News
SAVE
4.040
+0.25%
0.010
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 · 3h ago
Airline Stock Roundup: UAL & ALK Report Q1 Loss, SAVE Tweaks View
NASDAQ · 8h ago
JetBlue Airways gains after J.P. Morgan upgrades on turnaround potential
Consumer JetBlue Airways gains after J.P. Morgan upgrades on turnaround potential. Analyst says company may issue Q2 guidance ahead of expectations next week. Shares of JetBlue (JBLU) rose 3.81% in afternoon trading to $7.09. The firm pushed its rating to Neutral from Underweight.
Seeking Alpha · 1d ago
Hawaiian Holdings drops amid cautious report on DOJ review of Alaska Air deal
Hawaiian Holdings drops amid cautious report on DOJ review of Alaska Air deal. Report compares the transaction to JetBlue's purchase of Spirit Airlines, which was blocked by the antitrust regulator. Hawaiian Holdings fell as much as 5.6% and is now down 3% amid a report about its planned sale to Alaska Air.
Seeking Alpha · 1d ago
SPIRIT AIRLINES UNVEILS NEW SPIRIT CENTRAL CAMPUS IN DANIA BEACH, FLORIDA
Reuters · 1d ago
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 · 1d ago
Is Spirit Airlines Stock a Buy?
Spirit Airlines' shares are down 75% this year. The troubled airline has reported a loss in each of the past four years. The company is saddled with a huge amount of debt. Spirit Airlines is a classic value trap and should be avoided at all costs. The stock trades at a 95% discount to its December 2014 all-time high.
The Motley Fool · 1d ago
Spirit Airlines Price Target Cut to $3.85/Share From $4.00 by Citigroup
Dow Jones · 2d ago
Spirit Airlines Is Maintained at Sell by Citigroup
Dow Jones · 2d ago
Citigroup Maintains Sell on Spirit Airlines, Lowers Price Target to $3.85
Benzinga · 2d ago
What's Going On With Airline Stocks Wednesday?
United Airlines reported first-quarter revenue of $12.539 billion. The company reported better-than-expected financial results. American Airlines Group and Southwest Airlines are set to report their quarterly results on April 25. United Airlines reiterated expectations for full-year 2024 earnings of $9 to $11.
Benzinga · 2d ago
American Airlines Earnings Preview: Decent Q1, But Risky Stock
Seeking Alpha · 2d ago
Sell Rating on Spirit Airlines Amid Financial Uncertainty and Recovery Concerns
TipRanks · 2d ago
United, Other Airline Shares Rise After Latest Signal of Strong Travel Demand
United Airlines revenue rose 9.7% to $12.54 billion, topping analysts' expectations. United stock was up 5.8% in late trading. Delta Air Lines and American Airlines Group were also up late Tuesday. The company reported strong demand for flights in the first quarter.
Dow Jones · 3d ago
Unveiling 6 Analyst Insights On Spirit Airlines
Spirit Airlines has a 12-month price target of $3.92. The company's revenue growth rate is lower than the average for its industry. Spirit Airlines serves the United States, Latin America, and Caribbean as an airline operator. Six analysts' ratings for Spirit Airlines vary from bullish to bearish over the last quarter.
Benzinga · 3d ago
Spirit Airlines (SAVE) Makes Adjustments to Q1 Expectations
NASDAQ · 3d ago
Spirit Airlines Price Target Cut to $4.00/Share From $5.00 by TD Cowen
Dow Jones · 3d ago
Spirit Airlines Is Maintained at Hold by TD Cowen
Dow Jones · 3d ago
TD Cowen Maintains Hold on Spirit Airlines, Lowers Price Target to $4
Benzinga · 3d ago
UPDATE 2-US consumers sue to stop Alaska Air, Hawaiian Airlines merger
US consumers sue to stop Alaska Air, Hawaiian Airlines merger. Alaska Air's proposed $1.9 billion acquisition of rival Hawaiian Airlines is under antitrust review. The lawsuit was filed by eight airline passengers from Hawaii, California and other states. The passengers say the deal will unlawfully harm air travel competition.
Reuters · 3d ago
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About SAVE
Spirit Airlines, Inc. offers affordable travel to value-conscious guests (Guests). The Company’s all-Airbus fleet is one of the most fuel efficient in the United States. It serves approximately 93 destinations in 15 countries throughout the United States, Latin America and the Caribbean. Its ultra low-cost carrier (ULCC) business model allows it to compete principally by offering Guests unbundled base fares that remove components traditionally included in the price of an airline ticket. It provides customizable travel options starting with an unbundled fare. This allows its Guests to pay only for the options they choose like bags, seat assignments, refreshments and Wi-Fi - something the Company call A La Smarte. The Company operate the Spirit Saver$ 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.