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Spirit Airlines Incorporated

SAVE.N

Latest Trade

17.85USD

Change

0.57(+3.30%)

Volume

309,463

Today's Range

17.51

 - 

18.05

52 Week Range

7.01

 - 

47.49

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

Pricing

Previous Close
17.28
Open
17.53
Volume
309,463
3M AVG Volume
533.23
Today's High
18.05
Today's Low
17.51
52 Week High
47.49
52 Week Low
7.01
Shares Out (MIL)
88.67
Market Cap (MIL)
1,532.24
Forward P/E
-2.16
Dividend (Yield %)
--

Next Event

Q3 2020 Spirit Airlines Inc Earnings Release

Latest Developments

More

Spirit Airlines Inc On July 22, Co Entered Agreement With Morgan Stanley For Offering Of Up To 9.0 Million Shares Of Common Stock

Spirit Airlines Reports Second Quarter 2020 Results

Spirit Airlines Executive Says Plans To Bring Back Service To All Of Its Destinations Once Covid Crisis Subsides -Conf Call

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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

2.87 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)

-7.818
Price To Earnings (TTM)
95.04
Price To Sales (TTM)
0.53
Price To Book (MRQ)
0.65
Price To Cash Flow (TTM)
7.24
Total Debt To Equity (MRQ)
111.90
LT Debt To Equity (MRQ)
99.59
Return on Investment (TTM)
-0.13
Return on Equity (TTM)
-0.11

Latest News

Latest News

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.

Spirit Airlines must face lawsuit over 'gotcha' carry-on bag fees: court

A federal appeals court revived a lawsuit by Spirit Airlines passengers who said the low-cost carrier blindsided them by imposing unexpected carry-on bag fees on tickets bought through Cheapoair, Expedia, Priceline and Travelocity.

Spirit Airlines sales to take $25 million hit from Hurricane Dorian

Spirit Airlines <SAVE.N> on Friday cut its third-quarter outlook for a key revenue measure as it estimates an approximate $25 million hit on its sales, hurt by hundreds of flights cancellations due to Hurricane Dorian.

Spirit Airlines looking at A321neo and 'larger' Boeing plane for growth: CEO

Spirit Airlines <SAVE.N>, a fast-growing, low-cost U.S. carrier that flies an all-Airbus SE <AIR.PA> fleet, is looking at both the Airbus A321neo and a larger Boeing Co <BA.N> aircraft to fuel its growth, Chief Executive and President Ted Christie said on Monday.

U.S. budget carrier Spirit expects to raise fares on higher oil prices

Spirit Airlines expects it will raise passenger fares after years of lower ticket prices as the U.S. budget carrier works to improve margins at a time of rising oil prices, Chief Executive Bob Fornaro said on Monday.

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

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