Originally Posted by
WhiskeyDelta
I believe this to be nonsense. U/LCCs will be impacted on a similar level as demand continues to drops. Furthermore, the legacy drawdowns will be designed to be stood back up very quickly to protect those valuable markets. The main thing that matters is cash and which of these players have enough or at least good access to more as time goes on. I don’t see any one airline or group of airlines having an advantage right now in the short term. It will most likely truly be survival of the fittest.
You're right, i don't think we (at Spirit) is going after the legacies market. We are barely holding on to our own market. However, it's easier for us to sell $20 tickets and not bet hurt as much, and people will still fly for a good deal. Those canceled events doesn't hurt us as much since we don't really cater to the business travelers. The biggest issue for us right now is, how long before Mickey's house opens back up, and when will cruise ships start to sail out of FLL again. At least Vegas is still dealing cards. I don't have the exact number but the amount of cash on hand compared to debt is much better at Spirit than most airlines.