Spirit exit likely to lead to higher US airfares, experts say

The demise of ultra low-cost carrier Spirit Airlines is expected to add further upward pressure to US fares, according to experts. Launched in 1992, the company is responsible for the “Spirit Effect” in which bare-bones service opens up travel to a broader slate of customers otherwise priced out of the market. Spirit’s business model of […] The post Spirit exit likely to lead to higher US airfares, experts say appeared first on Digital Journal.