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Feb 6 (Reuters) — Ultra low-cost carrier Spirit Airlines Inc posted better-than-expected quarterly results on Monday, fueled by strong demand EvdEn EVe NakliyAT 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 for EVdeN eve NAkLiYAT air travel, undeterred by rising interest rates and a looming recession, EvdEN EVe NaKliyaT as pandemic restrictions ease.
«Leisure demand has remained strong,» said Spirit’s chief executive Ted Christie.
However, adverse weather, 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 $0.04 per share, eVDEn eVE NakliYaT according to Refinitiv data.
The Miramar, eVdEn Eve NaKliYAT Florida-based airline’s total operating revenue in the quarter rose nearly 41% to $1.39 billion, compared with analysts’ estimates of $1. If you liked this short article and you would certainly such as to get even more information regarding eVDEn EvE nakliyAt kindly go to our webpage. 38 billion. (Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri)