Spirit Airlines, Inc. Stock
Spirit Airlines, Inc. Stock
Spirit Airlines (NASDAQ: SAVE) is a prominent American low-cost airline company with its headquarters in Miramar, Florida. Founded in 1980 and publicly listed, it operates flights throughout the United States, Caribbean, Mexico, Central, and South America. Focused on providing budget-friendly air travel, the airline pursues an ultra-low-cost carrier business model, offering affordable base fares while charging additional fees for various services and amenities. Spirit Airlines has garnered a significant market share and is well-known for its price-competitive services, expanding route network, and bright yellow liveried aircraft. Despite facing challenges due to economic downturns and the COVID-19 pandemic, the company continues to adapt and innovate in the aviation sector.
Pros and Cons of Spirit Airlines, Inc. in the next few years
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Performance of Spirit Airlines, Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Spirit Airlines, Inc. | 1.090% | -12.972% | -26.431% | -79.238% | -78.076% | -88.575% | -92.706% |
| Alaska Air Group Inc. | 0.270% | -2.769% | 3.320% | 5.360% | 13.890% | -27.420% | -24.776% |
| Allegiant Travel | -0.920% | -6.087% | -22.857% | -38.983% | -28.947% | -72.727% | -56.654% |
| Jetblue Airways Corp. | -1.440% | -19.033% | -21.238% | -16.507% | 3.841% | -67.234% | -67.051% |
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