2024-04-05 07:42:59 ET
Summary
- Spirit Airlines' share price recently plummeted due to a failed merger with JetBlue, raising questions about its future.
- The company has a history of negative free cash flow and relies on debt and share sales to cover expenses.
- Their business model needs to prove that it can deliver positive cash flow over time and across the cycles that hurt the airline industry before it becomes investable.
Spirit Airlines ( SAVE ) has attracted attention recently as share price plummeted earlier this year....
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SAVE Yourself The Trouble On Spirit Airlines