Spirit Airlines Inc. (SAVE-N)
NYSE:SAVE
0.47
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14 Airline Stocks Flying High in 2019This summary was created by AI, based on 1 opinions in the last 12 months.
Spirit Airlines Inc. has faced significant criticism from various experts, primarily regarding its financial performance. Many reviews point out that the airline consistently loses money each time it operates flights, leading to concerns about its long-term viability in the highly competitive airline industry. Experts express a wish for Spirit Airlines to exit the market, suggesting that such a move could alleviate capacity issues and potentially boost overall demand for other airlines. This sentiment underscores a growing doubt about Spirit's ability to sustain its business model and compete effectively against more established carriers. Overall, the future for Spirit Airlines appears precarious, with experts advocating for a reduction in industry capacity to favor stronger competitors.
spirit airlines (nasdaq: save) is the ultra-low cost airline of the americas and home of the bare fare. spirit’s fares are unbundled; they simply reflect the cost of taking customers to their destination without any extras. every customer gets frill control: the ability to choose what perks and options they’d like to add to the bare fare, independent of the choices of other passengers. structuring fares this way allows every passenger a chance to fly for less than any other airline. spirit’s fit fleet is one of the youngest flying and is one of the most fuel-efficient in the industry. this innovative approach grows the traveling market and stimulates new economic activity while creating new jobs. spirit currently operates more than 250 daily flights to over 50 destinations within the u.s., latin america, caribbean and canada. for more information, head to spirit.com. media note: spirit aircraft photos and video b-roll are available in the pressroom section of spirit.com at spirit.com Social media mentions are up 500% in the past 24h.
It's a competitive space and needs more consolidating, but the government won't let it. Look elsewhere like Delta.
(A Top Pick March 23/15. Down 37.65%.) Had thought this would do better. It had the benefit of very low oil prices at that time, and was an ultra low cost carrier, which was attractive, and it was winning share. Started to have problems operationally. It is going to take time to repair some of the reputational damage. As oil prices came up, he exited his position.
Airlines are slaves to fuel prices. We hear all the negatives to low oil prices, however dropping oil prices is a net positive to many industries like this one. It is a decent place to look but it is a trade because it is tied to the commodity.
A deep discounter in the US. The stock had done phenomenally well. Was probably the best advertising company that he had ever seen. The stock came off with all the rest of the airlines. Recently the CEO had been let go. Wouldn’t recommend it here, but they were good operators.
A solid, new category called ‘ultra low cost carrier’. It is not a very comfortable experience to fly them and you pay extra for everything. It has gotten very beaten up this year, but he prefers WJA-T.
There are a few technical issues you need to watch out for in trading. Many people are down 50%. There is a behavioural pattern where people say that if it just rallies back to the next resistance point, they are going to get out. However, it never quite gets there because everybody is doing the very same thing. You are fighting a tide, and it is a big tide. Just recognize that this is one that didn’t work out for you, and drive on.
Airlines are trading at very low multiples compared to other transportation. It is dirt cheap. An ultra low cost carrier. Flies to major domestic cities. Best margin in the business. It is not a business travelers` airline. They do 13% more flights per day with their planes than other carriers.
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Spirit Airlines Inc.(SAVE-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 1
Spirit Airlines Inc.(SAVE-N) Frequently Asked Questions
What is Spirit Airlines Inc. stock symbol?
Spirit Airlines Inc. is a American stock, trading under the symbol SAVE-N on the New York Stock Exchange (SAVE). It is usually referred to as NYSE:SAVE or SAVE-N
Is Spirit Airlines Inc. a buy or a sell?
In the last year, 1 stock analyst published opinions about SAVE-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Spirit Airlines Inc..
Is Spirit Airlines Inc. a good investment or a top pick?
Spirit Airlines Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Spirit Airlines Inc..
Why is Spirit Airlines Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Spirit Airlines Inc. worth watching?
1 stock analyst on Stockchase covered Spirit Airlines Inc. In the last year. It is a trending stock that is worth watching.
What is Spirit Airlines Inc. stock price?
On 2025-03-12, Spirit Airlines Inc. (SAVE-N) stock closed at a price of $0.465.
Each time they fly, they lose money. He hopes they come out of the market to reduce capacity and increase overall airline demand for the other airlines.