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MarketScreener Homepage  >  Equities  >  Nyse  >  Spirit Airlines, Inc.    SAVE

SPIRIT AIRLINES, INC.

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Low-cost carrier Frontier says 35% of flight attendant, pilot jobs at risk

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07/31/2020 | 02:25pm EDT
FILE PHOTO:  A Frontier Airlines Airbus A320neo plane departs from O'Hare International Airport in Chicago

Frontier Airlines is preparing to send notices on Friday to employees warning that 35% of the budget carrier's flight attendants and pilots could be furloughed as early as Oct. 1, a spokeswoman told Reuters on Friday.

The warnings from Frontier, which is owned by private equity firm Indigo Partners, follow a similar warning from low-cost carrier Spirit Airlines earlier this week as government funds to help U.S. airlines protect pay and jobs during the coronavirus pandemic is set to expire in September, with no near-term recovery in sight.

(Reporting by Tracy Rucinski, Editing by Franklin Paul)

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Financials (USD)
Sales 2020 1 823 M - -
Net income 2020 -601 M - -
Net Debt 2020 3 432 M - -
P/E ratio 2020 -2,35x
Yield 2020 -
Capitalization 1 532 M 1 532 M -
EV / Sales 2020 2,72x
EV / Sales 2021 1,65x
Nbr of Employees 8 938
Free-Float 97,8%
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Technical analysis trends SPIRIT AIRLINES, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 17,38 $
Last Close Price 17,28 $
Spread / Highest target 67,8%
Spread / Average Target 0,61%
Spread / Lowest Target -59,5%
EPS Revisions
Managers
NameTitle
Edward Morgan Christie President, Chief Executive Officer & Director
H. McIntyre Gardner Chairman
John Bendoraitis Chief Operating Officer & Executive Vice President
Scott M. Haralson Chief Financial Officer & Senior Vice President
Rocky B. Wiggins Chief Information Officer & Senior Vice President
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