IPO of the company 'Spirit Airlines, Inc.'

Identify the company and its industry

The industry chosen for the analysis is the aviation industry, particularly a niche called the 'The ultra low fare air carrier'. This is a peculiar type of niche that other airlines especially the giants cannot enter into. From the time of it's founding the company under analysis -- Spirit Airlines has followed the principle of operating at low cost and keeping the passenger cost to the minimum which has been its major strategy. The company overview for Spirit Airlines, Inc. shows that by June 30, 2010, it operated a fleet of thirty one Airbus narrow-body aircrafts. The company was formerly known as Charter One and the new name Spirit Airlines, Inc. was assumed in 1992. It is based in Miramar, Florida. It has about two thousand employees and the CEO is Mr. B. Ben Baldanza. The company...
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