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SP PLUS CORPORATION

(SP)
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SP Plus : Bags® Home Serv Delivery Selected to Manage Delayed Baggage Delivery for Hawaiian Airlines

05/04/2021 | 05:31pm EDT

CHICAGO, Illinois - May 4, 2021 - SP Plus Corporation (SP+), (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, today announced its selection by Hawaiian Airlines to manage the delivery of delayed baggage through its Bags® Home Serv Delivery services.

SP+ now manages the delivery of delayed baggage for Hawaiian Airlines' entire system, which includes 22 markets across the United States, under its Bags® Home Serv Delivery service line. Under the Bags® Home Serv Delivery model, SP+ has served the aviation industry-from regional airlines to major national carriers-for more than a decade.

'In rare cases, where luggage is delayed, Bags® Home Serv Delivery is prepared to provide an impeccable level of service that our guests expect when they choose to fly Hawaiian Airlines,' said Jeff Helfrick, Vice President of Airport Operations at Hawaiian Airlines.

SP+ utilizes its comprehensive suite of technology solutions to conduct real-time baggage delivery tracking for passengers, along with streamlined logistical processes under its Sphere Express™ technology brand, designed specifically for the aviation, cruise and hospitality industries.

'We are thrilled to bring our distinctive, user-friendly technologies combined with first-class assistance to Hawaiian Airlines travelers. Our priority is to make travel easier® for passengers,' offered Danette Restanio, Vice President for the Bags® Home Serv Delivery service line.

SP+ has served aviation and commercial real estate clients in Hawaii since 1956, and currently provides parking management, valet and other services to approximately 50 airports, hotels, retail, residential and office facilities throughout Oahu, Maui and Kona.

Disclaimer

SP Plus Corporation published this content on 04 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 May 2021 21:30:07 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 571 M - -
Net income 2021 20,0 M - -
Net Debt 2021 - - -
P/E ratio 2021 37,4x
Yield 2021 -
Capitalization 790 M 790 M -
Capi. / Sales 2021 1,38x
Capi. / Sales 2022 1,16x
Nbr of Employees 10 400
Free-Float 89,8%
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Mean consensus BUY
Number of Analysts 4
Average target price 41,33 $
Last Close Price 34,06 $
Spread / Highest target 32,1%
Spread / Average Target 21,4%
Spread / Lowest Target 14,5%
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Managers and Directors
NameTitle
G. Marc Baumann President, Chief Executive Officer & Director
Kristopher H. Roy Senior VP, Chief Financial & Accounting Officer
Karen M. Garrison Non-Executive Chairman
Douglas R. Waggoner Independent Director
Wyman T. Roberts Independent Director
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