The Latest Breaking News from ULCC

Discover these 3 stocks that analysts rate as a "strong buy" and are also oversold based on their 14-day RSI.

Pent-up travel demand in the post-pandemic era has helped the airline industry recover from losses. However, widespread macro headwinds do not seem to favor the industry's prospects. Let's find out if it's the right time to buy airline stocks Frontier Group (ULCC) and Spirit Airlines (SAVE)….

Raymond James analyst Savanthi Syth upgraded Frontier Group Holdings Inc (NASDAQ:ULCC) to Outperform from Market Perform while maintaining the same price target of $14 (an upside of 45%). The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned and expected capacity…

Airline stocks have been plunging despite the robust travel demand as inflation and recession fears weighed on the sector. Therefore, we think it could be wise to avoid fundamentally weak airlines stocks Virgin Galactic (SPCE), Frontier Group (ULCC), Air Canada (ACDVF), and Spirit Airlines (SAVE) now. Keep reading.

Earlier this year, Frontier Group Holdings Inc (NASDAQ: ULCC) agreed to buy Spirit Airlines (NYSE: SAVE) for $2.9 billion in cash and stock.  Neither of those airlines provides long international flights but are two of the cheapest domestic flight pr

After twelve new deals were announced during the prior two weeks, merger activity ground to a halt last week with no new deals announced. Oracle completed its massive $24.3 billion deal for healthcare software company Cerner and in a trend we have been seeing for several weeks, yet another SPAC…

Spirit Airlines Inc (NYSE:SAVE) and Frontier Group Holdings Inc (NASDAQ:ULCC), the parent company of Frontier Airlines, Inc., amended their previously announced merger agreement. In the unlikely event the combination is not consummated for antitrust reasons, Frontier would pay a reverse termination fee of $250 million, or $2.23 per share, to Spirit under the provisions of…

Frontier Airlines parent Frontier Group Holdings Inc (NASDAQ:ULCC) commented on Spirit Airlines Inc.'s (NYSE:SAVE) rejection of JetBlue Airways Corp's (NASDAQ:JBLU) offer. "We are pleased that the Spirit Board of Directors has again reaffirmed its commitment to combining with Frontier, which increases competition by bringing more ultra-low fares to more travelers and delivering substantial shareholder value," stated Barry…

According to Barry Biffle, CEO of Frontier Group Holdings Inc. (NASDAQ: ULCC), airfares could remain high for the foreseeable future because the forces driving up pricing aren't going away.