Spirit Airlines: Beyond Merger, Turnaround Potential Exists [Seeking Alpha]
Spirit Airlines, Inc. (SAVE)
Last spirit airlines, inc. earnings: 2/5 04:14 pm
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US:NASDAQ Investor Relations:
ir.spirit.com
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Source: Seeking Alpha
Despite this, there is potential for investment in Spirit Airlines due to the increasingly favorable market conditions. Airfare prices are increasing while the management team is focused on efficiency and profitability over growth. Introduction Throughout 2023, I have been bullish on Spirit Airlines ( NYSE: SAVE ). The primary reason behind this thesis was that I thought it was likely that the merger with JetBlue Airways ( JBLU ) was going to be approved by the court. The argument these companies were making relative to the Department of Justice, DOJ, seemed stronger to me. However, this was not the case. The merger was not approved by the court and Spirit Airline's stock, as a result, saw a significant decline. Following the failed merger, it is true that Spirit Airlines faced numerous problems. The company is navigating a difficult environment of negative cash flow, which has been persistent for several quarters. The consensus is that Spirit Airlines is yet to see positive
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News
- What's in Store for Spirit Airlines (SAVE) in Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- Notable earnings before Monday's open [Seeking Alpha]Seeking Alpha
- Spirit Airlines adds two more nonstop destinations from KCI [Yahoo! Finance]Yahoo! Finance
- Spirit Airlines Recognized for Safety and Affordability by WalletHub [Yahoo! Finance]Yahoo! Finance
- Spirit Airlines Recognized for Safety and Affordability by WalletHubPR Newswire
SAVE
Earnings
- 2/8/24 - Beat
SAVE
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- SAVE's page on the SEC website