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Old 12-13-2024 | 07:41 AM
  #1023  
LifetimeCFI
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Originally Posted by zoooropa
This has to be a joke, right? Revenue isn't down. Per the most recent filing net income is UP for Q3 compared to 2023 and UP for the first nine months of 2024 compared to 2023. . As mentioned previously, company is forecasting double digit margins in 2025. Further, Frontier will not be "right where NK is" even if we get DAL +2% rates (not going to happen, just making a point). Spirit filed for a number of reasons...they were hammered by the powdered metal flaw worse than any other airline...their margins were running as bad as -30% quarterly...and they borrowed $3 billion dollars. Frontier has zero debt with the exception being aircraft pdp's and Frontier has the lowest CASM and even with a 50% raise in pilot hourly rates (again, not going to happen, just making another point) our CASM will still be at the lower end of the industry. Frontier doesn't have a CASM problem they have a challenge with RASM and industry events are helping solve the RASM challenge.
Just curious what you are referring to by "industry" events. Reductions in capacity?

If those double digit margins are coming, I would say credit must be given to those running the show. But also, FYPU
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