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Old Today | 11:49 AM
  #477  
Midsomer
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Joined: Apr 2022
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Originally Posted by BenS
An oversupply of labor to available jobs is a downward pressure on wages....
Is it really an oversupply. The legacy and regionals could absorb all the NK pilots with planned hiring. However the downward pressure on wages will be the lower margins of the war effects and overall economic uncertainty.

I don’t root for spirits demise but the predict the fall of airline travel and further job losses on spirit being gone is unrealistic. Also I don’t think Cruz’s district alone would see 500 million impact from spirit’s demise. Show the math on that one please.

Finally what changes with a 500 million dollar investment? Does spirit cut deeper to make themselves smaller? That results in job losses also but as long as it doesn’t get you then that okay? The business fundamentals of spirit don’t work. While it may have in the past, the other carriers adapted while spirit didn’t. It’s a business model problem at spirit not a fuel problem. Fuel has only accelerated the fall.
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