Originally Posted by
Softpayman
Perhaps a little bit of everything?
Covid somehow seems to have reshuffled the deck. Where the little guys had real good balance sheets going into Covid, the big guys after being kept afloat came out stronger.
The legacies adding in pricing tiers (basic economy or whatever you want to call it) that mimicked Spirit pricing to better compete.
An economy that has been hurting the poorer people in the country via inflation.
Engine issues.
I think your economy statement is correct. Most Spirit passengers were the people living paycheck to paycheck. Inflation has decimated them and the Spirit model. The richer passengers have not shifted to Spirit as predicted.