Spirit Airlines To Boost Caribbean Base Through New Flights
Zacks Investment Research | Feb 20, 2018 10:20PM ET
Spirit Airlines, Inc. (NYSE:SAVE) has announced a new service to St. Croix in order to meet growing demand for air travel in the Caribbean island.
The airline will initiate a nonstop service from Fort Lauderdale-Hollywood International Airport to St. Croix’s Henry E. Rohlsen Airport starting May 24, 2018. Flights will be available thrice a week on Tuesday, Thursday and Sunday.
The carrier has been making continuous efforts to resume operations in the U.S. Virgin Islands, post destructions caused by consecutive hurricanes of 2017. This new service will therefore be an important step into that direction.
Spirit Airlines has also announced other measures to boost its Caribbean service. For example, Apr 12 onward, this low-cost carrier will begin a summer service to Kingston, Jamaica and a nonstop flight to Cap Haitien, Haiti. Further, the carrier will once again commence its Saturday service to St. Maarten effective May 5. This apart, the airline will offer flights from Detroit to Portland and San Diego, slated to be introduced on Apr 23.
Zacks Rank & Key Picks
Spirit Airlines carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the airline space are Deutsche Lufthansa (DE:LHAG) AG (OTC:DLAKY) , Air France-KLM SA (OTC:AFLYY) and Delta Air Lines, Inc. (NYSE:DAL) . While Deutsche Lufthansa sports a Zacks Rank #1 (Strong Buy), Air France-KLM and Delta Air Lines carry a Zacks Rank #2 (Buy). You can see Original post
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