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Moreover, earnings improved 7.8% on a year-over-year basis. We expect the company to continue deliver impressive earnings figures in the coming quarters on the back of cheap oil. However, the carrier is struggling on the top-line front. The company reported lower-than-expected revenues in the second quarter of 2016. The top line was hurt by a 3.9% dip in passenger revenues. Spirit Airlines, like its peers, continues to struggle with unit revenue issues. Total operating revenue per available seat mile (TRASM: a key measure of unit revenue) declined 14.3% in the second quarter. Average yield decreased 14.7%. Unit revenue issues are expected to hurt Spirit Airlines in the third quarter as well.
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Soldiers and the Afghan National Army unite during an operational meeting at Forward Operating Base Marjan at the National Training Center in Fort Irwin, California, U.S.
To learn more about cheap flights and hotels visit airfare searchon August 20, 2011. Courtesy Jennifer Grier/U.S. Army/Handout via REUTERS 6/6 By Idrees Ali | WASHINGTON WASHINGTON Forty-four Afghan troops visiting the United States for military training have gone missing in less than two years, presumably in an effort to live and work illegally in America, Pentagon officials said. Although the number of disappearances is relatively small -- some 2,200 Afghan troops have received military training in the United States since 2007 -- the incidents raise questions about security and screening procedures for the programs. They are also potentially embarrassing for U.S. President Barack Obama's administration, which has spent billions of dollars training Afghan troops as Washington seeks to extricate itself from the costly, 15-year-old war. The disclosure could fuel criticism by supporters of Republican presidential nominee Donald Trump, who has accused the Obama administration of failing to properly vet immigrants from Muslim-majority countries and has pledged a much tougher stance if he wins. While other foreign troops on U.S. military training visits have sometimes run away, a U.S. defense official said that the frequency of Afghan troops going missing was concerning and "out of the ordinary." Since September alone, eight Afghan troops have left military bases without authorization, Pentagon spokesman Adam Stump told Reuters.
U.H. Approves Eight More Air-ports For Cuba Flights
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