Spirit Airlines to Introduce Premium Seating Options

Spirit Airlines announced a strategic shift to include premium seating options, enhancing its traditional business model. This move, effective from August 27, 2023, caused a 7% rise in the company's shares. The new offerings, available for booking from August 16, include four travel options with priority check-in features.

Spirit Airlines revealed on Tuesday that it will introduce premium seating options, marking a significant shift from its traditional low-cost business model and causing a 7% increase in the carrier's shares.

The new travel options will be available for booking starting August 16 and officially launched by August 27 this year.

Among the four new travel options, Spirit Airlines highlighted plans for priority check-in, aiming to elevate the flying experience for its passengers.

(With inputs from agencies.)