The Latest Breaking News from Spirit Airlines, Inc.

JetBlue Airways (JBLU) and Spirit Airlines (SAVE): Are These Airline Stocks a Buy or Sell?

The airline industry is facing macroeconomic headwinds and staff shortages. So, let's analyze the fundamentals of JetBlue Airways (JBLU) and Spirit Airlines (SAVE) to determine whether these stocks are a Buy or Sell.

StockNews.com · Aug 16, 2023

2 Airline Stocks to Buy in 2023 and 2 to Avoid Completely

The airline industry is anticipated to report profits this year, but its near-term prospects appear uncertain. While fundamentally strong airline stocks Deutsche Lufthansa (DLAKY) and Qantas Airways (QABSY) might be solid buys, Spirit Airlines (SAVE) and Virgin Galactic (SPCE) might be best avoided, given their poor fundamentals and growth prospects.…

StockNews.com · Mar 15, 2023

JetBlue-Spirit deal faces DOJ antitrust suit this week

The Justice Department and Department of Transportation are expected to take action as soon as Tuesday to block JetBlue Airways Corp.’s $3.8 billion takeover of Spirit Airlines Inc., according to people familiar with the case.

Tribune News Service · Mar 6, 2023

3 Airline Stocks Still Facing a Ton of Turbulence in 2022

While air travel rebounded from the pandemic setback, the industry is still struggling with staffing shortages. Moreover, high inflation has negatively impacted airline bookings. Therefore, investors should avoid buying fundamentally weak airline stocks JetBlue Airways (JBLU), Frontier Group Holdings (ULCC), and Spirit Airlines (SAVE). Keep reading….

StockNews.com · Oct 14, 2022

3 Airline Stocks Showing a Lack of Upward Direction

The airline industry has been impacted by high fuel prices and declining consumer demand amid the rising odds of a recession. Concerns over elevated inflation, a sluggish economy, and operational challenges have led airline stocks JetBlue Airways (JBLU), Spirit Airlines (SAVE), and Hawaiian Holdings (HA) to decline lately. Investors should…

StockNews.com · Sep 15, 2022

1 Airline Stock to Buy and 1 to Sell Immediately

Although robust global travel demand has been aiding the airline industry’s recovery, broader macroeconomic issues and high fuel costs could dampen its growth. Therefore, while investing in fundamentally sound airline stock Alaska Air Group (ALK) could be wise, struggling Spirit Airlines (SAVE) is best avoided now. Let’s discuss….

StockNews.com · Sep 2, 2022

3 Airline Stocks You’ll Want to Sell if You Haven’t Already

Travel restrictions and routine disruptions since the pandemic have led to several operational challenges in the airline industry. Moreover, labor shortages are also posing a significant headwind. Given this backdrop, we think investors should avoid airline stocks JetBlue Airways (JBLU), Spirit Airlines (SAVE), and Hawaiian Holdings (HA). Continue Reading….

StockNews.com · Sep 2, 2022

Frontier, JetBlue are at a stalemate in merger battle for Spirit

With a fateful vote a day away, Spirit Airlines Inc. is standing alone at the altar despite having two suitors that have spent months trying to acquire the low-cost carrier.

Tribune News Service · Jul 26, 2022

Should You Avoid Spirit After It Delays Deal With Frontier for Third Time?

Spirit Airlines (SAVE) deferred its shareholder vote for the third time since its proposed merger with Frontier Group (ULCC) was announced in early February. The company has also received an all-cash offer from JetBlue Airways (JBLU), and signing either deal would create the fifth largest airline in the U.S. Considering…

StockNews.com · Jul 12, 2022

Spirit Airlines Defers Key Shareholder Vote On Frontier Deal Again

Spirit Airlines Inc (NYSE: SAVE) on Wednesday postponed a key shareholder vote on a proposed deal with Frontier Group Holding Inc (NASDAQ: ULCC) until next week.

Benzinga · Jun 30, 2022