“Clear as mud” outlook for Spirit and Frontier drives downgrade from Raymond James (ULCC)
2024-07-05
Robert Way/iStock Editorial via Getty Images Shares of Spirit Airlines (NYSE:SAVE) and Frontier Group Holdings (NASDAQ:ULCC) are both trading with a loss ~2% in premarket trading following a downgrade to both carriers from Raymond James as weaker fare trends and insufficient post summer capacity adjustments remains a medium-term risk forContinue Reading