Thread: What happened?
View Single Post
Old 01-18-2024 | 08:07 AM
  #1  
mudpie
On Reserve
 
Joined: Jan 2019
Posts: 57
Likes: 21
Default What happened?

Can someone explain to me how Spirit got here with the speculation of bankruptcy? 10 years ago it had pretty much the highest profit margin in the industry. The fares really were never that cheap compared to everyone else after fees, just like now.

The plane issues, I'd imagine lost revenue is covered 100% by manufacturer.

Attrition, always had it, but hiring was always able to keep up with attrition, like now.

I always thought the Jetblue merger was because JetBlue needed Spirit to grow in order to compete and not that Spirit needed JetBlue to survive.

Why is Spirit all of sudden in apparently bad shape? I don't get it, what has changed?

It seems like after this contract round everyone else have had. Spirit ought to have a massive cost advantage. What made Spirit all of a sudden not work while others are returning to massive profitability.
Reply