Originally Posted by
Silver02ex
I got the opposite vibe from the higher ups at Spirit. Most of the time when we announce a new route or cities, there’s never any mention who we are competing against. It’s mostly “This is what we are doing, and that’s it” It’s how it was made out to be on one of the investor calls.
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We don’t really care what they are doing,” Spirit CEO Robert Fornaro said Oct. 25 on an earnings conference call. “It’s just the marketplace adjusting and adapting. The key thing is, ultimately, how many seats do you sell at a certain price?”
https://skift.com/2018/10/29/why-low...economy-fares/
Because the ULCCs don’t compete with the legacies. The legacies still don’t realize it. ULCCs competition is Amtrak, Greyhound and the family automobile. (And of course other ULCCs)
How will they do during a recession? Just fine. Just like Spirit did during the last one. They grew unabated and negotiated a new contract during the last recession.
Oversea routes have yet to be proven. However, Frontier is coming at it with an advantage to everyone. They already have sister companies overseas with established routes. Not hard now for Franke to connect the dots on his global network. Ie...WhizzAir, Volaris, JetSmart(although a start up).
PHL to some place in Europe on the 321xlr and you have quite a network to connect to through WhizzAir.