Spirit Airlines up after announcing premium seating
30/07/2024 15:54
** Shares of Spirit Airlines SAVE.N rise 7.4% to $3
** Co says it will offer premium seating options from August
** Marks a shift in the budget carrier's traditional
business model
** SAVE said there will be four new travel options,
including plans for priority check-in
** Four of 13 brokerages rate the stock "hold" and nine
"sell" or lower; their median PT is $2.75
** Shares down ~80% YTD
(Reporting by Aishwarya Jain in Bengaluru)
((Aishwarya.Jain@thomsonreuters.com;))