[$SAVE] Spirit - An undervalued airline with an optionality from JBLU merger

[PSA] I have changed the name of the substack. Felt the previous one was bit too cheeky! Figured ‘Unfair Advantage’ is a more fitting name as I want to find companies, situations that gives the investor an unfair advantage.

Summary

All airline stocks have declined post-pandemic due to travel restrictions and are yet to recover. Spirit, in particular, is …