Whitney Tilson (Trades, Portfolio) says that customers don't love the ride on Spirit Airlines' (SAVE, Financial) planes, but they do love the price.
No reclining seats, jammed in like sardines —Â Spirit is the low-cost provider on its routes, which makes it a great business.
With the stock down 55% this year, Tilson believes it's a bargain. He simply doesn't think that anyone can compete with Spirit on price, comparing it to European success story Ryanair (RYAAY).
