Not anymore. Latest communique says we do not expect to be profitable in 2025.

I said par as in what Geraghty said “our revenue needs to cover our operating expenses.” She didn’t say profitable.

Got some 2026 LEAPS just in case
I think it will be in the cards.
Alaska

Damn that's brave.

Last I’d heard we were expecting breakeven in 2025, no?

“In 2025, we expect to have a positive operating profit but still be unprofitable overall.”

From her weekly update email.

No, I know, I just quoted that 2 posts ago. I mean all the past year before the email from 2 days ago that I already mentioned. Whatever, nevermind, I’ve stopped caring.

In other words if it weren't for all the debt strangling us at 7%+ interest we would be profitable.

Meanwhile Delta just reported 12% operating margins.

I think a major downfall of anyone outside of the big 3 is the fact that Airlines have turned into financial institutions. Loyalty benefits, cobranded credit cards, frequent flyer programs, etc. These programs now bring a lot of revenue and offer upfront payment to the airlines for miles sold to institutions. Far outweighing ancillary fees which
Spirit was known for.

Now if you were to sign up for a credit card would you take a hard inquiry to sign up for TrueBlue, where one will always have to go through JFK or BOS or for a legacy card with lounge access and a global network.

I'm too lazy to look it up but does anyone have any idea how much the legacies make off their credit cards vs everything else? If for example airline credit cards were banned tomorrow, would the big 3 still show profit?