Spirit Airlines: Overstated Fears

Fri JUL 19 2024 12:38 PM ET 18.00 14.00 10.00 6.00 2.77 Jul In no huge surprise, Spiritt Airlines, Inc. (NYSE:SAVE) is set to report a weak Q2 as domestic yieds dipped due to overcapacity. The airtline sector is quickly adjusting capacity to match what's actually record passenger travel in a sign of how the sector has evolved over time. My investment thesis remains Ultra Bullish on the stock with a fare turnaround set to occur in the next 30 days. Source: Finviz Spirit Airlines released weak preliminary num ...