Investors weren't pleased with Spirit Airlines' recent guidance update. However, the company's outlook may be better than it appears.
A niche leisure carrier outperformed all of its larger rivals in terms of unit revenue last year, driving huge stock gains.
In the past two days, three of the biggest airlines in the U.S. have raised their Q4 unit revenue guidance ranges.
This summer, America's largest low-fare airline will fill in one of the last big gaps in its U.S. route map.
The airline raised its Q4 unit revenue guidance on Wednesday, suggesting that it is on track to return to unit revenue growth as soon as the current quarter.
Cowen & Co. pours cold water on hopes for airline stocks.
Delta Air Lines and Aeromexico are forming a joint venture for U.S.-Mexico flights, even though it means they may need to give up a lot of valuable slots at Mexico City International Airport.
JetBlue announced a modest share repurchase program at its investor day last week. But it can afford to return more cash to its shareholders.
Delta Air Lines and Alaska Air will stop codesharing and offering frequent flier reciprocity as of May 1, 2017.
JetBlue's foray into lie-flat premium seats has boosted the carrier's profit margin on key routes and is opening lots of doors for future growth.