirit Airlines forecasts a wider quarterly loss due to lower-than-expected non-ticket revenue in Q2 2024, estimating total revenue at $1.28B, down from initial expectations. Non-ticket revenue per passenger segment is expected to be $64, several dollars lower than previously anticipated. Factors contributing to the underperformance include increased pressure on ancillary pricing due to a competitive marketplace.