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Will Spirit Airlines merge with JetBlue?
Spirit Airlines shareholders voted to approve a $3.8 billion merger proposal with JetBlue. If approved by regulators, it will create thefifth-largest airline in the U.S.
Is Spirit Airlines better than its rivals?
Spirit Airlines’ rivals have higher revenue, but lower earnings than Spirit Airlines. Spirit Airlines is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
How many Spirit Airlines shares are owned by institutional investors?
68. 0% of Spirit Airlines shares are owned by institutional investors. Comparatively, 53. 6% of shares of all “Air transportation, scheduled” companies are owned by institutional investors. 0. 4% of Spirit Airlines shares are owned by company insiders. Comparatively, 2.