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Spirit Airlines to Boost Caribbean Base Through New Flights

Zacks Equity Research
Updated

Spirit Airlines, Inc. SAVE has announced a new service to St. Croix in order to meet growing demand for air travel in the Caribbean island.

The airline will initiate a nonstop service from Fort Lauderdale-Hollywood International Airport to St. Croix’s Henry E. Rohlsen Airport starting May 24, 2018. Flights will be available thrice a week on Tuesday, Thursday and Sunday.

The carrier has been making continuous efforts to resume operations in the U.S. Virgin Islands, post destructions caused by consecutive hurricanes of 2017. This new service will therefore be an important step into that direction.

Spirit Airlines, Inc. Price

 

Spirit Airlines, Inc. Price | Spirit Airlines, Inc. Quote

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Spirit Airlines has also announced other measures to boost its Caribbean service. For example, Apr 12 onward, this low-cost carrier will begin a summer service to Kingston, Jamaica and a nonstop flight to Cap Haitien, Haiti. Further, the carrier will once again commence its Saturday service to St. Maarten effective May 5. This apart, the airline will offer flights from Detroit to Portland and San Diego, slated to be introduced on Apr 23.

Zacks Rank & Key Picks

Spirit Airlines carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the airline space are Deutsche Lufthansa AG DLAKY, Air France-KLM SA AFLYY and Delta Air Lines, Inc. DAL. While Deutsche Lufthansa sports a Zacks Rank #1 (Strong Buy), Air France-KLM and Delta Air Lines carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

While shares of Deutsche Lufthansa and Air France-KLM have surged more than 100% and 75%, respectively, in a year, the Delta Air Lines stock has rallied more than 11% in the last six months.

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Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report
 
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Deutsche Lufthansa AG (DLAKY) : Free Stock Analysis Report
 
Air France-KLM SA (AFLYY) : Free Stock Analysis Report
 
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