Spirit Airlines Tries a New Tack as Competition Intensifies
Spirit Airlines (NASDAQ: SAVE) is having a rough year. Following a costly dispute with its pilots in May, the airline's operations were severely disrupted by Hurricanes Harvey and Irma. On top of that, an ongoing price war with United Continental (NYSE: UAL) has lowered fares across many of Spirit's markets, causing the company to slash its Q3 unit revenue guidance.
However, at a recent investor conference, Spirit CFO Ted Christie and Chief Commercial Officer Matt Klein talked at length about how the company plans to respond to these latest competitive threats and maintain profitability.
Image source: Spirit Airlines.
Source: Fool.com
Jetblue Airways Corp. Stock
€5.38
1.690%
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