Out Fox The $treet

Following a few intriguing moves in the past month,  Spirit Airlines '  ( NASDAQ: SAVE     )  cheap-ticket, high-fee model could be in for serious competition in a few years. Spirit chairman William Franke, who pioneered the airline's highly profitable approach to flying, resigned his post after his Indigo Partners group sold a substantial stake in the airline. But Franke and Indigo turned right around and bought Frontier Airlines, a subsidiary of  Republic Airways ( NASDAQ: RJET     ) The deal won't close until December, and given the time it takes to turn around an airline, Spirit and Allegiant Travel ( NASDAQ: ALGT     ) shouldn't sweat Frontier's competition for now. However, with a strong operator at its helm, other ultra-low-cost carriers could face a tougher rival in the future. Read the full article here . Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

When reviewing the quarterly results for Republic Airways (NASDAQ: RJET ) , a couple of numbers really stuck out as shocking and actually in a good way. The company reported the amazing combination of lower revenue yet higher operating margin. What is going on in the airline industry that is allowing this focus on profits? Republic Airways is a jumbled group of airlines including Chautauqua Airlines, Frontier Airlines, Republic Airlines, and Shuttle more » Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

A day after absorbing an 11% loss, Allegiant Travel (NASDAQ: ALGT ) shareholders should spend a minute reviewing the results that caused the selloff. Were the second quarter numbers really bad enough to justify the stock plunge? The company focuses on low-cost travel to leisure destinations and has seen a dramatic stock increase since the middle of 2011. Before digging too much into the numbers, it is worth reviewing the headlines more » Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

When reviewing the airline sector, the moves made by Republic Airways (NASDAQ: RJET ) appear to be all the right ones. In an industry long focused on market share and size, the airlines as a group have undertaken a new dedication to focusing on profits regardless of market share or supposed industry importance. Republic Airways is a jumbled group of airlines including Chautauqua Airlines, Frontier Airlines, Republic Airlines, and Shuttle America more » Disclosure: No positions mentioned. Please review the disclaimer page for more details.