Spirit Airlines loses $2.8 million in the first six months, will go public

Spirit Airlines (Fort Lauderdale/Hollywood) will soon shed its “privately held” label as it will soon issue its Initial Public Offering (IPO) of stock according to this report by Reuters.

The company, which lost $2.8 million in the first six months of this year, is also terminating its consulting contract with U.S. investment company Indigo Partners.

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Copyright Photo: Michael B. Ing. Airbus A319-132 N505NK (msn 2485) arrives at Las Vegas.