Spirit Airlines, Inc. provides airline services. The company also offers hotels and rental cars services. It serves various destinations in the United States, Latin America, and the Caribbean. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.
Financial Turbulence | Spirit Airlines faces significant liquidity challenges, with negative EPS projections and concerns about meeting upcoming debt obligations, sparking restructuring talks. |
Market Pressures | Explore how intense competition in the ultra-low-cost carrier segment and route overlaps with rivals are impacting Spirit's revenue streams and market position. |
Restructuring Runway | Delve into potential restructuring strategies, including network downsizing and negotiations with bondholders, that could reshape Spirit's operational landscape. |
Analyst Outlook | Discover varied analyst perspectives, with price targets ranging from $2.00 to $3.00, reflecting cautious views on Spirit's profitability and growth potential. |