Spirit of NKS, Part II
02-09-2016, 07:15 AM
#3531
Gets Weekends Off
Joined APC: Oct 2010
Posts: 1,420
finally some insight into the direction fornaro would like to go.
1. expansion into smaller markets
2. keep costs low
3. improve reliability and reputation (cleaner planes, better on time etc)
Spirit Airlines (SAVE) Q4 2015 Results - Earnings Call Webcast | Seeking Alpha
1. expansion into smaller markets
2. keep costs low
3. improve reliability and reputation (cleaner planes, better on time etc)
Spirit Airlines (SAVE) Q4 2015 Results - Earnings Call Webcast | Seeking Alpha
02-09-2016, 07:19 AM
#3532
Gets Weekends Off
Joined APC: Aug 2011
Position: A320 CA
Posts: 206
This raises more questions than answers. How cryptic.
What Does the Future Hold for Spirit Airlines?
What Does the Future Hold for Spirit Airlines?
02-09-2016, 07:25 AM
#3533
ULTP-Ultra Low Tier Pilot
Joined APC: Dec 2007
Posts: 3,228
Originally Posted by gonyon
finally some insight into the direction fornaro would like to go.
1. expansion into smaller markets
2. keep costs low
3. improve reliability and reputation (cleaner planes, better on time etc)
Spirit Airlines (SAVE) Q4 2015 Results - Earnings Call Webcast | Seeking Alpha
1. expansion into smaller markets
2. keep costs low
3. improve reliability and reputation (cleaner planes, better on time etc)
Spirit Airlines (SAVE) Q4 2015 Results - Earnings Call Webcast | Seeking Alpha
Really sounds like we may be keeping the 319s. Fornaro made mention to how smaller markets with the 319s make great sense for us.
Nice to hear the CEO address that our planes are dirty and service is bad and it needs to change. Clear this is why Ben was showed the door. I just hope Bendo was squirming in his seat.
Oh, and the contract is an "ongoing process" ...yeah..
02-09-2016, 07:29 AM
#3534
Gets Weekends Off
Joined APC: Oct 2010
Posts: 1,420
Originally Posted by The Juice
Oh, and the contract is an "ongoing process" ...yeah..
as far as the "ongoing process" They never show their cards so i don't put any meaning into statements like this although it is aggravating....
02-09-2016, 07:29 AM
#3535
ULTP-Ultra Low Tier Pilot
Joined APC: Dec 2007
Posts: 3,228
Originally Posted by Douglas9
This raises more questions than answers. How cryptic.
What Does the Future Hold for Spirit Airlines?
What Does the Future Hold for Spirit Airlines?
Seth Miller is an AirwaysNews.com contributor specialized in Loyalty Marketing, Connectivity and Passenger Experience and will drop everything if he gets an opportunity to go flying. Bit by the travel bug 30 years ago, Seth flies ~200,000 miles annually. Follow him on twitter at @WandrMe, or his site at The Wandering Aramean blog.
The investor call is on the ir website. Would really hope pilots spend the hour to listen to the CEO directly and his view of the airline versus half rate bloggers who show up with your google alerts ping "Spirit" on the internet. The call is very clear on where we are going, nothing cryptic.
02-09-2016, 07:31 AM
#3536
Gets Weekends Off
Joined APC: Sep 2014
Posts: 479
Originally Posted by The Juice
Contract aside, for a moment, I really liked what Bob said and where he wants to take the airline
Really sounds like we may be keeping the 319s. Fornaro made mention to how smaller markets with the 319s make great sense for us.
Nice to hear the CEO address that our planes are dirty and service is bad and it needs to change. Clear this is why Ben was showed the door. I just hope Bendo was squirming in his seat.
Oh, and the contract is an "ongoing process" ...yeah..
Really sounds like we may be keeping the 319s. Fornaro made mention to how smaller markets with the 319s make great sense for us.
Nice to hear the CEO address that our planes are dirty and service is bad and it needs to change. Clear this is why Ben was showed the door. I just hope Bendo was squirming in his seat.
Oh, and the contract is an "ongoing process" ...yeah..
Never believe a single word management says.
02-09-2016, 07:40 AM
#3537
Gets Weekends Off
Joined APC: Dec 2009
Position: Airplane
Posts: 2,385
One thing we have to remember about the financial blogging sites is there is zero accountability on them. Sites like Seeking Alpha and others like it do not go back and correct inaccuracies or inaccurate predictions. You really have to take everything they (which are amateur financial "experts", pretty much guys like me) say with a grain of salt. Never, ever, EVER rely on these sites for true investing advice. You'll cry every day looking at your portfolio if you do.
I haven't had a chance to listen to the call yet, but the initial reports look good, looks like expectations were beat. It'll be interesting to see what the forecast is for next quarter. Looking at how it's up over 5%, I'm guessing there hasn't been a downward forecast in margins expectation.
I haven't had a chance to listen to the call yet, but the initial reports look good, looks like expectations were beat. It'll be interesting to see what the forecast is for next quarter. Looking at how it's up over 5%, I'm guessing there hasn't been a downward forecast in margins expectation.
02-09-2016, 07:49 AM
#3538
Gets Weekends Off
Joined APC: Oct 2010
Posts: 1,420
Originally Posted by Lobaeux
One thing we have to remember about the financial blogging sites is there is zero accountability on them. Sites like Seeking Alpha and others like it do not go back and correct inaccuracies or inaccurate predictions. You really have to take everything they (which are amateur financial "experts", pretty much guys like me) say with a grain of salt. Never, ever, EVER rely on these sites for true investing advice. You'll cry every day looking at your portfolio if you do.
I haven't had a chance to listen to the call yet, but the initial reports look good, looks like expectations were beat. It'll be interesting to see what the forecast is for next quarter. Looking at how it's up over 5%, I'm guessing there hasn't been a downward forecast in margins expectation.
I haven't had a chance to listen to the call yet, but the initial reports look good, looks like expectations were beat. It'll be interesting to see what the forecast is for next quarter. Looking at how it's up over 5%, I'm guessing there hasn't been a downward forecast in margins expectation.
02-09-2016, 07:58 AM
#3539
Gets Weekends Off
Joined APC: Dec 2009
Position: Airplane
Posts: 2,385
Originally Posted by gonyon
one thing that i found disconcerting is that revenue was only up around 10% yoy. I believe capacity was up 30?
The thing that actually makes me a little nervous is the fact that they ended 2015 with over $800M in cash.
02-09-2016, 08:01 AM
#3540
Line Holder
Joined APC: Oct 2015
Posts: 61
Originally Posted by The Juice
$74 million in profit and they can't afford to pay us more?!
YGTBFSM
YGTBFSM
What a deal!
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