— Spirit Airlines (NYSE: SAVE) reported fourth-quarter 2019 earnings of $1.24 per share versus $1.20 per share expected.
— Revenues rose 12.4% to $969.8 million versus $965.56 million expected. This was driven by an 18.6% growth in flight volume.
— Total operating revenue per available seat mile (TRASM) edged down 3.6% year-over-year, due to lower operating yields as load factor was up slightly.
— Cost per available seat mile, excluding one-time items, jumped by 3.3%. This was due to heavy maintenance amortization, maintenance, material and repairs, and other operating expenses.
— Spirit took delivery of nine new aircraft (seven A320neo and two A320ceo) during the fourth quarter, ending the year with 145 aircraft in its fleet.
American International Group (NYSE: AIG) Monday said its after-tax adjusted profit dropped sharply in the second quarter of 2020 but exceeded the consensus forecast. Adjusted after-tax income attributable to shareholders
A day after announcing a partnership with Rolls-Royce for the design and development of engine propulsion technology for its supersonic aircraft, Richard Branson-led Virgin Galactic (NYSE: SPCE) announced second-quarter results
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported first quarter 2021 earnings results today. Revenues increased 54% to $831.3 million. GAAP net income increased 91% to $88.5 million, or $0.77 per share. Net bookings