Spirit Airlines Inc (NYSE:SAVE)
$ 3.85 0.05 (1.32%) Market Cap: 421.58 Mil Enterprise Value: 6.72 Bil PE Ratio: 0 PB Ratio: 0.42 GF Score: 57/100
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Spirit Airlines Inc at Raymond James Institutional Investors Conference (Virtual) Transcript

Mar 03, 2021 / 03:50PM GMT
Release Date Price: $35.94 (-1.10%)
Savanthi Nipunika Syth
Raymond James & Associates, Inc., Research Division - Airlines Analyst

I'm Savi Syth, a Raymond James Global Airline Analyst, and this is the Spirit fireside chat with CEO, Ted Christie; and CFO, Scott Haralson. Spirit pioneered the ultra-low-cost model here in the U.S. and it's reliance on price sensitive, predominantly leisure and visiting friends and relative demand means it has been and will likely continue to see a faster recovery in revenue here.

While unit cost recovery might take a bit longer, we continue to see a nice runway of growth for Spirit beyond the recovery as well. So with that, good morning, and thanks for joining us, Ted and Scott, and I'll turn it over to you, Ted, for any opening remarks.

Edward M. Christie
Spirit Airlines, Inc. - President, CEO & Director

Thank you, Savi. Good morning, everyone. Thanks for having us. Glad to be out again, even though we're sort of in the office, but it's nice to see some faces. I thought it would be helpful if I just give a brief update on what we're seeing in

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