DrJekyll MrHyde has experience behind him/her and is quite realistic on this.

Frontier earnings are important but so is remaining here and being prepared for when the broader economic cyclical changes come home to roost. Keeping costs low and offering an option for a better product should help drive revenues higher. Obviously WiFi at this point is something that most customers expect to have access to. If it is $2.5-$5 per device a significant percentage of passengers would purchase it if it’s $10 or up that would probably drop off a bit.

The point being prolonged financial pressures are generally not beneficial for the legacy carriers. They don’t want high percentages of each flight having to be sold at basic economy pricing. A recession is not completely out of the question. The WSJ believes we are heading that way. Corporations don’t love business environments that change daily or weekly. Some corporations gave 2 sets of forward estimates or didn’t provide any at all. When faced with uncertainty Corporations clamp down. When families are uncertain about what lies ahead they clamp down too. People with less means clamp down sooner. Being here to fly people around for a low price has historically been a good business to be in when times are tough. When times are tough people will really hunt for the lowest price.

Just an opinion YMMV. I’m old.