Originally Posted by
benzoate
Jetblue will be declared bankruptcy late this year or next. Will the government provide relative funding? Jetblue, Spirit, Frontier are all victims of their own management. The landscape changed to the big 3 between ‘08 and ‘13. The playing field has been set for over a decade.
jetblue was doing well and reinventing the industry and the industry adapted. Today, LCC’s and ULCC’s have failed to adapt and the big 3 continue to do so. When do the hand outs stop? Spirit has good people and one of the worst products in history? Can the collective state saving the flying octagon is good for the industry? 500 million delays Ch. 33 for spirit. At some point they have to charge prices that actually cover costs of operating.
A large reason B6 is in the position it is in is because of the mega mergers that make it impossible for smaller airlines to compete.
Heck we are beginning to see the cracks in AK armor now from their earnings and from the DB1B data we are starting to see DL gain ground in SEA.
While I’m not trying to absolve B6 management decisions over the years, it is disingenuous to say it is all their fault. The game is rigged.