Spirit Airlines Does One Thing ‘Better’ Than Any US Competitor

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[credit provider=”By iamos on flickr” url=”http://www.flickr.com/photos/iamos/3669217899/sizes/o/in/photostream/”]

Spirit Airlines probably has “the most dense seating configuration of any US airline.”This may not make you rush out to buy a ticket on Spirit, but it’s a good reason to buy stock, according to Deutsche Bank which initiated coverage with a buy rating.

Spirit is also “the most progressive/aggressive in unbundling revenue resulting in capturing more ancillary revenue per passenger than any other airline.”

Also impressive is that, unlike all other US airlines, Spirit has no on-balance sheet debt as its entire fleet is leased.

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