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The Latest Breaking News from ULCC

What happens to my flight now that Spirit Airlines has filed for bankruptcy?

‘Chapter 11’ is known as the ‘carwash’ in the aviation industry, because of the way it freshens up airlines

The Independent UK

Want 32% Yield in 2 Weeks? Spirit Airlines (SAVE) Can Offer Just That!

Using Barchart Premier analytics, investors can turn SAVE stock headlines into serious returns with limited risk.

Barchart

Ready Your Portfolios! These "Strong Buy" Companies Are Now Flashing Oversold!

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

Barchart

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read the most diverse news in one place.

Is It Time to Start Betting on These 2 Airline Stocks Again?

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)….

StockNews.com

3 Airline Stocks Still Facing a Ton of Turbulence in 2022

While air travel rebounded from the pandemic setback, the industry is still struggling with staffing shortages. Moreover, high inflation has negatively impacted airline bookings. Therefore, investors should avoid buying fundamentally weak airline stocks JetBlue Airways (JBLU), Frontier Group Holdings (ULCC), and Spirit Airlines (SAVE). Keep reading….

StockNews.com

3 Airline Stocks Still Losing Altitude in 2022

Airline stocks move with economic cycles, and the recent sluggishness in the economy has caused many of them to decline. Higher fuel costs and cooling consumer demand have also affected the industry. Given the industry’s current downtrend and poor growth prospects, we think it could be wise to avoid losing…

StockNews.com

Should You Avoid Spirit After It Delays Deal With Frontier for Third Time?

Spirit Airlines (SAVE) deferred its shareholder vote for the third time since its proposed merger with Frontier Group (ULCC) was announced in early February. The company has also received an all-cash offer from JetBlue Airways (JBLU), and signing either deal would create the fifth largest airline in the U.S. Considering…

StockNews.com

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3 Downgraded Stocks Investors Will Want to Sell Short

The stock market has been experiencing massive volatility due to rising concerns over surging inflation and the Fed’s constant efforts to fight it by raising the interest rates aggressively. Amid the ongoing market turbulence, investors might want to short-sell fundamentally weak stocks Robinhood Markets, Inc. (HOOD), Frontier Group (ULCC), and…

StockNews.com

Raymond James Upgrades Frontier Group - Read Why

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…

Benzinga

4 Airlines To Avoid During The Slump

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.

StockNews.com

How Spirit Stock Will Perform As Travel Prices Soar: What Potential Mergers May Mean

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

Benzinga

Merger Arbitrage Mondays - The Bidding War For Spirit Airlines (SAVE) Continues

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…

Benzinga

Frontier, Spirit Airlines Amend Merger Agreement - See What's The Change

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…

Benzinga

Spirit Airlines Sticks To Frontier Deal - Ball Is In The Shareholders' Court Now

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…

Benzinga

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Benzinga

Don't Expect High Airfares To Go Soon, Frontier Airlines' CEO Believes

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.

Benzinga

Recap: Frontier Group Holdings Q1 Earnings

Frontier Group Holdings (NASDAQ:ULCC) reported its Q1 earnings results on Thursday, April 28, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Benzinga

Spirit Airlines Plans To Initiate Discussions With JetBlue On $3.6B Bid

Spirit Airlines Inc (NYSE:SAVE) Board has agreed to engage in discussions with JetBlue Airways (NASDAQ:JBLU) concerning an all-cash transaction for $33/share. Related: Spirit Airlines Gets Second Takeover Bid This Year: What Investors Should Know Spirit remains bound by the terms of the merger agreement with Frontier Group Holdings, Inc. (NASDAQ:ULCC). Spirit's Board has not determined that JetBlue's proposal…

StockNews.com

3 Airline Stocks Wall Street Predicts Will Rally More Than 60%

Although an increase in jet fuel prices due to the Ukraine-Russia war has become a massive challenge for the recovering airline industry, rising travel demand globally should help many carriers advance. Hence, Wall Street Analysts expect the stocks of fundamentally sound carriers Frontier Group (ULCC), Spirit Airlines, Inc. (SAVE), and…

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news in one place.

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StockNews.com

3 Airline Stocks Wall Street Predicts Will Rally More Than 54%

Because COVID-19 travel restrictions are lessening each day, pent-up demand is expected to drive the airline industry’s growth. Thus, irrespective of rising prices, Wall Street analysts expect the shares of Frontier Group (ULCC), SkyWest (SKYW), and Mesa Air (MESA) to rally by more than 54% in price in the coming…

Benzinga

Frontier, Spirit Airlines Agree To Merge In $6.6B Deal

Spirit Airlines Inc (NYSE: SAVE) and Frontier Group Holdings Inc (NASDAQ: ULCC), the parent company of Frontier Airlines, Inc.,

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