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David Nelson: Let Spirit Airlines (SAVE) Fail

David Nelson discusses the Spirit Airlines (SAVE) bankruptcy, calling it an opportunity for the sector as it frees up highly in-demand pilots to work for other airlines. Despite losing the last major budget airline in the U.S., he thinks that letting it fail is healthy for the overall field. His pick is Delta Airlines (DAL), saying it is well-run and can weather the highs and lows of the business.

Trading 360

14 Nov 2024

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