Spirit Airlines

Spirit Airlines, Inc. is an airline that offers travel to customers. Its operations are concentrated in markets such as South Florida, the Caribbean, Latin America and the Northeast and Northern Midwest regions of the United States. The firm offers travel insurance, carry-on and checked baggage, online booking, and other services. The company was founded by Ned Homfeld in 1964 and is headquartered in Miramar, FL.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Spirit Airlines reports strong Q4 revenue, eyes growth amid challenges

Spirit Airlines navigated challenges in Q4 2022 while maintaining strong revenue performance and anticipating growth in Q1 2023.
The company faces operational hurdles with engine issues and delivery delays but is focused on financial improvement and operational enhancements.
Despite facing off-peak demand weakness and cost challenges, Spirit Airlines is optimistic about revenue growth and operational optimization opportunities.
Capacity adjustments and strategic initiatives position Spirit Airlines for improved performance and efficiency in the coming quarters.

Spirit Airlines posts robust Q1 results amidst operational challenges

Spirit Airlines delivered strong Q1 results despite challenges, focusing on operational improvements, cost efficiency, and network optimization. The company is addressing current constraints to achieve normalized profitability and aims for double-digit margins in the future.

Spirit Airlines faces operational challenges but stabilizes pilot attrition

Spirit Airlines' Q2 performance was impacted by operational challenges and lower fare levels, with the GTF engine issues affecting revenue and future operations. Despite these challenges, the company is focused on stabilizing operations, retaining pilots, and driving future growth through productivity and resolving key issues.

Spirit Airlines reports Q4 revenue decline, eyes profitability in 2024

Spirit Airlines navigates challenges from regulatory issues and cost pressures while focusing on revenue management and cost optimization to achieve positive margins in 2024.
Despite a decrease in total revenue, the airline sees improvements in unit revenue and aims to capitalize on opportunities like network reconfiguration and fuel efficiency enhancements.
Stable liquidity, ongoing recovery efforts, and a strategic outlook for 2024 position Spirit Airlines to weather challenges and drive profitability through operational improvements.
Analyst questions highlighted concerns about breakeven targets, labor cost rightsizing, and GTF engine compensation timing, indicating a focus on addressing key operational and financial issues.

Spirit Airlines addresses challenges, targets profitability with strategic initiatives

Spirit Airlines navigated revenue challenges and operational hurdles in Q1 2024, focusing on strategic network changes and cost reduction initiatives. The company aims to achieve operating profitability in the upcoming quarters, emphasizing adaptability to market trends and customer preferences.

U.S. Energy Initiatives Corp. is a diverse energy firm, which develops hybrid fuel systems and technologies. It engages in the production of biofuel, as well as develops products and services for the medical marijuana and hemp sectors. The company was founded in 1996 and headquartered in Woodland Hills, CA.

American Airlines

Alaska Air Group

Delta Air Lines

Hawaiian Hlds

JetBlue Airways

Southwest Airlines

United Continental Hlds

The US airline industry hit a dubious milestone this week: For the first time since the pandemic began, air travel is up from a year ago.

Air travel is finally higher than a year ago — but it's still far below normal

Carnival

Norwegian Cruise Line

Travel stocks are in focus as the U.S. begins to reopen. How will airline and cruise stocks do once the vaccines take hold?

7 Airline and Cruise Stocks to Watch as Travel Picks Up

The gradual betterment in leisure-travel demand boosts the share price of the likes of United Airlines (UAL), American Airlines (AAL), Delta Air Lines (DAL), Alaska Air Group (ALK) and Southwest Airlines (LUV).

U.S. Airlines Make Hay in Yesterday's Trading: Here's Why

Allegiant Travel Company

US Global Jets ETF

Millions of Americans, newly vaccinated and $1,400 richer, are set to make up for lost time by booking flights and vacations. Last week marked the one-year anniversary of the start of the pandemic, and the number of Google searches for online travel deals spiked.

Get Ready For A Great American Travel And Spending Boom

As stimulus checks hit bank accounts across the nation and more Americans get their Covid-19 vaccine shots, pent-up demand in Travel & Leisure saw some big gains in select stocks today.

Markets Up on Strength in Resorts, Airline Bookings

Airline stocks gained altitude Monday after the industry got some of the most encouraging data since the beginning of the pandemic. What Happened: On Sunday, the Transportation Security Administration screened 1.34 million people — 86,000 more than on the same day a year ago.

Are Americans Ready To Travel? BofA Sees Biggest Airline Bookings Jump Since Pandemic Began

Bookings are up at United, Delta, Southwest, JetBlue and Spirit, as leisure travelers return amid declining Covid infection rates. The post For Airline Stock Prices, The Pandemic Is Nearly Over But Total Traffic Still Lags appeared first on Investor's Business Daily.

For Airline Stock Prices, The Pandemic Is Nearly Over But Total Traffic Still Lags

Airline CEOs are sounding optimistic tones in investor presentations.

Why Airline Shares Are Flying Higher Today

FTAI Aviation Ltd

PAR Technology

Plug Power

The Dow gained 10 points, the S&P traded flat, and the Nasdaq gained 0.1%. In the meantime, Q.ai's Artificial Intelligence has found you today's best short plays.

Top Stocks To Short Today As The Major Indices Trade Flat

United Airlines (UAL) and American Airlines (AAL) withdraw the furlough notice, earlier served to 27,000 employees, in the wake of President Joe Biden's enactment of the promised stimulus kit.

Pandemic Stimulus Lends Further Cushion to Airlines: An Anaysis

Spirit (SAVE) reported earnings 30 days ago. What's next for the stock?

Why Is Spirit (SAVE) Up 21.7% Since Last Earnings Report?

Spirit Airlines (SAVE) announces plans to connect Pensacola with seven destinations as it tries to expand its network.

Spirit Airlines (SAVE) to Initiate Services to Pensacola

ST. LOUIS, March 11, 2021 /PRNewswire/ -- The Spirit of St. Louis will fly higher than ever once Spirit Airlines (NYSE: SAVE) arrives in the Gateway to the West. Today the carrier announced plans to add St. Louis Lambert International Airport (STL) to its route map with nonstop daily service to five cities in the Spirit of Lindberg's historic nonstop flight.

Spirit Airlines Sets its Sights on St. Louis

Spirit Airlines (SAVE) intends to expand operations from New York LaGuardia Airport with new services to San Juan, PR; Nashville, TN and Los Angeles.

Spirit Airlines (SAVE) to Launch New Services From LaGuardia

MIRAMAR, Fla., March 9, 2021 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) announced flights to three new destinations from LaGuardia Airport (LGA) today.

Spirit Airlines Adds Three New Popular Destinations from LaGuardia, Announces Operations Out of a Second Terminal

The company should be well positioned to recover from the pandemic earlier than most.

Discounter Frontier Airlines Plans IPO Ahead of Expected Travel Rebound

SAVE stock is undoubtedly the best airline recovery play with a low cost structure, strong financial flexibility, and an impressive fleet. The post Spirit Airlines Stock Is the Best Airline Recovery Play Right Now appeared first on InvestorPlace.

Spirit Airlines Stock Is the Best Airline Recovery Play Right Now

Mesa Air Group Inc.

A fresh round of relief from Washington should help the industry and its potential customers.

Why Airline Shares Are Taking Off Again Today

Dine Brands Global

Ford Motor Company

Here's who benefits when the lockdowns and quarantines are finally behind us.

3 Stocks for a Reopening Spending Boom

Why Airline Shares Fell Today

Airline stocks had a rough 2020, and things are not expected to improve soon. It's best to stay away from these three carriers.

3 Airline Stocks With Bleak Futures That You Should Avoid

The COVID-19 pandemic has reshaped the global travel landscape and U.S. no-frills carriers are pouncing.

U.S. budget airlines plot pandemic breakthrough

MIRAMAR, Fla., Feb. 26, 2021 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) today announced being named to FORTUNE's 2021 list of World's Most Admired® Companies. Spirit is one of only eight airlines worldwide and three airlines in the U.S. to be included on the list, which serves as one of...

Spirit Airlines Named One of FORTUNE's World's Most Admired® Companies for 2021

Spirit Airlines will fly to more cities in America's heartland later in 2021.  The ultra-low-cost carrier this week announced plans to launch new service to Milwaukee and Louisville, Kentucky with seven routes spanning coast-to-coast. Both cities will see new non-stop links to popular leisure destinations as well as increased options on existing routes.

Spirit Airlines is adding 7 new low-cost leisure routes across the US with 2 new destinations — here's the full list (SAVE)

Spirit Airlines' (SAVE) expansion initiatives to take advantage of the gradual recovery in air-travel demand is encouraging.

News for Spirit Airlines Stock (SAVE)