News
SAVE
3.505
-0.99%
-0.035
SPIRIT AIRLINES SAYS CEO EDWARD M. CHRISTIE III 2023 TOTAL COMPENSATION WAS $6.6 MLN VS $3.4 MLN IN 2022
Reuters · 1d ago
DOT forcing airlines to give full refunds for canceled and delayed flights
Consumer DOT forcing airlines to give full refunds for canceled and delayed flights. New Department of Transportation rule will require passengers to receive a full refund for canceled, delayed, or changed flights. All refunds must be issued within seven business days. New rules also require airlines to clearly disclose ‘junk fees’
Seeking Alpha · 2d ago
Spirit Airlines Implements Latest Version Of TA Ramp
Benzinga · 3d ago
SPIRIT AIRLINES OPTIMIZES BAGGAGE OPERATIONS AND REDUCES COSTS WITH TA RAMP
Reuters · 3d ago
JetBlue Airways Shares Witness Over 10% Drop On Disappointing Annual Outlook
JetBlue Airways Corporation reported a first-quarter adjusted EPS loss of 43 cents. The air carrier reported sales of $2.21 billion, down 5% Y/Y. The company also announced a gloomy outlook for the second quarter of 2024. JetBlue announced the termination of a deal to acquire Spirit Airlines Inc.
Benzinga · 3d ago
SOUTHWEST AIRLINES DOWN 1.6%, ALASKA AIR GROUP DOWN 0.3%, SPIRIT AIRLINES DOWN 2.1%
Reuters · 3d ago
JetBlue lowers revenue forecast as Latin American oversupply continues to weigh
JetBlue lowers revenue forecast as Latin American oversupply continues to weigh. The carrier also lowered its FY24 revenue forecast. JetBlue reported a loss of $0.43 per share in Q1. The company eliminated flights to certain South American cities to focus on transcontinental routes.
Seeking Alpha · 3d ago
RTX Reaches More GTF Deals -- Market Talk
RTX says it's reached compensation deals with nine customers over the problems with its GTF engines that grounded hundreds of Airbus aircraft. Spirit is one of the few to disclose a deal. The company says the issue could cost as much as $7B to rectify.
Dow Jones · 3d ago
JetBlue Stock Tumbles After Earnings Report. Here's Why.
JetBlue Airways posted a narrower-than-expected loss in the first quarter. The low-cost carrier reported an adjusted loss of 43 cents per share on revenue of $2.21 billion. For the second quarter, the company expects revenue to fall between 6.5% and 10.5%. The airline has embarked on a turnaround plan to return to profitability.
Barron‘s · 3d ago
The Way Airlines Charge for Bags Is Becoming More Complex and Expensive -- Update
Baggage fees are changing and rising across the industry. Some airlines are charging for checked bags. Airline analysts say more airlines are likely to charge for bags. Pay for your bags as early as possible and read the fine print to avoid paying too much. Airlines are less likely to lose or mishandle your bag than they used to.
The Wall Street Journal · 4d ago
You Can't Just Book Your Flight and Ignore the Bag Fees Anymore
Baggage fees are changing and rising across the industry. Some airlines are charging for checked bags. Airline analysts say more airlines are likely to charge for bags. Pay for your bags as early as possible and read the fine print to avoid paying too much. Airlines are less likely to lose or mishandle your bag than they used to.
The Wall Street Journal · 4d ago
Weekly Report: what happened at SAVE last week (0415-0419)?
Weekly Report · 4d ago
Spirit Airlines Announces Board Member Departure and Downsizing
TipRanks · 04/19 21:23
SPIRIT AIRLINES - BOARD RESOLVED TO REDUCE THE SIZE OF THE BOARD FROM EIGHT (8) TO SEVEN (7) MEMBERS EFFECTIVE AS OF THE DATE OF THE ANNUAL MEETING.
Reuters · 04/19 21:06
Spirit Airlines: The Spirit Is Gone, Time To Sell
Spirit Airlines has struggled to reduce unit costs despite growing capacity, leading to margin contraction. The company has adjusted its first quarter earnings guidance due to the recognition of credits related to the GTF issues. Spirit Airlines has deferred aircraft deliveries and laid off pilots in an attempt to improve profitability. The stock is unattractive due to uncertainties and lack of significant upside.
Seeking Alpha · 04/19 18:52
Airline Stock Roundup: UAL & ALK Report Q1 Loss, SAVE Tweaks View
NASDAQ · 04/19 13:23
JetBlue Airways gains after J.P. Morgan upgrades on turnaround potential
Seeking Alpha · 04/18 19:22
Hawaiian Holdings drops amid cautious report on DOJ review of Alaska Air deal
Seeking Alpha · 04/18 16:52
SPIRIT AIRLINES UNVEILS NEW SPIRIT CENTRAL CAMPUS IN DANIA BEACH, FLORIDA
Reuters · 04/18 14:38
Spirit Airlines Unveils New Spirit Central Campus in Dania Beach, Florida
Spirit Airlines celebrated the official opening of Spirit Central, its new corporate campus in Dania Beach, Florida. The campus spans more than 11 acres and features four buildings. Spirit Central includes a support center with offices, a crew training facility, and a corporate housing facility. The new campus interior includes design features that pay tribute to Spirit.
PR Newswire · 04/18 14:38
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About SAVE
Spirit Airlines, Inc. offers affordable travel to value-conscious guests (Guests). The Company’s all-Airbus fleet is one of the most fuel efficient in the United States. It serves approximately 93 destinations in 15 countries throughout the United States, Latin America and the Caribbean. Its ultra low-cost carrier (ULCC) business model allows it to compete principally by offering Guests unbundled base fares that remove components traditionally included in the price of an airline ticket. It provides customizable travel options starting with an unbundled fare. This allows its Guests to pay only for the options they choose like bags, seat assignments, refreshments and Wi-Fi - something the Company call A La Smarte. The Company operate the Spirit Saver$ Club, which is a subscription-based loyalty program that allows members access to unpublished, extra-low fares as well as discounted prices on bags and seats, shortcut boarding and security. It also operates the Free Spirit loyalty program.