Slower bookings and "heightened" airfare discounting are hurting Frontier Airlines and Spirit Airlines this quarter. That means potentially deep losses for the ultra low-cost carriers. Edward Russell and Jay Shabat discuss what happened. Plus, the latest on the Pratt & Whitney geared turbofan engine situation.
Reading List
Spirit Airlines Stuns with Forecast of Steep Third-Quarter Loss
Airbus A320neo Pratt Engine Issues to Ground 650 Planes Next Year
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