FTAI is up +138.36% since Oct ’23 pick Unlock All Top Buy Picks
Strong air-travel demand and low debt boost Spirit Airlines (SAVE).
The ruling is expected in January and has wider implications beyond JetBlue Airways and Spirit Airlines stocks.
The Spirit/JetBlue trial is concluding, with the judge expected to rule at some point after December 13, 2023. I see the chance of a JetBlue/Spirit victory as around 65% compared to market implied odd
The judge also said he expected airline fares would rise if no-frills, ultra-low-cost Spirit no longer was around to "undercut everyone else" and drive down prices.
Shares of discount carrier Spirit Airlines (NYSE: SAVE ) suffered a heavy blow in the market on Tuesday due to a courtroom drama that could disrupt its merger with JetBlue Airways (NASDAQ: JBLU ). Law
Spirit is facing financial strain from weaker off-peak demand and Pratt & Whitney engine groundings.

Spirit Airlines: If Merger Fails, What's Next?

02:52pm, Monday, 20'th Nov 2023
Spirit Airlines' stock price has fallen to where it may be a value opportunity even without JetBlue merger. The stock trades around tangible book of ~$12 per share, versus closest competitor Frontier
Spirit Airlines and JetBlue's proposed merger is still awaiting a final verdict from the DOJ after almost a year and a half. Spirit's value lies in its Airbus orders, which include more than 100 airpl
JetBlue (JBLU) is in court defending its contested $3.8 billion acquisition of Spirit Airlines (SAVE), which would create the 5th largest U.S. carrier. JetBlue contends the deal is critical for growth
The US Department of Justice (DOJ) has begun a legal battle to block JetBlue Airways (NASDAQ:JBLU) from its planned $3.8 billion acquisition of low cost carrier Spirit Airlines. The case, filed in f
JetBlue faces the Justice Department in an antitrust trial over the carrier's proposed acquisition of budget carrier Spirit Airlines.
The antitrust trial following the Justice Department's lawsuit to block JetBlue's proposed merger with Spirit Airlines is finally due to begin after a two-week delay.
A Spirit Airlines memo said pilot training would be suspended next month "until further notice."
Spirit (SAVE) came out with a quarterly loss of $1.37 per share versus the Zacks Consensus Estimate of a loss of $1.47. This compares to earnings of $0.03 per share a year ago.
Spirit Airlines says its flight schedule could be impacted for days as it scrambles to perform "a necessary inspection of a small section of 25 of our aircraft."
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE