CAPA: Spirit Airlines focusing on vacation packaging business to drive non ticket revenue growth

CAPA - Centre for Aviation, in a report entitled: 'JetBlue and Spirit: utilising low hanging fruit to drive ancillaries', stated (13-Feb-2019) Spirit Airlines clearly has no intentions of establishing any non-airline subsidiaries, but is instead working on its vacation packing business to drive growth in its non-ticket revenue. Despite the airline's vacation package programme underperforming, its non ticket revenue per flight segment was up 5.2% year on year in 4Q2018, as compared to its relatively low non ticket revenue throughout 2016 and 2017. [more - CAPA Analysis]