Wednesday, June 23, 2010

Spirit airlines is back in the air after brief strike



Spirit airline passengers stranded in Ft. Lauderdale, FL.


Planning to fly to Latin America or the Carribean this summer? How about taking advantage of a mini-strike? After a brief six-day strike by Spirit Airline pilots, the airline is offerring a $50 discount coupon for a future flight through November 17th as well as 5,000 bonus miles in its Free Spirit program at websites www.spiritair.com/50off and www.sprirtair.com/5kmiles. Spirit airlines has resumed airline service as of June 18, 2010.

Pilots have been seeking a contract improvement for the past four years because they believe their pay should be similar to other discount airlines like JetBlue Airways Corp. and AirTran Airways, a unit of AirTran Holdings Inc. The company has said those other airlines are much bigger than Spirit. Privately held Spirit is based in Miramar, Fla., and ended 2009 with $139.5 million in cash and short-term investments, according to filings with the government.

The two airlines likely to benefit most from the Spirit strike are AMR Corp.'s American, followed by JetBlue, airline analyst Daniel McKenzie of Hudson Securities wrote in a note on Monday.

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