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Spirit Airlines, Inc. (SAVEQ)

0.5300

-0.0044

(-0.82%)

At close: January 21 at 3:00:00 PM EST

The Best and Worst Airlines of 2024

An Alaska Airlines blowout grounded dozens of planes. A summer tech outage crippled Delta. Delta took the crown again in The Wall Street Journal’s 17th airline scorecard, standing out in nearly every category.

The Wall Street Journal 8 hours ago

LUV

JBLU

ULCC
-0.58%
These Frequent Fliers Are Done With Loyalty Programs

Forgoing access to airport lounges and early boarding can be worth it for travelers who are tired of chasing points and want to save money on flights.

The Wall Street Journal yesterday

SAVEQ
-0.82%
Can Boeing Be Fixed? Aerospace Leaders Offer a Repair Manual

Restore trust, revamp the design process and forget the stock price: Experts from inside and outside the company share advice for the troubled jet maker.

The Wall Street Journal 15 days ago

BA

SAVEQ
-0.82%
AER
The Biggest News Stories of 2024

A lot happened in this year, from wars to the election to AI. Here’s a timeline, including some of the year’s best photos.

The Wall Street Journal 21 days ago

UNH

NVDA

AAPL
JetBlue’s Turnaround Plan: First-Class Seats and Fewer Routes

The airline is returning to its leisure-travel origins after plans to buy now-bankrupt Spirit were thwarted.

The Wall Street Journal last month

JBLU

DAL

ULCC
-0.58%
Delta Doubles Down on Luxury to Attract High-End Fliers

Delta Air Lines used to give away most of its premium seats. Now, the airline is banking on swanky seats and luxury lounges in the fight for high-end travelers willing to pay for those perks.

The Wall Street Journal last month

SHAK

DAL

LUV
Airline execs grilled on 'junk fees' in testy Senate hearing: 'Travelers are quite simply fed up'

Airline executives defended their business practices in heated exchanges with lawmakers over ancillary travel fees.

Yahoo Finance last month

SAVEQ
-0.82%
ULCC
-0.58%
REFR
United, Spirit, and other airline execs defend alleged 'junk fees'

Airline executives from Frontier Airlines (ULCC), Spirit Airlines (SAVEQ), United Airlines (UAL), American Airlines (AAL), and Delta Air Lines (DAL) testify in front of the Senate to defend themselves against accusations of using so-called junk fees to drive their revenue. Wealth! Host Brad Smith outlines what investors need to know. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan.

Yahoo Finance Video last month

LUV

AAL

SAVEQ
-0.82%
Jammed Thanksgiving Flights Push U.S. Air Travel to Record

A record number of travelers descended on U.S. airports Sunday, the peak of the busy Thanksgiving travel period.

The Wall Street Journal last month

SAVEQ
-0.82%
In 5 Years, Airlines Made $12.4 Billion From Seating Fees Alone. Senate And Biden Admin Say These 'Junk Fees' Must Stop

A new Senate report has shed light on just how much money airlines are making off add-ons like seat and baggage fees. And it’s a lot: $12.4 billion from seat selection fees alone between 2018 and 2023. And now, lawmakers and the Biden administration are saying enough is enough. Sen. Richard Blumenthal, who chairs the Senate’s Permanent Subcommittee on Investigations, recently revealed the findings. Blumenthal said that airlines have been exploiting passengers with what he calls “junk fees,” like

Benzinga last month

SAVEQ
-0.82%
Spirit Airlines Faces Uncertain Future Amid Bankruptcy Delays and Rising Costs

Spirit Airlines Inc (SAVEQ) has disclosed a new risk, in the Litigation & Legal Liabilities category. Spirit Airlines Inc. faces significant business risks due to delays in their Chapter 11 bankruptcy proceedings, increasing the likelihood of unsuccessful reorganization and rising bankruptcy-related costs. Such delays may lead to negative publicity and strained relationships with creditors, employees, customers, and other crucial partners, worsening their operational and financial condition. Add

TipRanks last month

SAVEQ
-0.82%
Major airline stocks getting lift from renewed travel demand

Major airline stocks — like United Airlines (UAL) and Delta Air Lines (DAL) — have experienced some serious gains in 2024 as demand returns to the travel industry and operators. Yahoo Finance senior business reporter Ines Ferré highlights several drivers behind growing travel demand and international bookings. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video last month

JBLU

DAL

AAL
US Senate Panel Blasts Airlines Over 'Junk Fees'

A US Senate panel slammed US airlines over so-called "junk fees" related to seat selection and luggage, multiple media outlets reported Tuesday.

PREMIUM
MT Newswires last month

DAL

AAL

UAL
Why are planes so jammed? Airlines want it that way so they can charge more

If you’re flying this holiday season and you’re noticing the plane feels more packed, while your wallet feels thinner, there’s a reason for that.

CNN Business last month

SAVEQ
-0.82%
JBLU
Airlines make billions charging ‘junk fees,’ congressional report says

Airlines have raked in billions of dollars by charging extra to select a seat and some airlines paid workers incentives to encourage charging more for baggage fees, according to previously undisclosed data in a new Senate subcommittee report.

CNN Business last month

SAVEQ
-0.82%
DAL
U.S. Airlines Collected More Than $12 Billion From Seat Fees

Fees to select seats have become big business for airlines, according to a Senate subcommittee report.

The Wall Street Journal last month

UAL

SAVEQ
-0.82%
DAL
US Senate panel criticizes rising airline seat fees, will call execs to testify

A U.S. Senate panel on Tuesday criticized rising airline fees for seat assignments and luggage and will call air carrier executives to testify on Dec. 4. Senator Richard Blumenthal, who chairs the Permanent Subcommittee on Investigations, will convene a hearing titled "The Sky’s the Limit -- New Revelations About Airline Fees" with senior executives from American Airlines, United Airlines Delta Air Lines , Spirit Airlines and Frontier to testify.

Reuters last month

DAL

SAVEQ
-0.82%
Debt Piles Up And Losses Mount – Spirit Airlines Finally Files For Bankruptcy After Struggling To Stay Afloat

Spirit Airlines has filed for Chapter 11 bankruptcy, a strategic move to stabilize its finances while keeping operations running smoothly. Known for its ultra-low-cost business model, the airline has faced mounting challenges, including over $1 billion in deferred debt, a $158 million quarterly loss this year and failed merger efforts with JetBlue and Frontier Airlines. Don't Miss: This rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 — With already over 40

Benzinga last month

SAVEQ
-0.82%
The Airline Industry’s Biggest Winners Are Betting You’ll Pay to Fly in Style

United and Delta dominate industry profits by promoting premium travel options like carved up cabins and luxe lounges

The Wall Street Journal last month

ALK

SAVEQ
-0.82%
Spirit Airlines CEO Gets $3.8 Million Bonus 1 Week Before Company Files Bankruptcy

According to an SEC filing, Spirit Airlines, Inc. (OTC:SAVEQ) CEO Ted Christie was paid a $3.8 million retention bonus just one week before the budget airline filed for bankruptcy. The Details: Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday and announced a comprehensive balance sheet restructuring plan aimed at reducing its debt and allowing the airline to continue to operate through the bankruptcy process. Spirit's existing bondholders agreed to take a $350 million ownersh

Benzinga last month

SAVEQ
-0.82%

Performance Overview

Return	SAVEQ	S&P 500
YTD	+39.47%	+2.41%
1-Year	-91.84%	+24.99%
3-Year	-97.46%	+34.95%

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Spirit Airlines, Inc. (SAVEQ)

The Best and Worst Airlines of 2024

These Frequent Fliers Are Done With Loyalty Programs

Can Boeing Be Fixed? Aerospace Leaders Offer a Repair Manual

The Biggest News Stories of 2024

JetBlue’s Turnaround Plan: First-Class Seats and Fewer Routes

Delta Doubles Down on Luxury to Attract High-End Fliers

Airline execs grilled on 'junk fees' in testy Senate hearing: 'Travelers are quite simply fed up'

United, Spirit, and other airline execs defend alleged 'junk fees'

Jammed Thanksgiving Flights Push U.S. Air Travel to Record

In 5 Years, Airlines Made $12.4 Billion From Seating Fees Alone. Senate And Biden Admin Say These 'Junk Fees' Must Stop

Spirit Airlines Faces Uncertain Future Amid Bankruptcy Delays and Rising Costs

Major airline stocks getting lift from renewed travel demand

US Senate Panel Blasts Airlines Over 'Junk Fees'

Why are planes so jammed? Airlines want it that way so they can charge more

Airlines make billions charging ‘junk fees,’ congressional report says

U.S. Airlines Collected More Than $12 Billion From Seat Fees

US Senate panel criticizes rising airline seat fees, will call execs to testify

Debt Piles Up And Losses Mount – Spirit Airlines Finally Files For Bankruptcy After Struggling To Stay Afloat

The Airline Industry’s Biggest Winners Are Betting You’ll Pay to Fly in Style

Spirit Airlines CEO Gets $3.8 Million Bonus 1 Week Before Company Files Bankruptcy

Performance Overview