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Further, from the 'Ratios' tab from Capital IQ, what are your firm's Profit Margin values for the most recent five-year period? How do they compare to the same quotients for its direct competitor? Please explain the differences in Profit Margin without resorting to its formula Net Income/Sales. Please offer some factual explanation; not based on personal opinion. [Note that Capital IQ uses 'Net Income Margin' instead of the usual 'Profit Margin' to refer to this profitability measure on the 'Ratios' tab.] Please offer some feasible explanation, based on facts and firm characteristics; not based on personal opinion. 2019 7.0% PM JetBlue Airways Spirit Airlines 8.8% 2020 (45.8%) (23.7%) 2021 (3.0%) (14.6%) 2022 (4.0%) (10.9%) 2023 0.3% (7.5%)

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Further, from the 'Ratios' tab from Capital IQ', what are your firm's Profit Margin values for the most recent five-year period? How do they compare to the same quotients for its direct competitor? Please explain the differences in Profit Margin without resorting to its formula Net Income/Sales. Please offer some factual explanation; not based on persongl_opinion. [Note that Capital IQ' uses 'Net Income Margin' instead of the usual 'Profit Margin' to refer to this profitability measure on the 'Ratios' tab.] Please offer some feasible explanation, based on facts and firm characteristics; not based on persongl. opinion

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