Spirit Airlines: A Terrible Addition To A Portfolio [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
Spirit Airlines' operating metrics, including low per-unit profits ex-fuel and a highly leveraged balance sheet, are concerning. Despite increasing capacity and revenues, Spirit Airlines' efficiency has suffered. The airline is not expected to produce positive earnings for at least another three years. I won't claim to be a great stock picker necessarily, but sometimes the numbers tell a clear enough story to make the buy or sell (or "stay away") decision a bit easier. This was the case with Spirit Airlines ( NYSE: SAVE ) back in September 2018, when I called it "the least likely [airline stock] to make its way into my portfolio." Since then, SAVE has been down an astounding 89%, with Delta Air Lines ( DAL ), in my view " the best major US airline " back then, outperforming its low-cost peer by 75 percentage points. Today, I look at Spirit Airlines once again, hoping that the fundamentals of the company have improved enough in a post-pandemic environment to justify the much m
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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