Spirit Airlines To Expand Flight Services In North Carolina
Zacks Investment Research | Jan 15, 2019 08:04PM ET
In a bid to expand further, Spirit Airlines, Inc. (NYSE:SAVE) stated that it will operate daily year-round flights connecting Raleigh-Durham International Airport (RDU) to Baltimore/Washington. The flights will operate twice a day.
The low-cost carrier has also decided to launch daily non-stop flights, connecting RDU to Boston, Chicago, Detroit, Fort Lauderdale, New Orleans and Orlando. The eight flights are likely to be operational from May 2, 2019. Spirit Airlines currently serves Piedmont Triad and Asheville in North Carolina.
The flights, once operational, will boost connectivity in Research Triangle community as well as provide opportunity for customers to explore popular tourist destinations in Caribbean as well as Latin America. In fact, the carrier operates more than 600 daily flights across 72 destinations in the United States, Latin America and the Caribbean.
Moreover, to strengthen the Caribbean and domestic foothold, the carrier has decided to operate seasonal daily flights between Atlanta and Denver. The flights are likely to be effective from May 2, 2019 till Sep 4, 2019. In yet another move, the company has decided to launch daily nonstop flights, likely to be operational from May 23, 2019, connecting Philadelphia to San Juan at Puerto Rico.
We note that Spirit Airlines is constantly making efforts to expand services. To this end, the carrier recently initiated daily nonstop flights connecting Fort Lauderdale-Hollywood International Airport (FLL) to Alfonso Bonilla Aragón International Airport (CLO) at Cali in Columbia. Further, the carrier announced decision to commence daily non-stop flights connecting Jacksonville International Airport (JAX) to Chicago O’Hare International Airport (ORD) and Detroit Metro Airport (DTW). Additionally, Spirit Airlines has unveiled plans to add Indianapolis, Indiana, Texas and Austin to its network as well as introduce new routes to and from Myrtle Beach, SC.
Price Performance
Shares of the company have performed impressively in a year’s time. The stock has rallied 30.5%, against the Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.