Spirit Airlines stock just can’t get off the ground. In fact, the shares were moving lower Monday after the ultra-low-cost carrier reported a wider loss and falling revenue in the first quarter.
Spirit Airlines stock just can’t get off the ground. In fact, the shares were moving lower Monday after the ultra-low-cost carrier reported a wider loss and falling revenue in the first quarter.
Spirit Airlines posted a narrower-than-expected fourth-quarter loss and CEO Ted Christie struck an optimistic tone about the company’s fortunes in 2024. The stock, though was only narrowly higher despite the good news.
Spirit Airlines on Friday raised its financial forecast for the fourth quarter of 2023.
JetBlue Airways stock was rising and Spirit Airlines dropped sharply after a federal judge Tuesday blocked the proposed merger of the two airlines.
American Airlines and Spirit Airlines on Wednesday joined other carriers in warning that higher costs will hit profits during the bustling summer quarter.