Originally Posted by
Bluedriver
Spirit was solidly profitable prior to COVID, and that was while Spirit was a "growth" company. F9 is CLEARLY a "growth" company, yet it's stock has been beaten down to almost nothing because it isn't reporting meaningful profits. And even during the post -COVID strong domestic demand, the ULCCs and LCCs recovered the worst. So I don't think it's anyone's "feelings" that the ULCC model isn't scaling in the US, it is becoming evident.
Yes. 100%. It’s evident among investors, executives, as well as pilots that the ULCC model is not working like it has in the past. This has nothing to do with “feelings”.
It may be temporary, something might change down the road and tilt the scales back in favor of ULCC’s. But certainly, as it stands, this is a troubling trend,