Originally Posted by
zoooropa
Unrelated to SLB's but related to your post, comparing what Spirit is doing to what F9 is doing is futile and meaningless. We both fly airbus and we both operate a ULCC model. That is where the similarity ends. One turned another profit last quarter, one is operating at a negative double digit margin (with esimates going as low as -30% margin). One has zero long term debt (zero, only aircraft deliveries and PDP's which can be deferred), the other has more than $3 billion in debt. I could go on and on, but I hope you get the point.
Here’s another key difference discussed in some detail.
https://weekly.visualapproach.io/p/s...asm-casm-chasm