Spirit Airlines' latest bankruptcy filing has Wall Street tapping its rival to flourish. Frontier Airlines' share price jumped 14.5% on Tuesday, as Deutsche Bank analysts upgraded the stock to a "Buy" rating. They also doubled their 12-month price target from $4 to $8. The stock last closed trading at $5.61. Deutsche Bank's Michael Linenberg wrote that Frontier is "best-positioned to be the biggest beneficiary of Spirit's bankruptcy" because it competes the most with the struggling budget airline.
"When we touched down, it was so strong that we jumped. The tire at the front of the plane broke. I don't know if the tire hit the left engine, which was where I was sitting. It sparked, and fire started to come out."
"We were landing and it was very bad, aggressive and at a high speed. This caused one of the tires on the front of the plane to break and catch fire."