Originally Posted by
FNGFO
Dude, this is not a standard recession. I have no doubt that this will take time to recover from and that the average Spirit passenger will be disrupted from their travel plans. I also have no doubt that Spirit is better suited than most to weather a more normalized recessionary economy than most. And that’s what you’re staring at when this episode is over. One that has everything in place to recover quickly as it was humming along nicely before this.
I don't expect some 100% snap back by August. But all those places that are abandoned right now will be offering killer deals to get people back on property, and people who were just cooped up for several months will be wanting to travel.
You are deluding yourself. People who have been cooped up will be on unemployment. Most Independent restaurants will go belly up by the end of the summer.
There is a reason that SAVE stock is down the most. Most of SAVE passengers are the ones that will be hurt the most in this downturn.