Spirit has had success as a so-called "ultra-low cost carrier" that markets cheap fares but charges fees for not only checked baggage but for carry-ons, snacks and beverages and other ancillary services as well. Frontier is also moving in that direction, though Republic has said it is up to the airline's new owners to chart a specific course for the carrier.Written by Lou Whiteman.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts