Spirit Airlines, Inc. (SAVE - Free Report) has expanded its Caribbean base with new service to St. Croix. The low-cost carrier recently began operation from Fort Lauderdale-Hollywood International Airport to St. Croix’s Henry E. Rohlsen Airport.
The nonstop service is operational thrice weekly and complements the existing service to St. Thomas. This new route is the carrier’s 13th destination to the Caribbean island and the 65th destination in its network. It is also the only nonstop flight from Fort Lauderdale to the region.
Spirit has been making continuous efforts to resume services in the Caribbean since the devastating hurricanes last year. For instance, the airline recently expanded its summer service from Fort Lauderdale to Kingston, Jamaica. It has also started a nonstop flight from Fort Lauderdale to Cap Haitien, Haiti and resumed services to St. Maarten.
Besides increasing footprint in the Caribbean, the carrier has been strengthening its base at the Fort Lauderdale-Hollywood International Airport. Apart from the above mentioned services, the airline runs several other flights from Fort Lauderdale to popular destinations including Columbus, OH; Richmond, VA and Seattle-Tacoma. Notably, the carrier operates more than 60 daily flights from Fort Lauderdale, covering 54 destinations across the United States, the Caribbean belt and Latin America.
Zacks Rank & Key Picks
Spirit carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Transportation sector are Expeditors International of Washington, Inc. (EXPD - Free Report) , GATX Corporation (GATX - Free Report) and SkyWest, Inc. (SKYW - Free Report) . While Expeditors sports a Zacks Rank #1 (Strong Buy), GATX and SkyWest hold a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Expeditors, GATX and SkyWest have rallied more than 38%, 19% and 57%, respectively, in a year.
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