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Spirit Airlines, Inc. (SAVE)
After hours:
- Associated Press Finance
Frontier Airlines, stuck in a money-losing slump, is dumping change fees and making other moves
Frontier Airlines, which has struggled more than other U.S. carriers to recover from the pandemic, says it is eliminating change fees on some tickets and creating four fare classes to boost its appeal to more travelers. Frontier, like rivals Spirit Airlines and Allegiant Air, advertises low fares but tacks on more fees than the larger carriers. The budget carriers have struggled, however, as big airlines created their own no-frills tickets to lure away the most cost-conscious travelers.
- Benzinga
Spirit Airlines CEO Slams "Uninformed Government," Says Airline Industry Is A "Rigged Game" As The Company Struggles To Survive
Spirit Airlines (NYSE:SAVE) was once the target of a hot bidding war between two of its rivals, Frontier Group (NASDAQ:ULCC) and JetBlue Airways (NASDAQ:JBLU). Less than two years after JetBlue successfully beat out Frontier with a deal valuing Spirit at $34.15 per share, Spirit's stock nose-dived to under $4 per share. The fall in share price is in large part due to the Biden administration blocking the JetBlue deal, arguing that customers benefiting from Spirit’s low fares would have been hurt
- GuruFocus.com
Spirit Airlines Inc (SAVE) Q1 2024 Earnings: Challenges Persist Amid Strategic Adjustments
Despite a Tough Quarter, Spirit Airlines Focuses on Strategic Changes and Cost-Saving Initiatives
