for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Spirit Airlines Incorporated

SAVE.N

Latest Trade

25.89USD

Change

-1.32(-4.85%)

Volume

430,403

Today's Range

25.72

 - 

27.03

52 Week Range

7.01

 - 

47.49

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
27.21
Open
26.56
Volume
430,403
3M AVG Volume
163.74
Today's High
27.03
Today's Low
25.72
52 Week High
47.49
52 Week Low
7.01
Shares Out (MIL)
97.68
Market Cap (MIL)
2,657.83
Forward P/E
-3.04
Dividend (Yield %)
--

Next Event

Q4 2020 Spirit Airlines Inc Earnings Release

Latest Developments

More

Spirit Airlines Inc Says Non-Ticket Revenue Per Passenger Flight Segment For Q4 Is Expected To Only Be Down Modestly Compared To Q4 Last Year

Spirit Airlines Sees Q4 Revenue Down About 43 To 45 Percent

Spirit Airlines Announces Pricing Of Upsized Offering Of Senior Secured Notes By Brand And Loyalty Subsidiaries

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Spirit Airlines Incorporated

Spirit Airlines, Inc. is an airline company. The Company provides air transportation for passengers. As of December 31, 2016, its all-Airbus Fit Fleet operated over 420 daily flights to 59 destinations in the United States, Caribbean and Latin America. As of December 31, 2016, it had a fleet of 95 Airbus single-aisle aircraft, which are referred to as A320 family aircraft and include the A319, A320 and A321 models, which have common design and equipment but differ most notably in fuselage length, service range and seat capacity. As of December 31, 2016, its fleet consisted of 29 A319s, 45 A320ceos, five A320neos and 16 A321ceos. Its Bare Fares offerings are unbundled base fares that remove components included in the price of an airline ticket. It also offers Frill Control, which allows customers to pay only for the options they choose, such as bags, advance seat assignments and refreshments. As of December 31, 2016, its route network included 200 markets served by 59 airports.

Industry

Airline

Contact Info

2800 Executive Way

MIRAMAR, FL

33025

United States

+1.954.4477920

https://www.spirit.com/

Executive Leadership

H. McIntyre Gardner

Lead Independent Chairman of the Board

Edward M. Christie

President, Chief Executive Officer, Director

Scott M. Haralson

Chief Financial Officer, Senior Vice President

John Bendoraitis

Chief Operating Officer, Executive Vice President

Martha Laurie Villa

Chief Human Resource Officer, Senior Vice President

Key Stats

2.80 mean rating - 15 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

2.6K

2018

3.3K

2019

3.8K

2020(E)

1.8K
EPS (USD)

2017

3.330

2018

4.400

2019

5.090

2020(E)

-8.279
Price To Earnings (TTM)
--
Price To Sales (TTM)
1.17
Price To Book (MRQ)
1.11
Price To Cash Flow (TTM)
45.03
Total Debt To Equity (MRQ)
143.43
LT Debt To Equity (MRQ)
127.90
Return on Investment (TTM)
-2.98
Return on Equity (TTM)
-2.51

Latest News

Latest News

Spirit Airlines expects its flights to be 70% full in fourth quarter

Spirit Airlines said on Thursday it expects its load factor for the fourth quarter to average about 70%, despite the slowdown in demand due to the COVID-19 pandemic.

Budget airline AirAsia to start charging customers for checking in at airport counters

* Measure will help minimise physical contact with airline staff

American Airlines to cut 19,000 jobs in October without aid, workforce shrinking 30%

American Airlines said on Tuesday its workforce will shrink by 40,000, including 19,000 involuntary cuts, in October as the COVID-19 pandemic continues to weigh on air travel, unless the government extends aid for airline employee payrolls.

BRIEF-Spirit Airlines Pilots Union Says Reaches Deal For Nearly Half Of Some 2,500 Pilots To Temporarily Work Fewer Hours Each Month To Prevent 600 Furloughs Beginning Oct 1.

* SPIRIT AIRLINES PILOTS UNION SAYS REACHES DEAL FOR NEARLY HALF OF SOME 2,500 PILOTS TO TEMPORARILY WORK FEWER HOURS EACH MONTH TO PREVENT 600 FURLOUGHS BEGINNING OCT 1. Source text for Eikon: Further company coverage:

Spirit Airlines says 20% to 30% of workers at risk of furloughs: CEO's memo

Spirit Airlines <SAVE.N> is preparing to inform unions on Friday that 20-30% of workers may be furloughed in October, an internal memo shows, becoming the first low-cost U.S. carrier to detail potential job cuts due to the coronavirus pandemic.

Spirit Airlines says 20% to 30% of workers at risk of furloughs - CEO's memo

U.S. low-cost carrier Spirit Airlines is preparing to inform unions on Friday that 20% to 30% of workers including pilots and flight attendants may be furloughed in October, according to a memo from the CEO sent to employees on Tuesday.

Spirit Airlines to defer Airbus deliveries as COVID-19 saps demand

Spirit Airlines has reached an agreement with Europe's Airbus to defer aircraft deliveries during 2020 and 2021, as the coronavirus pandemic weighs on travel demand, Chief Financial Officer Scott Haralson said on Thursday.

Spirit Airlines posts quarterly loss, in talks with Airbus to defer deliveries

Spirit Airlines Inc <SAVE.N> on Wednesday posted a quarterly loss and said it was in discussions with Airbus SE <AIR.PA> to defer 2020 and 2021 jet deliveries and related pre-delivery payments in an effort to reduce its aircraft capital spending by $185 million.

JetBlue, Delta seek U.S. OK to suspend flights to 25 U.S. airports

Delta Air Lines <DAL.N>, JetBlue Airways Corp <JBLU.O> and Spirit Airlines <SAVE.N> on Tuesday asked the U.S. Transportation Department for approval to suspend flights to more than two dozen U.S. airports.

U.S. rejects most Spirit, JetBlue requests to halt additional flights

The U.S. Transportation Department said on Thursday it had rejected most requests by JetBlue Airways Corp <JBLU.O> and Spirit Airlines <SAVE.N> to halt additional flights in the wake of the pandemic that has sent passenger traffic down by 95%.

Spirit cancels New York, Connecticut, New Jersey flights after CDC warning

Low-cost U.S. carrier Spirit Airlines Inc said on Monday it will cancel all flights to and from New York, Connecticut and New Jersey after U.S. officials warned against travel to the area because of the COVID-19 pandemic.

BRIEF-Spirit Airlines Executive Says Still Taking Net Bookings Despite Coronavirus

* SPIRIT AIRLINES EXECUTIVE SAYS STILL TAKING NET BOOKINGS DESPITE CORONAVIRUS

Spirit abandons 2020 forecast due to coronavirus outbreak

Spirit Airlines Inc <SAVE.N> abandoned its annual forecast on Tuesday, joining a growing list of companies that have revealed the impact coronavirus was having on their 2020 earnings.

Spirit Airlines warns Airbus production problems could last beyond 2021

Spirit Airlines Inc <SAVE.N> warned on Thursday that Airbus SE <AIR.PA> production problems are set to last beyond 2021, later than the European planemaker has suggested and potentially hitting the budget carrier's future growth rate.

Spirit Airlines targets network growth even as Airbus delays continue

Spirit Airlines Inc expects to grow its capacity by 17% to 19% in 2020, with growth focused on cities where it is already strong, even as it suffers continued Airbus SE delivery delays, executives said on a conference call on Thursday.

Spirit Airlines to buy 100 Airbus A320neo family aircraft

U.S. budget carrier Spirit Airlines Inc <SAVE.N> said on Monday it will buy 100 Airbus <AIR.PA> A320neo-family jets to be delivered through 2027, with options to purchase up to 50 additional aircraft.

UPDATE 1-Spirit Airlines to buy 100 Airbus A320neo family aircraft

U.S. budget carrier Spirit Airlines Inc said on Monday it will buy 100 Airbus A320neo-family jets to be delivered through 2027, with options to purchase up to 50 additional aircraft.

American, Spirit eye more Mobile deliveries to avoid Airbus tariffs

American Airlines Group <AAL.O> and Spirit Airlines <SAVE.N> executives said on Thursday they were working with Airbus SE <AIR.PA> to mitigate the impact of U.S. tariffs on European-made aircraft, including having more planes delivered from Mobile, Alabama.

Spirit Airlines commits to 100 Airbus jets amid tariff dispute

U.S. budget carrier Spirit Airlines <SAVE.N> on Wednesday unveiled a provisional deal to order 100 Airbus A320neo-family jets to be delivered through 2027, becoming the first U.S. airline to pick European planes since Washington imposed tariffs on them.

Spirit Airlines close to agreeing major Airbus order -sources

U.S. budget carrier Spirit Airlines is close to agreeing a provisional deal to order as many as 100 single-aisle aircraft worth up to $12 billion at recent catalogue prices from Airbus, industry sources said.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up