SAVE - Spirit Airlines Stock Is Taking Off Monday: Here's Why | Benzinga
Spirit Airlines Inc (NYSE:SAVE) shares are flying Monday after the company entered into an agreement with International Aero Engines to provide Spirit with a monthly credit through the end of 2024.
What Happened: Last year, Pratt & Whitney announced that it had determined that a rare condition in the powdered metal used to manufacture certain engine parts would require accelerated inspection of the geared turbo fan (GTF) fleet.
Pratt & Whitney notified Spirit that nearly all GTF engines in its fleet would ...