Spirit Airlines Inc

Latest Spirit Airlines Inc News and Updates

  • Spirit Airlines aircraft on runway
    Investments & Deals

    Should You Buy Spirit Stock? JetBlue Makes a Hostile Takeover Bid

    JetBlue has made a hostile takeover bid for Spirit and is offering $30 per share to Spirit investors. Should you buy Spirit stock as the takeover battle heats up?
    By Mohit Oberoi, CFA
  • Spirit airplane
    Investments & Deals

    Spirit Airlines Won’t Be Accepting JetBlue’s Enticing Offer After All

    Will Spirit Airlines merge with JetBlue or Frontier? Spirit Airlines has decided to stick with the offer it received from Frontier and reject JetBlue's offer.
    By Mohit Oberoi, CFA
  • Frontier airplane taking off
    Company & Industry Overviews

    Frontier Plans Spirit Merger — Who Owns Frontier Airlines Now?

    Budget airline rivals Frontier and Spirit Airlines announced on Feb. 7 that they will merge and create the fifth-largest airline in the U.S. Who owns Frontier Airlines now?
    By Danielle Letenyei
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    Earnings Report

    Can Delta Air Lines Continue to Reduce Its Debt in 2016?

    Delta Air Lines (DAL) expects to generate more than $7 billion–$8 billion of operating cash flow and ~$4 billion–$5 billion of free cash flow. It plans to reduce its adjusted net debt to $4 billion by 2020.

    By Ally Schmidt
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    Company & Industry Overviews

    Could Pilot Strikes Become a Major Issue for the Airlines?

    In mid-September 2016, the Hawaiian Airlines pilot union opened a strike operations center to operate in the event of a strike.

    By Ally Schmidt
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    Company & Industry Overviews

    Most Airline Stocks Continue to Tumble in August

    In 2015, most airline stocks have fallen, and the NYSE ARCA Airline Index (XAL), which is composed of the major US airline stocks, has also tumbled as much as 13.5% year-to-date.

    By Ally Schmidt
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    Earnings Report

    Are Analysts Expecting JetBlue Airways’s Revenue to Grow in 2Q16?

    Analysts are estimating 2Q16 revenue of ~$1.7 billion for JetBlue Airways (JBLU), which is a year-over-year increase of 2.2%.

    By Ally Schmidt
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    Company & Industry Overviews

    How American Airlines Stock Reacted to Its Guidance Update

    American Airlines (AAL) stock rose almost 0.94% on September 12, the day of its traffic release.

    By Ally Schmidt
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    Company & Industry Overviews

    Analysts’ Views on Delta Air Lines after Its Traffic Release

    Analyst upgrades Delta Air Lines (DAL) has already received four downgrades since its traffic release yesterday. Imperial Capital reduced its target price from $54 to $50, Deutsche Bank has reduced its target price from $62 to $59, Cowen & Co. has reduced its target price from $66 to $60, and UBS has reduced its target […]

    By Ally Schmidt
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    Macroeconomic Analysis

    How Wall Street Analysts View the Major Airlines

    Among the seven major carriers, most analysts seem to favor Delta Air Lines (DAL), which has a “buy” rating from 87.5% of the analysts.

    By Ally Schmidt
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    Earnings Report

    Can Spirit Airlines Maintain Its Industry-Leading Margins?

    Spirit Airlines’ EBITDA (earnings before interest, tax, depreciation, and amortization) margin is expected to fall to 24.2% in 2016, compared to 26.8% in 2015.

    By Ally Schmidt
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    Company & Industry Overviews

    Did Delta’s Guidance Cut Prompt a Losing Streak for Airlines?

    Delta Air Lines (DAL) stock fell 3.5% after its traffic release on September 5, 2017. The negativity has spread to other players.

    By Ally Schmidt
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    Company & Industry Overviews

    US Airlines Capacity Growth Outpaces Demand, Load Factor Drops

    Decreasing load factors across the airline industry mean that airlines are not able to fill up their seats as fast as they are adding seats. This justifies investor fears of overcapacity.

    By Ally Schmidt
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    Earnings Report

    Delta Air Lines Flies High on 2Q16 Earnings

    Delta Air Lines (DAL) reported its 2Q16 results on July 14, 2016. The company’s revenue fell by 2.4% YoY (year-over-year) to $10.5 billion.

    By Ally Schmidt
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    Company & Industry Overviews

    Fornaro’s Turbulent Ride and Achievements at Spirit Airlines

    For October, SAVE was ranked third on the metric according to the Department of Transportation. That’s a huge improvement since Spirit has historically been last.

    By Ally Schmidt
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    Company & Industry Overviews

    Is Southwest’s Demand Growth Enough to Fill Its Added Capacity?

    In November 2017, Southwest Airlines’ (LUV) traffic grew 3.4% year-over-year (or YoY). This growth was higher than its capacity growth of 2.5% YoY in the same month.

    By Ally Schmidt
  • uploads///Valuation
    Earnings Report

    Airline Relative Valuations: What Is Priced In?

    The airline industry is capital-intensive, with high levels of depreciation and amortization and varying degrees of debt and operating leases. To neutralize these factors, we use the EV-to-EBITDA ratio to value airline stocks.

    By Ally Schmidt
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    Company & Industry Overviews

    What Wall Street Analysts Recommend for Southwest Airlines

    Right now, 36.8% of the analysts tracking Southwest Airlines (LUV) stock have given it “strong buy” ratings. Another 52.6% of analysts have “buy” ratings on the stock.

    By Ally Schmidt
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    Company & Industry Overviews

    Is a Rerating of Airlines’ Valuation Multiple Possible?

    Currently, American Airlines (AAL), Southwest Airlines (LUV), and Alaska Air Group (ALK) are all trading at ~5x their forward EV-to-EBITDA multiples.

    By Ally Schmidt
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    Company & Industry Overviews

    Spirit Airlines: An Introduction to a Low-Cost Pioneer

    Spirit Airlines (SAVE) is headquartered in Miramar, Florida. It’s a pioneer of ultra-low-cost carrier or ULCC airlines.

    By Sam Matthews
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    Company & Industry Overviews

    FedEx Express Is One of the Largest Express Networks in the World

    FedEx Express offers three US overnight package delivery services: FedEx First Overnight, FedEx Priority Overnight, and FedEx Standard Overnight.

    By Samuel Prince
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    Miscellaneous

    Airline Mergers and Acquisitions: Are We There Yet?

    The most recent phase of consolidation that began in 2005 has seen 13 airline mergers and acquisitions. Four of these deals are worth special mention because they changed the face of the industry.

    By Ally Schmidt
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    Earnings Report

    What Does Southwest Airlines’s Current Valuation Tell Us?

    Southwest Airlines’s (LUV) current valuation is slightly lower than its average valuation of 4.8x since October 2008.

    By Ally Schmidt
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    Earnings Report

    What’s Priced In to SAVE’ Stock ahead of Its 3Q16 Earnings?

    Despite its fall in 3Q16, Spirit Airlines’ stock continues to be the best performing airline stock in 2016. The stock has risen almost 9% year-to-date.

    By Ally Schmidt
  • uploads///Revenue
    Earnings Report

    Why Are Analysts Estimating Southwest Airlines Revenues Growth to Slow Down In 2016?

    Second quarter 2016 estimates Analyst estimates serve as an effective proxy for gauging what’s priced into the market. For 2Q16, analysts are estimating Southwest Airlines revenues to grow by 5.7% to $5400 million. For the next two quarters, though sales are expected to grow, the growth rate in expected to slow down from 5.7% in […]

    By Ally Schmidt
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    Miscellaneous

    Frontier Airlines’ IPO: Is the Timing Right?

    Airline financials improved drastically in the past three years. Frontier Airlines’ IPO seems to be hitting the market at the right time for its investors.

    By Ally Schmidt
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    Company & Industry Overviews

    Why Spirit Airlines’ Stock Has Lost 40% of Its Value in 5 Months

    The problems for Spirit Airlines (SAVE) started in early May, when the company ended up canceling hundreds of flights.

    By Ally Schmidt
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    Earnings Report

    JetBlue Airways: What Are Analysts’ Recommendations?

    JetBlue Airways (JBLU) is expected to release its 2Q16 earnings on July 26. According to an analyst consensus, JBLU is expected to earn $0.49 in 2Q16, compared to earnings per share of $0.44 in 2Q15.

    By Ally Schmidt
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    Company & Industry Overviews

    United Continental on the Street: Analyst Recommendations

    As of June 9, four of the analysts (25%) tracking United Continental (UAL) had a “strong buy” recommendation on the stock, while five (31.3%) had a “buy.”

    By Ally Schmidt
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    Industrials

    Airline Stocks: Key Indicators to Watch

    After crude oil prices, labor costs are the largest part of an airline’s expenses. Pilot strikes and shortages continue to present problems.

    By Ally Schmidt
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    Earnings Report

    What Are Analysts Estimating for Spirit Airlines in 2016?

    Of the 15 analysts rating Spirit Airlines’ stock, 80% (12 analysts) have a “buy” rating, 20% (three analysts) have a “hold” rating, and none of the analysts have a “sell” rating.

    By Ally Schmidt
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    Earnings Report

    Can SAVE Continue Its Strong Operational Performance in 2016?

    For 4Q15, Spirit Airlines recorded a solid 27.5% YoY growth in its traffic numbers. The traffic growth was boosted by lower airfares, strong network expansion, and an overall strength in the industry and economy.

    By Ally Schmidt
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    Consumer

    Spirit Airlines Warns of Possible Furloughs

    Spirit Airlines (NASDAQ:SAVE) is set to report its fiscal 2020 second-quarter results on July 23. Analysts expect losses and a decline in revenue from almost all airlines.

    By Sushree Mohanty
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    Consumer

    What to Expect from American Airlines’ Q2 Results

    American Airlines (NASDAQ:AAL) will likely report its earnings for the second quarter of fiscal 2020 before the market opens on July 23.

    By Sushree Mohanty
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    Consumer

    Alaska Airlines to Report Q2 Earnings, Cancels Layoffs

    Alaska Airlines (NYSE:ALK) will likely report its second-quarter results on July 23 after the market opens. For now, the company will avoid pilot furloughs.

    By Sushree Mohanty
  • uploads///jetblue airways q results
    Consumer

    JetBlue Airways Reports Q1 Earnings, Discusses 2020 Outlook

    JetBlue Airways (NASDAQ:JBLU) reported its results for the first quarter of fiscal 2020 on May 7. So far, 2020 has been bad for the airline industry.

    By Sushree Mohanty
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    Consumer

    Spirit Airlines Reports Q1 Losses, Plans to Cut Costs

    Spirit Airlines (NASDAQ:SAVE) reported its results for the first quarter of fiscal 2020 on Thursday. The company’s first-quarter revenue missed the estimates.

    By Sushree Mohanty
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    Consumer

    What to Expect from Spirit Airlines’ Q1 Results

    Spirit Airlines (NASDAQ:SAVE) will likely report its results for the first quarter of fiscal 2020 on May 7 when the market opens.

    By Sushree Mohanty
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    Consumer

    JetBlue Airways’ Q1 Earnings: Losses Could Rise in 2020

    JetBlue Airways (NASDAQ:JBLU) will likely report its results for the first quarter of fiscal 2020 on May 7 after the market opens.

    By Sushree Mohanty
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    Consumer

    United Airlines Reports Q1 Losses, Buffett Drops Airline Stocks

    United Airlines fell by 14.7% on May 1. The airline mentioned in its preliminary results that it would report a loss close to $2 billion.

    By Sushree Mohanty
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    Consumer

    United Airlines Q1 Losses Depict a Rough Start to 2020

    United Airlines will likely report its results for the first quarter of fiscal 2020 on May 1. The company expects to report a loss of $2.1 billion.

    By Sushree Mohanty
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    Consumer

    Analysts Expect American Airlines to Report Higher Q1 Losses

    American Airlines will likely report its results for the first quarter of fiscal 2020 on April 30. Analysts aren’t hopeful about the first-quarter results.

    By Sushree Mohanty
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    Consumer

    Airline Stocks: Wall Street Is Bearish, Cuts Fiscal 2020 Estimates

    Airline stocks’ performance has gone downhill since the COVID-19 pandemic hit. Most industries were hit, but the travel industry took a bigger blow.

    By Sushree Mohanty
  • uploads///united airlines q preliminary
    Consumer

    United Airlines Stock Fell after Its Preliminary Q1 Results

    United Airlines (NYSE:UAL) stock fell 8% in early trading on Monday after the company reported preliminary first-quarter losses.

    By Sushree Mohanty
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    Consumer

    United Airlines Will Sell 22 Planes to BOC Aviation amid COVID-19

    United Airlines (NYSE:UAL) has fallen 3.7% in pre-market trading as of 7:03 AM ET today. The airline industry has been hit hard by the COVID-19 pandemic.

    By Sushree Mohanty
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    Industrials

    Why Airline Stocks Missed 2019 Broader Market Rally

    Airline stocks were among the few industries that lagged last year’s broader market rally. The broader US stock market had a remarkable run last year.

    By Anirudha Bhagat
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    Industrials

    Airbus Gets 100-Aircraft Order from Spirit Airlines

    Airbus received firm orders for its 100 A320neo family aircraft from the US-based low-cost carrier Spirit Airlines (SAVE).

    By Anirudha Bhagat
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    Industrials

    Airline Stocks Soar on Strong Job Market Report

    Almost every US airline stock soared last Friday after the US Department of Labor reported stronger-than-expected job market data.

    By Anirudha Bhagat
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    Industrials

    United Taps Airbus over Boeing for New Aircraft Orders

    United Airlines has chosen Airbus for its new aircraft requirements. On December 3, it placed orders for 50 new long-range, single-aisle Airbus A321XLRs.

    By Anirudha Bhagat
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    Company & Industry Overviews

    Airline Stocks Fall after Trump Warns of Trade Deal Delay

    Airline stocks fell sharply yesterday after Donald Trump warned that a trade deal with China may be delayed. Trump said, “I have no deadline.”

    By Anirudha Bhagat
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    Industrials

    Comp: JetBlue’s Leverage Ratio Falls Towards Peers

    The airline industry is a capital-intensive industry and thus airline companies have substantial debt on their balance sheets.

    By Ally Schmidt
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    Industrials

    Boeing 797: Which Airlines Want It and Why?

    For Boeing, most of 2019 has been about the 737 MAX. It’s curbed the decision about whether to build its 797 model until the 737 MAX crisis is resolved.

    By Mike Sonnenberg
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    Industrials

    Boeing Logs MAX Orders amid Uncertainty Over Return

    The 2019 Dubai Airshow brought good news for Boeing. The company logged new requests for its troubled 737 MAX aircraft after several months of frozen orders.

    By Anirudha Bhagat
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    Company & Industry Overviews

    Boeing Gets Order Boost for Troubled 787 Dreamliner

    This morning, Boeing (BA) received a major boost for its troubled 787 Dreamliner, whose order backlog has depleted rapidly.

    By Anirudha Bhagat
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    Company & Industry Overviews

    Boeing or Airbus: Who Stole the Dubai Air Show Day 2?

    The second day of the Dubai Air Show was quite eventful. Boeing and Airbus were both vying for new contracts, but Airbus stole the spotlight.

    By Anirudha Bhagat
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    Industrials

    JetBlue Stock: Analysts’ Ratings and Target Prices

    With a year-to-date return of 21.9%, JetBlue Airways (JBLU) stock is one of the airline industry’s top performers. Here are analysts’ views on the stock.

    By Anirudha Bhagat
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    Company & Industry Overviews

    Boeing May Lose Another Mega Order to Airbus

    Boeing (BA) may lose another multibillion-dollar aircraft order to Airbus as its fast-selling 737 MAX aircraft remain grounded.

    By Anirudha Bhagat
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    Industrials

    United Airlines Stock: Is It Worth Buying Right Now?

    Analysts have remained bullish about United Airlines stock. The analysts polled by Reuters provided a consensus “buy” recommendation on the stock.

    By Anirudha Bhagat
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    Company & Industry Overviews

    Boeing Loses Huge Aircraft Order to Airbus

    Boeing has reportedly lost a huge aircraft order to Airbus. According to Reuters, GE Capital Aviation Services has ordered 25 Airbus planes.

    By Anirudha Bhagat
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    Industrials

    Airline Stocks: Have Q3 Results Eased Investors’ Fears?

    Airline stocks gained altitude in October. The third-quarter results eased investors’ concerns about the global economic slowdown and the MAX grounding.

    By Anirudha Bhagat
  • uploads///Boeing Orders
    Company & Industry Overviews

    MAX Crisis Costs Boeing Multi-Billion-Dollar Order Loss

    Last week, Boeing (BA) lost a multi-billion-dollar order to its arch-rival Airbus. There’s still uncertainty about the 737 MAX’s return.

    By Anirudha Bhagat
  • uploads///Airline Stocks
    Industrials

    Why Did US Airline Stocks Fall Last Week?

    Last week, the broader market sell-off battered US airline stocks. New tariffs on Airbus planes and dismal economic data impacted the long-term growth prospects.

    By Anirudha Bhagat
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    Company & Industry Overviews

    Will Delta Benefit from Partnership with LATAM?

    On Thursday, Delta Air Lines announced a partnership with LATAM Airlines in a deal worth $2.25 billion. Delta will acquire a 20% stake in LATAM.

    By Anirudha Bhagat
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    Financials

    Southwest Airlines Stock Up 18% This Year: What’s Next?

    Southwest Airlines (LUV) stock, which has been impacted by labor disputes and Boeing’s (BA) 737 MAX crisis, has managed to rebound.

    By Anirudha Bhagat
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    Financials

    Airline Stocks: Bank of America Analyst Is More Selective

    Bank of America (BAC) analyst Andrew Didora has become more selective on airline stocks. He upgraded Southwest Airlines (LUV).

    By Anirudha Bhagat
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    Industrials

    How the 737 MAX Grounding Affects United Airlines Stock

    One of 2018’s top airlines, United Airlines stock has struggled to gain altitude in 2019. UAL has returned ~9% YTD, lagging the broader market.

    By Anirudha Bhagat
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    Industrials

    Saudi Oil Attack Could Impact Airline Stocks

    A sudden increase in the fuel cost due to the Saudi oil attack could have a massive impact on airlines’ profitability in upcoming quarters.

    By Anirudha Bhagat
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    Industrials

    Why Airline Stocks Are Underperforming the US Market

    The year so far hasn’t gone well for airline stocks, as the majority have underperformed the broader markets. The US Global Jets ETF (JETS) is up just 1.2% year-to-date.

    By Anirudha Bhagat
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    Earnings Report

    Will Spirit Airlines Continue Strong Earnings Growth in Q2?

    Spirit Airlines (SAVE) has been able to post over 50% YoY earnings growth for the last three quarters.

    By Anirudha Bhagat
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    Company & Industry Overviews

    US Airlines Jumped on JPMorgan’s Ticket Fare Hike Comments

    US airline stocks gained massively on June 13 after a JPMorgan Chase analyst said that the carriers are lifting fares more rapidly than anticipated. The analyst believes that in addition to the strong travel demand, US air carriers are also benefiting from a reduction in the supply of flights and seats due to the worldwide grounding of Boeing’s 737 MAX jets.

    By Anirudha Bhagat
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    Earnings Report

    Moderate Oil Prices Could Support UAL’s Q1 Profitability

    WTI oil prices fell ~17% from their peak of $76.40 per barrel on October 3 to $63.58 on April 11.

    By Anirudha Bhagat
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    Industrials

    Southwest Airlines: Analysts Have a Bullish Stance

    With a market capitalization of ~$29 billion, Southwest Airlines (LUV) is the second-largest airline company in the United States.

    By Anirudha Bhagat
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    Industrials

    American Airlines: Analysts Have a Bullish Stance

    Analysts have provided a consensus “buy” rating on American Airlines. Approximately 60% of the analysts have provided a bullish recommendation.

    By Anirudha Bhagat
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    Earnings Report

    Analyzing Spirit Airlines’ Q4 Earnings

    On February 5, Spirit Airlines (SAVE) reported strong fourth-quarter results. The company’s top and bottom line increased significantly.

    By Anirudha Bhagat
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    Earnings Report

    Analysts Expect Spirit Airlines’ Q4 Earnings to Rise 89%

    For the fourth quarter, analysts expect an adjusted EPS of $1.38 for Spirit Airlines, which implies a rise of 89% YoY (year-over-year).

    By Anirudha Bhagat
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    Earnings Report

    Revenue Growth, Lower Costs to Drive JetBlue’s Q4 Earnings Higher

    JetBlue Airways (JBLU) is scheduled to report its fourth-quarter earnings results on January 24.

    By Anirudha Bhagat
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    Earnings Report

    Delta Air Lines Stock Trades at an Attractive Valuation Multiple

    With a market cap of $32.7 billion, Delta Air Lines (DAL) is the largest airline company in the United States.

    By Anirudha Bhagat
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    Company & Industry Overviews

    Delta Lowered Its Fourth-Quarter Revenue Outlook

    Delta Air Lines (DAL) shares fell ~9% on January 3 after the company updated its fourth-quarter outlook.

    By Anirudha Bhagat
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    Company & Industry Overviews

    Airlines’ Rating Downgrade: Investors Are Cautious

    Most of the analysts polled by Reuters have provided “buy” recommendations on stocks in the airline industry.

    By Anirudha Bhagat
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    Financials

    Airline Stocks: November’s Rally Didn’t Last Long

    In November, most of the airline stocks had their biggest gains in 2018. However, airlines’ momentum didn’t last long enough.

    By Anirudha Bhagat
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    Industrials

    How Top US Airlines Are Faring on the Valuation Front

    With a return of more than 43% YTD (year-to-date), United Continental (UAL) shares have remained the biggest gainer in 2018.

    By Anirudha Bhagat
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    Financials

    Why Did Airline Stocks Rally in November?

    Until the middle of October, airline stocks had been among the most battered stocks due to concerns about overcapacity and rising fuel prices.

    By Anirudha Bhagat
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    Industrials

    How Is JetBlue Airways Stock Performing?

    September is turning out to be a good month for JetBlue Airways’ (JBLU) investors.

    By Ally Schmidt
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    Company & Industry Overviews

    Airlines Raise Baggage Fees

    American Airlines (AAL) was the last of the three legacy carriers to announce an increase in checked baggage fees on Friday.

    By Ally Schmidt
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    Company & Industry Overviews

    Spirit Airlines to Continue Aggressive Expansion in 2018

    Spirit Airlines’ (SAVE) capacity is expected to increase 17.5% YoY in the fourth quarter of 2017, leading to a 2017 capacity growth of about 16.5%.

    By Ally Schmidt
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    Earnings Report

    Alaska Air’s 3Q17 Performance: Short-Term Challenges Come to Light

    ALK’s 3Q17 net income fell 3.9% YoY to $266.0 million, leading to earnings per share (or EPS) of $2.24 and missing analysts’ estimates of $2.26 per share.

    By Ally Schmidt
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    Industrials

    Analysts’ Recommendations for Southwest Airlines

    Analysts’ recommendations Of the 17 analysts tracking Southwest Airlines (LUV), 36.8% of the analysts (seven analysts) gave a “strong buy” rating on the stock, while another 47.4% (nine analysts) gave a “buy” rating. The remaining 15.8% (three analysts) gave a “hold” rating. None of the analysts gave a “sell” or “strong sell” rating on the […]

    By Ally Schmidt
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    Earnings Report

    What Is Priced into American Airlines’ Valuation?

    Currently, American Airlines (AAL) is trading at a forward EV-to-EBITDA ratio of 6.7x.

    By Ally Schmidt
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    Company & Industry Overviews

    JetBlue Airways’ Load Factor Continues to Fall for 3rd Month in a Row

    Since JetBlue Airways’ (JBLU) traffic growth has been lagging behind its capacity growth, utilizations have fallen for the third straight month.

    By Ally Schmidt
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    Industrials

    Why Airline Industry Demand Could Grow in the Long Term

    Demand growth for the top seven airline players averaged at 6.1% year-over-year or YoY for July 2017—a significant improvement.

    By Ally Schmidt
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    Industrials

    Airline Stock Valuations: What’s Priced In?

    Currently, both Alaska Air (ALK) and Southwest Airlines (LUV) are trading at industry-leading valuations of 6.8x their forward EV/EBITDA multiples.

    By Ally Schmidt
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    Industrials

    Airlines’ Q2 2017 Unit Revenue Guidance

    Unit revenue or passenger revenue per available seat mile are the airline industry’s most-watched metric. It measures the efficiency of an airline’s operations.

    By Ally Schmidt
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    Earnings Report

    What Are Analysts Estimating for Spirit Airlines in 2017?

    For 3Q17, Spirit Airlines’ (SAVE) sales are expected to rise 21.7% year-over-year (or YoY) to $756.4 million.

    By Ally Schmidt
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    Earnings Report

    Why Should Investors Pay Attention to Spirit Airlines’ Leverage?

    Spirit Airlines (SAVE) had no debt until 4Q14. Debt rose to $646 million at the end of 2015 and $981.7 million at the end of 2016.

    By Ally Schmidt
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    Earnings Report

    How Flight Cancellations Affected Spirit Airlines’ Margins in 2Q17

    For 2Q17, Spirit Airlines’ adjusted operating profit improved 8.9% year-over-year (or YoY) to $132.7 million.

    By Ally Schmidt
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    Earnings Report

    How Pilot Strike Affected Spirit Airlines in 2Q17

    In early May, Spirit Airlines (SAVE) ended up canceling more than 300 flights due to the pilot strike.

    By Ally Schmidt
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    Earnings Report

    Southwest Airlines Is Reducing Leverage: What That Means

    Southwest Airlines’ (LUV) debt level has remained almost constant for nearly three years at an average of $3.0 billion.

    By Ally Schmidt
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    Earnings Report

    What’s Driving JetBlue Airways’ Valuation?

    JetBlue has one of the lowest valuations among major air carriers.

    By Ally Schmidt
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    Earnings Report

    How Delta’s Valuation Multiple Stacks Up Compared to Peers

    Delta Air Lines (DAL) is currently valued at 5.8x its forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple.

    By Ally Schmidt
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    Earnings Report

    Will Delta’s Margin Expansion Continue?

    Delta Air Lines’ (DAL) cost per available seat mile excluding fuel and including profit sharing (or CASM-ex) rose 7.3% year-over-year (or YoY).

    By Ally Schmidt
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