Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

The federal government may bail out Spirit Airlines [Yahoo! Finance]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Yahoo! Finance
The Florida-based discount airline carrier is currently in its second bankruptcy restructuring in two years. “It's obviously one of the cheapest airlines and it's accessible to many travelers,” said Hector Bashum, a frequent Spirit passenger. The taxpayer-funded bailout would cost about $500 million. Clint Henderson, a travel expert with The Points Guy, said that raises more questions than answers. “How long are we going to be in the low cost carrier business?” asked Henderson. “Is this a good idea? Are we just putting a band-aid on an open wound?” Spirit's demise would be a huge financial hit to Central Florida. In addition to employing hundreds of local workers, the airline serviced about 8 million passengers in 2024, down from about 10 million a year earlier. Without Spirit in Orlando, other airlines could seize the opportunity to hike prices. “We saw when Spirit pulled out of Minneapolis that Delta raised fares immediately,” said Henderson. “The same thing would happe Show less Read more
Impact Snapshot
Event Time:
DAL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for DAL alerts
Opt-in for
DAL alerts

from News Quantified
Opt-in for
DAL alerts

from News Quantified