Spirit Airlines shares are trading higher after the company entered an agreement with International Aero Engines to provide Spirit with a monthly credit through the end of 2024 as compensation for each Spirit aircraft unavailable for operational service due to GTF engine issues.

Never miss a trade again with the fastest news alerts in the world!

This headline only article is a sample of real-time intelligence Benzinga Pro traders use to win in the markets everyday.

Want the fastest, most accurate stock market intelligence? Want EXCLUSIVE stories originated by Benzinga reporters? Join 10,000+ serious traders in the Benzinga Pro community!