bad but OK earnings
$Spirit Airlines (SAVE.US)$ Still huge loss but not going to bankrupt. So price at this level is safe, probably not good for buy but good for hold. I will average down a little recently.
Cost structure has some improvement despite higher labor. Literally they soft layoff people… As Joe Biden will be fired, fare hike would be a common practice. 10% increment in revenue is expected. Just need a justified timing.
Rebranding is also a key factor.
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