The budget carrier has plenty of room for profitable growth in markets where it won't face withering competition.
News & Analysis: Spirit Airlines
More than 4% of Southwest Airlines' fleet is out of commission until further notice, and that's creating opportunities for Spirit Airlines and Hawaiian Airlines.
With the budget carrier continuing to post strong EPS growth, investors are likely to send Spirit Airlines stock skyrocketing sooner rather than later.
Spirit Airlines will try to grow in some of the biggest U.S. airline hubs during 2019.
SAVE earnings call for the period ending December 31, 2018.
The budget airline's adjusted EPS nearly doubled last quarter, and the company is likely to continue delivering extraordinary earnings growth throughout 2019.
The budget carrier's unit revenue is finally taking off, which could drive stellar earnings growth during 2019.
The budget carrier is steadily expanding its footprint, both within the United States and in the Caribbean and Latin America.
The stock jumps came for one simple reason.
Falling fuel prices are set to unlock huge cost savings for airlines next year, but many investors are worried about potential fare wars.