Thread: Spirit of NKS
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Old 07-30-2015, 03:34 AM
  #12909  
dn_wisconsin
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Originally Posted by JoeyMeatballs View Post
upper management has another problem. They always said nobody paid any attention to Spirit blah blah blah. We are so small, blah blah blah.

Here's a telling snippet from a recent Air Transport World Article

Pricing wars: Ultra-low cost carrier Spirit Airlines is no longer being ignored. US mainline airlines are aggressively matching Spirit’s low fares on routes on which they are going head-to-head with the fast-growing ULCC. American is “all-in now in matching ultra-low cost carriers everywhere,” president Scott Kirby said. Spirit CEO Ben Baldanza conceded that the airline’s 14.8% second-quarter year-over-year RASM drop is 40% attributable to “very aggressive” moves by mainline US airlines to match its low fares. American chairman and CEO Doug Parker said, “Customers care a lot about the price of a ticket and we have to compete on price. That’s what we’ll continue to do.”
I think they can only keep up with us because oil so is low. It's only a matter of time before it spikes again. Then we'll see if they are willing to lose money just to go head to head.
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