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- Spirit Airlines Inc (NYSE:SAVE) plans to expand its presence in Houston by establishing an aircraft maintenance facility at George Bush Intercontinental Airport (IAH).
- The facility will serve as a large aircraft maintenance hangar with offices and warehousing for the Spirit Technical Operations team.
- The maintenance complex includes two aircraft bays and ramp space for up to four aircraft, a warehouse, shops, and office space. It adds an important geographical location to complement Spirit's maintenance hub in Detroit.
- Spirit plans to staff the facility with more than 50 Houston-based team members.
- Price Action: SAVE shares are trading lower by 0.23% at $25.52 on the last check Wednesday.