Originally Posted by
CincoDeMayo
And now Uncle Sam is still writing payroll support checks, which Spirit is gladly accepting, and using to fuel our growth. Not a bad deal for Spirit. PSP2 covered Spirit’s losses for the upcoming quarter, total losses. So it’s not even payroll support, it’s “total losses support”, allowing Spirit to tap into their proportionally ample cash reserves for growth.
Thanks Gov’ment for that cheese
There is definitely room for Spirit to grow their market share. However, I do think their growth can only go so far. Don’t take this next comment personally as it has zero to do with the pilots: A lot of people out there hate spirit and will pay more to not fly on them. Just saying. But I agree they will make ground on those customers who chose the basic economy on legacies and those trying to save a buck.