Your email has been successfully added to our mailing list.

×
0 -0.000404835535563733 0.000843407365757693 0.00168681473151539 0.00309530503233069 0.00590385156030365 0.00646612313747551 0.00955861681192025
Stock impact report

What Mexico’s FAA Category Two Designation Means For Air Travel [Forbes]

Spirit Airlines, Inc. (SAVE) 
Last spirit airlines, inc. earnings: 2/5 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.spirit.com
Company Research Source: Forbes
Mexico is an important leisure and business destination for U.S. travelers. Their recent downgrade... [+]to "Category 2" by the FAA temporarily stops growth of Mexican airlines into the U.S. and restricts U.S airlines code-sharing with Mexican airlines.gettyThe Federal Aviation Administration (FAA)has designated Mexico as a “category 2”This change creates risk for some U.S. airlines but also creates opportunities. While Mexican airlines are now not able to add or grow service into the U.S., Mexico has put no such limits on U.S. airlines. This is a complicated set of issues as it also may keep fares higher to Mexico, especially since Mexico’s largest airline, Volaris, keeps fares low and their growth into the U.S. is curtailed during this designation. There are not clear winners and losers and most will want Mexico to fix its issues quickly and return to good standing, meaning placed back into category 1.What Are FAA Categories?The FAA has a process called theInternational Aviation Saf Show less Read more
Impact Snapshot
Event Time:
SAVE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
SAVE alerts

from News Quantified
Opt-in for
SAVE alerts

from News Quantified