Spirit Airlines (SAVE - Free Report) recently began a daily nonstop service from Indianapolis to Orlando, FL and Las Vegas, NV. Simultaneously, the carrier announced a couple of flights from the region, set to launch this winter.
The carrier will initiate nonstop services from Indianapolis to Tampa, FL and Fort Myers, FL, beginning Nov 14. The service will be operational daily. Additionally, Spirit will introduce nonstop flights between Indianapolis and Myrtle Beach, SC, starting May 2. This seasonal service will operate three times a week.
Earlier this month, the carrier also announced daily year-round operations connecting Raleigh-Durham, NC with Orlando. This service will also start on May 2. Moreover, the airline will commence services from Orlando to Charlotte, NC effective Jun 20.
Additionally, the company has introduced services to Jamaica from Orlando. The carrier kicked off nonstop services to Sangster International Airport in Montego Bay, Jamaica from Orlando International Airport on Feb 28. The flights are available four times a week. Nonstop flights connecting Orlando with Norman Manley International Airport in Kingston, Jamaica commenced on Mar 1. These flights are operating thrice weekly.
Zacks Rank & Key Picks
Spirit carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the same space are Air China Ltd. , China Eastern Airlines Corporation Ltd. and SkyWest, Inc. (SKYW - Free Report) , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Air China and China Eastern Airlines have gained more than 8% and 4%, respectively, in the past six months. Meanwhile, the SkyWest stock boasts an excellent earnings record, having outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average being 16.9%.
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