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Stock Market & Financial Investment News

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October 11, 2012
16:18 EDTSAVESpirit Airlines reports preliminary September traffic
Spirit Airlines reported its preliminary traffic results for September. Revenue passenger miles in September increased 29.7% versus September 2011 on an available seat miles increase of 30.2%. Load factor for September was 82.2%, a decrease of 0.3 points as compared to September 2011. Spirit's preliminary completion factor for September was 99.6%.
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June 18, 2013
08:35 EDTSAVESpirit Airlines expands aftermarket agreement with IAE
Spirit Airlines (SAVE) and IAE International Aero Engines AG have amended their existing V-Services Fleet Hour Agreement to include coverage for 86 incremental V2500 engines. Spirit's entire current and future fleet of A320 family aircraft powered by V2500 engines will be covered by an IAE V-Services aftermarket agreement. The deal is valued at approximately $700M. IAE is a multinational aero engine consortium whose shareholders are comprised of Pratt & Whitney (UTX), Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.
June 11, 2013
07:35 EDTSAVECowen to host a conference
Global Transportation Conference is being held in New York on June 11.

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