1333 ET - Alaska Air is set up to benefit from Spirit's struggles, Raymond James analyst Savanthi Syth says, upgrading the stock to outperform from market perform. Spirit included "going concern" wording in its second quarter filing, putting a threat of Chapter 7 bankruptcy on the table. If Spirit were to stop operating, Alaska would be among the airlines to see the biggest drop in overlapping routes, meaning it would become the sole carrier in those markets, Syth says. Routes shared with Spirit and Frontier typically have lower fares, so Spirit exiting some of its shared routes with Alaska, could result in higher fares for Alaska, Syth says. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

August 25, 2025 13:33 ET (17:33 GMT)

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