Originally Posted by
The Juice
Well, anything can change....but with Spirit posting 21% margins and VA posting margins of 12% And with Spirit posting a CASM of 5.92 cents vs VA 10.98 cents (with the same RASM)....I wouldnt be so quick to assume anything.
Looking at a stock and saying "one only has to add $30 to double and the other needs $76, so the $30 must be easier, isnt accurate."
True, but there is no airline stock at over $100. You can't compare your costs/revenue metrics because the model is entirely different. 178 seats versus 146-149 for a given A320. Different brand and different strategy. Stock pre IPO was 23 and today is almost 40. Don't know why or what's going on for that. I'm kicking myself for selling it at 30.