Spirit Airlines beats estimates on strong travel demand
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.
"Leisure demand has remained strong," said Spirit's chief executive Ted Christie.
However, eVDEN EVE NakliYAT adverse weather, worker shortages and technical glitches have snarled operations over the past year.
Spirit earned $0. If you have any inquiries pertaining to the place and how to use Evden EVE NAKLiYAT, eVDen eVe nAKliYAT you can call us at our own web-page. 12 per share on an adjusted basis, EvDeN Eve naKliYAT 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 $1.38 billion. (Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri)