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FML666
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"Spirit Airlines Inc. has been waiting for years to add more international flights at Fort Lauderdale-Hollywood International Airport (FLL), CEO Bob Fornaro said on a recent earnings call. Now, the Miramar-based discount airline will get its chance.
"You'll see that coming in the later part of the year," Fornaro said after the company (Nasdaq: SAVE) released its third quarter earnings Oct. 26.
Spirit hasn't made any announcements on what those international destinations may be. But Fornaro said the company is scoping out opportunities in large and midsize cities with a healthy share of tourists.
Part of the reason is that the company's operating costs are much less than those of large carriers, so it can undercut fares for price-conscious vacationers.
"We're competing against giants," Fornaro said. "Large carriers can't price the markets for the typical leisure customer; that's why the opportunity is in large markets, rather than small markets."
With more international flights out of FLL, Spirit would be adding pathways in its largest market, where it already has 28 percent of its total capacity and most of its existing international flight capacity. The carrier has no flights out of Miami International Airport, Florida's top airport for international flights."
That is all that was said...