Sprint Airlines sales to take $25 million hit from Hurricane Dorian

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Sprint Airlines sales to take $25 million hit from Hurricane Dorian

On Friday, the 6th of September 2019, Miramar, Florida-based ultra-low-cost aircraft carrier, Sprint Airlines, had slashed its third-quarterly outlook in revenue generation, as the company had been bracing for a $25 million hit on sales following thousands of flight cancellation due to Hurricane Dorian, a category 1 hurricane, which made a brief landfall on the Outer Banks of North Carolina on Friday (Sept.

6th) and was expected to hit Massachusetts by Saturday (Sept. 7th) morning. On top of that, according to Sprint Airlines’ Friday’s (Sept. 7th) operating profit forecast for the third quarter of the year, the Miramar-based low-cost US airliner was expecting its third quarter revenue to fall between 2.5 per cent and 3.5 per cent, much-lower than a previous estimate of a decline between 1 per cent to 2 per cent.

Nonetheless, aside from the seventh-largest US airliner Sprint Airlines, the category one hurricane Dorian, second-largest to make landfall in the United States this year, had also forced American Airlines alongside Delta Airlines to suspend thousands of domestic flights across the United States this week.

Meanwhile, during preparation of the report, Sept. 6th, GMT 23.55, Hurricane Dorian had been moving towards North Carolina after rampaging the coasts of Bahamas.