Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter in 2018, Mark was a reporter and data analyst for Air Transport World.
Spirit Airlines, aided by a one-time, non-cash $199.3 million tax credit courtesy of the late-2017 U.S. tax reform legislation, posted a $420.6 million net profit for 2017, a 58.8% increase over $264.9 million in 2016.
Fort Lauderdale-based ultra-LCC Spirit Airlines reported a $420.6 million net profit for 2017, a 58.8% increase over a $264.9 million net income in 2016. Spirit cited a one-time, non-cash $199.3 million tax credit courtesy of the late 2017 US tax reform legislation, as part of the reason for the increase.
