Low-cost carrier Spirit Airlines said it lost a bid for slots at Reagan National Airport in Washington that are being given up by American Airlines Group .American Airlines, formed when US Airways merged with AMR Corp in December, had agreed to divest takeoff and landing rights at key U.S. airports under a settlement with the U.S. Justice Department, which had challenged the combination."We put in a bid at a price that we thought we could keep our target margin returns in place and we did not win," Spirit Chief Executive Ben Baldanza said on a conference call to discuss the company's fourth-quarter results.Baldanza did not say who had won the slots, but said there were no more slots available at the airport.
Anglo American plc (Anglo American) is a mining company. Shares of AAL traded higher by 1.2% or $0.4102/share to $34.72. In the past year, the shares have traded as low as $12.70 and as high as $36.15. On average, 13725100 shares of AAL exchange hands on a given day and today's volume is recorded at 3833107.
Spirit Airlines, Inc. (Spirit) is an airline company. Shares of SAVE traded higher by 6.8% or $3.24/share to $50.90. In the past year, the shares have traded as low as $20.01 and as high as $51.95. On average, 718926 shares of SAVE exchange hands on a given day and today's volume is recorded at 726690.
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