Spirit Airlines beats estimates on strong travel demand
작성일 23-06-24 17:38
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Feb 6 (Reuters) - Ultra low-cost carrier Spirit Airlines Inc posted better-than-expected quarterly results on Monday, vE 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 e N 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, e N 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. If you loved this write-up and nA you would like to receive even more facts concerning e N kindly browse through the site. 04 per share, according to Refinitiv data.
The Miramar, aK Florida-based airline's total operating revenue in the quarter rose nearly 41% to $1.39 billion, compared with analysts' estimates of $1.38 billion. (Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri)
Shares of Spirit rose over 7% to $21 in aftermarket trade.
U.S.
airlines have been trying to cash in on strong demand e N 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, e N 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. If you loved this write-up and nA you would like to receive even more facts concerning e N kindly browse through the site. 04 per share, according to Refinitiv data.
The Miramar, aK Florida-based airline's total operating revenue in the quarter rose nearly 41% to $1.39 billion, compared with analysts' estimates of $1.38 billion. (Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri)
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