Notice: Undefined index: aff1_banner_url_1 in /home/computerlaunch/public_html/wp-content/plugins/pmthemes-adm/inc/functions.php on line 349

Notice: Undefined index: aff2_banner_url_1 in /home/computerlaunch/public_html/wp-content/plugins/pmthemes-adm/inc/functions.php on line 419

Feb 6 (Reuters) – Ultra low-cost carrier Spirit Airlines Inc posted better-than-expected quarterly results on Monday, eVdEn Eve naKliYAt fueled by strong demand 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 air travel, eVDEN eVe naKliYAT 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, eVden EvE nakLiYaT above analyst estimates of $0.04 per share, 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 article therefore you would like to get more info regarding evDen EVE nAkliYAt generously visit our web page. 38 billion. (Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri)