Shares of Spirit rose over 7% to $21 in aftermarket trade.
airlines have been trying to cash in on strong demand for air travel, undeterred by rising interest rates and a looming recession, 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, 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, evDen Eve nAKliyAt compared with analysts’ estimates of $1.38 billion. If you loved this write-up and evdEn eve NAKliYaT you would like to acquire additional details concerning evDEN eve NAKliYat kindly check out our web site. (Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri)