Spirit Airlines Incorporated : Investor Uprising Looks at Spirit Airlines
05/15/2012| 04:45pm US/Eastern
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NEW YORK, May 15, 2012 /PRNewswire/ -- Investor Uprising, the individual investor's no-nonsense resource for global business trends and investment ideas, has published a column by Noreen Seebacher that questions whether Spirit Airlines (Nasdaq: SAVE) can continue to be the most profitable US carrier while frustrating its passengers with fees.
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Seebacher, describing Spirit as "a bus with wings," wrote in an opinion piece that she feels deceived by the airline's boast of low prices, since it tacks on extra charges for everything from boarding passes to cups of water during the flight. Just this month, Spirit announced it was boosting the top carry-on luggage fee to $100, effective in November.
But Spirit shares have soared more than 95% since the company went public late last May, and it earned more per plane last year than any other carrier. Seebacher wonders how the airline can be so successful when it is "uncomfortable, unfriendly, and over regimented, with a fleet likely held together with paper clips, duct tape, and dirt."
You can read the whole column here: Passenger Pain vs. Profit at Spirit Airlines
In addition to publishing contributed market commentary by journalists and investment professionals, Investor Uprising regularly produces FREE, original, in-depth reports aimed at informing the self-directed investor. To register for the complimentary reports and to participate in topical conversations with our expert bloggers, visit Investor Uprising at http://www.investoruprising.com/register.asp.
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About Investor Uprising
Investor Uprising is the individual investor's no-nonsense community for accessing business trends and investment strategies. Combining expert market commentary, fundamental analysis, and on-the-ground reporting, Investor Uprising helps the reader find the best investment opportunities in global markets. Sponsored by PR Newswire and operated by UBM plc, Investor Uprising's community of contributors reaches millions of potential business readers around the world. Twitter @InvestUprising
Media Contacts:
R. Scott Raynovich
Editor in Chief, Investor Uprising
(406) 582-5886 direct
(406) 223-2884 mobile
Scott.Raynovich@investoruprising.com
Noreen Seebacher
Community Editor, Investor Uprising
(201) 360-6773
Noreen.Seebacher@investoruprising.com
SOURCE Investor Uprising
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