Difference between revisions of "Spirit Airlines Beats Estimates On Strong Travel Demand"
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− | Feb 6 (Reuters) - Ultra low-cost carrier Spirit Airlines Inc posted better-than-expected quarterly results on Monday, fueled by strong demand for air travel despite ongoing economic concerns.<br> Shares of Spirit rose over 7% to $21 in aftermarket trade.<br> U | + | Feb 6 (Reuters) - Ultra low-cost carrier Spirit Airlines Inc posted better-than-expected quarterly results on Monday, fueled by strong demand for air travel despite ongoing economic concerns.<br> Shares of Spirit rose over 7% to $21 in aftermarket trade.<br> U.S.<br><br>airlines have been trying to cash in on strong demand for air travel, undeterred by rising interest rates and a looming recession, as pandemic restrictions ease.<br> "Leisure demand has remained strong," said Spirit's chief executive Ted Christie.<br> However, adverse weather, [https://twitter.com/search?q=worker%20shortages worker shortages] and technical glitches have snarled operations over the past year.<br> Spirit earned $0.12 per share on an adjusted basis, above analyst estimates of $0.04 per share, according to Refinitiv data.<br> The Miramar, Florida-based airline's total operating revenue in the quarter rose nearly 41% to $1.39 billion, compared with analysts' estimates of $1. If you have any sort of inquiries regarding where and [https://evigetir.com/evden-eve-nakliyat-istanbul.html EVdEn evE NaKliyAT] how you can utilize [https://evigetir.com/evdeneve/montaj.html EvDEn eve Nakliyat], [https://promcteam.com//wiki/index.php/The_Latest_Channel_Ten_Executive_To_Get_The_Axe_In_The_TV_Network_s_Savage_Round_Of_Redundancies_Has_Signed_Off_With_A_Very_Honest_Farewell_Letter EvDen eVE NAkliyat] you can contact us at our own web site. 38 billion. (Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri)<br> |
Revision as of 20:57, 27 April 2023
Feb 6 (Reuters) - Ultra low-cost carrier Spirit Airlines Inc posted better-than-expected quarterly results on Monday, fueled by strong demand for air travel despite ongoing economic concerns.
Shares of Spirit rose over 7% to $21 in aftermarket trade.
U.S.
airlines have been trying to cash in on strong demand for air travel, undeterred by rising interest rates and a looming recession, as pandemic restrictions ease.
"Leisure demand has remained strong," said Spirit's chief executive Ted Christie.
However, adverse weather, worker shortages and technical glitches have snarled operations over the past year.
Spirit earned $0.12 per share on an adjusted basis, above analyst estimates of $0.04 per share, according to Refinitiv data.
The Miramar, Florida-based airline's total operating revenue in the quarter rose nearly 41% to $1.39 billion, compared with analysts' estimates of $1. If you have any sort of inquiries regarding where and EVdEn evE NaKliyAT how you can utilize EvDEn eve Nakliyat, EvDen eVE NAkliyat you can contact us at our own web site. 38 billion. (Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri)