1. Spirit Airlines Gets a New CEO

    Spirit Airlines Gets a New CEO

    Spirit Airlines on Tuesday named board member Robert Fornaro as chief executive officer, sending its shares up nearly 7 percent. Investors welcomed the appointment of the former AirTran Holdings Inc CEO as a new start for Spirit, a U.S. carrier that has grown rapidly in the past five years ...

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    1. Bob's extensive background in market planning is a perfect fit for (Spirit) at this stage in its growth cycle, in our view. We would use recent sell-offs to add to or initiate new positions.
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