From RTT News:

Spirit Airlines, Inc. (SAVE) announced that its fourth quarter total revenue is expected to reach $1.32 billion, at the high end of its initial guidance, thanks to strong bookings over Christmas and New Years. Adjusted operating margin guidance is also revised to negative 12 to 13 percent. The company’s liquidity as of December 31, 2023, stands at $1.3 billion. Capacity growth for the first quarter is estimated at 1 to 2 percent year over year. Spirit believes a combination with JetBlue will increase competition and choice. Pre-market trade shows Spirit Airlines shares up 33%. The company will conduct a conference call on February 8, 2024, to discuss its fourth quarter results and forward outlook.



Read more: Spirit Airlines Preliminary Q4 Revenue At High End Of Initial Guidance; Stock Surges