In the United States, Spirit Airlines (NASDAQ:SAVE) has taken the low-cost model of air travel to new levels, pleasing some passengers with its ultra-low fares, and angering others with its spartan approach to flying and controversial customer service. But although Spirit has delivered meaningful profits to investors, it is the 2nd smallest airline in the United States, as its model does not resonate with all travelers. In Mexico, however, the story is different. Spirit's model is far more powerful in that country, and thanks to the IPO of Volaris (NYSE:VLRS), the Spirit Airlines of Mexico, investors have a chance to profit from the continued growth of air travel in Mexico, as well as Volaris's own growth....
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