0 cash burn is the goal way before making money

Ticket prices are in the dump for all airlines, so the fact we can still fill up planes, when airlines like AA are essentially giving seats away, is a good sign IMO; because even at $10 tickets, people are still flying us vs AA and the like. And when Spirit sells a $10 ticket and AA sells a $10 ticket to compete with NK, AA just loses more money on that ticket. No surprise their cash burn remains epic; while fortunately we have issued revised guidance that our burn will be on the “better end” of what was anticipated.

The ULCC model is why we came here. Yeah, they hired us, but many of us knew that this model would hold up better than most in tough time, and are these tough times.