Recommendation Summary
Spirit Airlines (SAVE) is considered to be the lowest-cost U.S airline. The company had a tremendous year over year growth, revenue grew by 25.7% and share price followed along with a 58% increase since April last year. But Spirit also experienced some hurdles along the way, with costs outpacing revenue growth by 7% mainly due to lowered fuel efficiency levels and increased salary expenses largely driven by higher pilot rates.
Considering all this information in the long-term I see the company struggling more with increasing fuel prices, increase in wages