This Airline Stock Could Rise if Spirit Airlines Collapses
1. Spirit Airlines filed for Chapter 11, marking its second bankruptcy in a year. 2. Frontier Group Holdings' shares rose by 13%, indicating market confidence. 3. Deutsche Bank upgraded Frontier's stock from 'hold' to 'buy', doubling its price target. 4. Frontier announced 20 new routes, heavily overlapping with Spirit's operations. 5. Spirit's fleet may shrink post-restructuring, potentially benefiting Frontier.