Spirit Brings Wi-Fi to America’s Discount-Flying Masses [Bloomberg Business News]
American Airlines Group, Inc. (AAL)
Last american airlines group, inc. earnings: 4/30 07:30 am
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Source: Bloomberg Business News
Step aboard an ultra-low-cost airline such has Ryanair or Frontier and the amenities can be jarringly Spartan. To keep costs low, free snacks don’t exist and in-flight entertainment is the seatback safety card. How do you distract passengers from this painful minimalism? Well Wi-Fi, of course, a lesson learned by a small but growing group of no-frills carriers. For Spirit Airlines Inc., it’s part of a bigger strategy to fight off big airlines looking to compete with their low-cost brethren. Spirit is the latest to embrace in-flight Wi-Fi access, for both its revenue-generating and passenger-placating attributes. Starting later this year, the carrier will offer satellite-based broadband internet with Thales Group. The average price per flight is expected to be under $7, and passengers must use their own electronic devices to access the service, which will offer an internet portal but no free streaming entertainment. Get a Netflix or Hulu account if you want to watch somethin
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Earnings
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Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/11/24 - Form PRE
- AAL's page on the SEC website