Originally Posted by
CAirBear
I completely agree. I feel like I’ve been one of the only few to tell everyone to “chill the F out” When things when to virtually 0. Same happened in China and it was coming back.
Now we are seeing very good signs here, this past week, and I don’t think it’s going to slow down.
The fact TC said we are adding flying in June that they didn’t even have on their radar 30 days ago tells you a hell of a lot about where things are headed.
318K screened yesterday. ORD is even busier this morning on my commute home then yesterday. Won’t be shocked at all to have it climb above 350k at some point this weekend.
Have friends at all of the Big 3. All are adding flying in June. AA is even taking some 73s back out if storage.
There’s talk of us doing 200-400 a day by July. That wouldn’t shock me in the slightest. I think July 4 - Labor Day is going to surprise a lot of the negative “the world is over along with our career” types.
I would be shocked if we don't furlough, but numbers are the numbers. As you detailed, 300k + yesterday is two milestones. Crossing 300k and in the process exceeding 10% of last year. The upward trend percentage-wise is accelerating. That said, it is a holiday, which can explain the two-day 30% spike in throughput, but the percentages of growth relative to same day last year are even higher now.
It appears to me the rebound will continue to compound as it has, and 200-400 by July is pretty accurate imo. I'd guess with our model we'll be closer to 400 and looking for real estate in constrained markets by August. Stock price will explode if Spirit becomes a predator.