Originally Posted by
sandlapper223
I don't mean to be a killjoy or anything, but many market watchers and analysts are predicting a very large slump in stocks and the economy in every sector. Some are saying the 2007 depression will pale in comparison to what could be looming.
I guess my point is, how does Spirit fare historically, in times when the economy really tanks ala 2007 or worse? Do they buy more airplanes and expand in the wake of legacies cutting capacity? Do they park and furlough? Does fuel have a price point associated with their growth or shrinkage?
Well in 2007, for what it's worth, Spirit did layoff many pilots. They have obviously since been recalled. But who knows about the future? No one can tell. Heck if I had a crystal ball, I'd take one look to see what airline would still exist by the time I'm 65, and then apply to that (those) airlines.