Sunday, January 26, 2014

This Airline Outperformed the Industry During November


After reading the November traffic results from the major legacy airlines, one would've assumed that the month was a throwaway for all airlines. The timing of the Thanksgiving holiday pushed passenger return traffic into December. All of the major airlines reported declining load factors, with Delta Air Lines (NYSE: DAL  ) and US Airways, now part of American Airlines Group (NASDAQ: AAL  ) , blaming the late Thanksgiving and proclaiming that December will be strong.

But, along came Spirit Airlines (NASDAQ: SAVE  ) with some surprisingly positive numbers. The company did note a small decline in load factor, but the other traffic totals suggest that November was a normal month to the airline.

Read the full article here.


Disclosure: Long AAL. Please review the disclaimer page for more details. 



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