Originally Posted by
Stayontarget
The other problem is to say (not you saying it) Spirit is dead and there’s no chance. There is certainly a higher risk in staying right now but also a potentially higher reward. A merger/buyout would be more likely than ch. 7 IMO. Is the LC segment dead? No. Far from it. It has grown as a market segment some 500% since the legacies added the low cost seats. Now there are too many seats. Okay so now the LCCs are in the process of pivoting their business model just as the legacies have done in the past to compete with the LCCs. Let’s see how it plays out. If United is growing as much as you say then there should be no problem in getting a job when the time comes if it all falls apart.
I think Dave Davis said in the town hall that Spirit flew the most passengers ever in its history in 2024. Not dead, but definitely need to get the ship pointed in the right direction. We were our most profitable when we stayed in our own lane (and the legacies stayed in theirs). There was/is an addressable market, the problem for Spirit is that prior to 2015-16, we were the only ones doing it. Now everyone is, thus dividing up the revenue pie amongst everyone offering cheap tickets. We don’t have any other significant revenue streams, the legacies do.