Spirit Airlines

Engine and parts shortages, amplified by an engine recall and Spirit Airlines’ collapse, have pushed owners to dismantle recently built Airbus A320neos rather than wait years for repairs or storage. Parts, especially engines and fan blades, fetch high prices and can make teardown more profitable than resale, driving a surge in young-aircraft retirements and boosting the secondhand parts market. Some stored Spirit aircraft may be parted out, sold to other carriers, or kept in desert storage, but many are being stripped and crushed to recover valuable components. » Mere på cnbc.com

Jet fuel costs have retreated, but airfares remain high because strong travel demand, reduced industry capacity after Spirit Airlines' exit, and the "rockets and feathers" effect keep prices from falling quickly. Airlines have little incentive to cut fares while demand is robust and some routes lost low-cost competition. Average ticket prices rose sharply year-over-year and passenger trips have not declined, limiting near-term downward pressure on fares. » Mere på cbsnews.com

Spirit's exit from the US domestic market has increased market concentration and reduced competitive pressure, giving airlines additional pricing power. Analysts estimate the industry's annual revenue potential at $1.4 billion to $2.3 billion, depending on demand and fares. Delta, Southwest and United are each likely to gain about $300 million, American around $220 million, while Frontier will benefit less because it focuses on low-cost markets. » Mere på de.investing.com