Originally Posted by
RemoveB4flght
Show me on the Spirit balance sheet where the losses are indicative to the fundamental business model, not the result of NK management decision making.
See post #113
You’re not taking into account the human element. The ULCC model works but only at a certain size in this country. Frontier came in and instantly changed models adding a bunch of ULCC seat miles to the market. Then they grew. All the time we were growing and adding ULCC seats to the market. When we were printing money we were half the size and Frontier was not a ULCC. The market for the garbage we sell is maxed out.