Quote:
Originally Posted by senecacaptain
my understanding / belief was the LCC model was "more immune" to this than the Legacy model.
I wonder what is going on at Frontier, Sun Country, Jet Blue, Allegiant, etc (in regards to possible furloughs)
good luck guys
Quote:
Originally Posted by 69fastback
and they are, to an economic downturn, but that’s not what this is. The destruction of our economy is a side effect of a global pandemic. This isn’t 2008, and the situation isn’t the same.
Exactly, in a conventional recession the business travelers and spendy pax might have to tighten their belts and fly an LCC. Although the economy has undoubtedly taken a hit, it's largely waiters and waitresses who took the brunt of it. Wealthier travelers still have the money to fly the legacies, or they'll just skip it altogether and do a Zoom meeting. Problematically, it's largely that confidence in air travel has dropped among every socioeconomic demographic.
Quote:
Originally Posted by Tranquility
Our international capacity was roughly 15%, which Id bet is higher than Allegiant, and Frontier. I have no idea about JetBlue...
If we have a greater exposure to that market than other LCCs/ULCCs, we will need to downsize more.
It was mentioned that the tourist-centric destinations we often serve will tend to open up faster than the more businessy international destinations served by the legacies. Further, supposing San Pedro Sula or wherever takes a while to open up, who's to say we can't repurpose that aircraft to bolster current domestic destinations
or add low hanging domestic fruit we've been eyeing for a while? I feel like Spirit would do well in SAT, ELP, and ABQ.