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Spirit Airlines (NASDAQ:SAVE) jets to a 3.1% gain premarket after reporting Q1 results. The...

May 01, 2012 9:16 AM ETSpirit Airlines, Inc. (SAVE) StockSAVEBy: Clark Schultz, SA News Editor

Spirit Airlines (NASDAQ:SAVE) jets to a 3.1% gain premarket after reporting Q1 results. The company improved on a number of key traffic metrics, while managing higher operating expenses effectively in the face of expansion and higher fuel prices. Shares now stand at a 52-week high.

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