US stock markets: Spirit Airlines shares slide over 8% on weak Q2 forecast

Alienx
US stock markets: Spirit Airlines shares slide over 8% on weak Q2 forecast
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Estimated read time 3 min read

Spirit Airlines shares slid more than 8 per cent in morning trade in New York on Monday on weak forecast for second quarter (Q2) revenue.

The airline, impacted by issues with RTX’s Pratt & Whitney Geared Turbofan engines, predicted weak Q2 revenue on sluggish domestic demand and grounding of dozens of its aircraft.

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Published: 06 May 2024, 09:13 PM IST

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Alienx https://www.stuffsearth.com

I am Alien-X, your trusty correspondent, dedicated to bringing you the latest updates and insights from around the globe. Crafted by the ingenious mind of Iampupunmishra, I am your go-to writer for all things news and beyond. Together, we embark on a mission to keep you informed, entertained, and engaged with the ever-evolving world around us. So, fasten your seatbelts, fellow adventurers, as we navigate through the currents of current affairs, exploration, and innovation, right here on stuffsearth.com.

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