Advertisement
Singapore markets closed
  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     
  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     
  • Bitcoin USD

    63,634.03
    +45.72 (+0.07%)
     
  • CMC Crypto 200

    1,379.72
    +67.10 (+5.11%)
     
  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     
  • Dow

    37,986.40
    +211.02 (+0.56%)
     
  • Nasdaq

    15,282.01
    -319.49 (-2.05%)
     
  • Gold

    2,406.70
    +8.70 (+0.36%)
     
  • Crude Oil

    83.24
    +0.51 (+0.62%)
     
  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     
  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     
  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     
  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

Spirit Airlines (SAVE) Begins Service From Miami Airport

Considering the improvement in air-travel demand in the United States as more people are getting vaccinated, Spirit Airlines, Inc. SAVE launched its first flights from the Miami International Airport. The first arriving flight landed at Miami from Atlantic City and the first departure was for Port-au-Prince, Haiti. In order to celebrate this launch, the airline will give away 31 pairs (to members of the Free Spirit loyalty program) of roundtrip tickets in honor of each of its non-stop routes from Miami.

In the event of the expansion materializing per plans, Spirit Airlines’ service at the Miami airport will expand to include 31 non-stop options (20 markets domestically and 11 internationally) from the current levels by the time expansions in November and January are complete. President and CEO of Spirit Airlines, Ted Christie, stated “Launching nonstop flights to 31 destinations right out of the gate in Miami is a huge milestone for us, and we want to share all that excitement with our Guests”.

Under the expansion program, daily flights connecting Miami to Atlantic City, Atlanta, Baltimore, Medellín and Newark have taken to the skies from Oct 6. Also, Beginning Nov 17, a new non-stop daily route will connect the Miami International Airport with Barranquilla, Boston, Cali, Chicago O'Hare, Cleveland, Dallas-Fort Worth, Denver, Detroit, Hartford-Bradley, Houston, Las Vegas, Myrtle Beach, Orlando, Philadelphia, Raleigh-Durham and San Juan. Starting on the same day, two services to New York LaGuardia (two times per day) and Tegucigalpa-Palmerola (four times a week) will also commence from Miami.  Services to San Pedro Sula (three times a week) will begin from Nov 18. Flights to San José (four times a week) will begin from Jan 5. Beginning Jan 6, routes to San Salvador and St. Thomas will operate three times per week.

The expansion program is primarily aimed toward meeting the increase in air-travel demand and driving the company’s top line. We note that Spirit Airlines is not the only carrier to have announced route expansions, driven by the travel-demand uptick. Carriers like JetBlue Airways JBLU, Delta Air Lines DAL and Allegiant Travel Company ALGT have recently unveiled similar plans.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report
 
JetBlue Airways Corporation (JBLU) : Free Stock Analysis Report
 
Spirit Airlines, Inc. (SAVE) : Free Stock Analysis Report
 
Allegiant Travel Company (ALGT) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.