- Spirit Airlines Inc's SAVE operational performance ranked among the industry best in the two-month period following the peak summer schedule.
- Spirit's operational performance from June 5 – August 5: The airline operated more than 44,000 domestic and international flights.
- It delivered a completion factor of 99.2% that ranked No. 3 in the U.S. industry.
- Also Read: Why This Spirit Airlines Analyst Is Turning Bearish
- 77.5% of flights arrived within 14 minutes of scheduled arrival time, which is the standard "A14" industry metric, and ranked No. 4 in the U.S.
- SAVE launched new Albuquerque (ABQ) and Boise (BOI) stations during this period, and Reno (RNO) flights started August 10.
- Price Action: SAVE shares are trading lower by 0.75% at $24.50 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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