Originally Posted by
ginntonic
True. But we did have significant volume associated with the uptick in price, which I view as a positive.
Whether or not that interest is sustainable remains to be seen, which aligns with the hold recommend you pointed out.
(SAVE, DAL, UAL under normal volume averages.)
I think if SAVE numbers are bad tomorrow, it will likely boost Frontier as well. Believing that you could be the only significant ULCC left standing would likely cause short term money interest. Even if people don't believe in it for the long term, their money goes where they think it can make money this week/month/year (prob in that order)
If Spirit's numbers are so bad that the Bankruptcy discussion starts again, it will be interesting to see which of the other carriers get the biggest bump. This is where it is tough to watch as a pilot as you see some folks getting screwed for situations way beyond their control. I hope for the best for all pilots, but it does not look so good right now for some. Careful not to rejoice in others misery (not saying anyone here is doing that) because you may be the one in misery in the next cycle.
I flew with a Captain back at TWA who told me an interesting story. Said he had a job offer from TWA, UA, and AA in 1967. It was the easiest decision he ever made. It was totally wrong, but the easiest decision he ever made!! Then had a Captain at UA on our jumpseat who got shot down by both TWA and Pan Am in 1967, so he had to go with lowly United. Every one of his squadron mates in the AF no lie pittied him. Fast forward not quite 30 years and on the first 777 bid available at any airline in the world he was a 777 Cap!
You'll know when you retire which of your decisions were good and which were bad. Remember, that bad piloting can ruin an airline, but good piloting can't save it from bad management!