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AllOva736 02-26-2020 06:43 PM


Originally Posted by Qotsaautopilot (Post 2984899)
How about spirit specifically? We are falling with the other airlines and we have zero Asia exposure.

Southwest also went from $56 to $48 in a few days with no Asia exposure. Just the way things go sometimes

DrSteveBrule 02-26-2020 06:58 PM

because we go to the same airports and the fear of people getting sick in airports is real. People just dont wanna be in a tube with sick people. peoplen dont wanna open boxes with corona from china in them. people dont wanna have corona laced cruiseship buffet. SAVE may be headed for 28.


Im printing tendies.

Qotsaautopilot 02-26-2020 08:29 PM


Originally Posted by DrSteveBrule (Post 2984911)
because we go to the same airports and the fear of people getting sick in airports is real. People just dont wanna be in a tube with sick people. peoplen dont wanna open boxes with corona from china in them. people dont wanna have corona laced cruiseship buffet. SAVE may be headed for 28.


Im printing tendies.

have we seen a decrease in bookings I’m not aware of. Has the company released guidance to the public of corona related issues. I ask because the other airlines have. They fly to China and have stopped which has a real affect on income. So far seems like business as usual at spirit so the plummeting stock seems excessive.

gringo 02-26-2020 11:10 PM


Originally Posted by Qotsaautopilot (Post 2984945)
So far seems like business as usual at spirit so the plummeting stock seems excessive.

Meh. Par for the course.

Remember that earnings call where we missed by something like 0.00007% and the stock dropped some $13?

Good times.

Haters always gonna find a reason to hate, but soon all their base will belong to us so it won’t matter.

HODL.

Balker 02-27-2020 07:08 AM


Originally Posted by Qotsaautopilot (Post 2984945)
have we seen a decrease in bookings I’m not aware of. Has the company released guidance to the public of corona related issues. I ask because the other airlines have. They fly to China and have stopped which has a real affect on income. So far seems like business as usual at spirit so the plummeting stock seems excessive.

It will hit us. Panic it’s like a small fire inside a fireworks’s warehouse. There’s a good change corona virus fears will extended into late spring, which would take a severe hit on the summer leisure travel season, our bread and butter.
I want to stay optimistic, but I don’t think this will be a good year for us.

DrDHD 02-27-2020 08:10 AM

Spirit Has Virus Protection -- Market Talk
11:20 AM ET 2/6/20 | Dow Jones Related Quotes 12:08 PM ET 2/27/20 Symbol Last % Chg SAVE 31.82 -3.34% Real time quote.

11:20 ET - Spirit Airlines CEO Ted Christie says coronavirus isn't hurting demand, but the airline has contingency plans should there be any domestic outbreak. Spirit has 27 "unencumbered" jets, which are easier to park without seeking backing from lenders, and it's leisure-focused network can be rejigged faster than network carriers more reliant on business passengers. The biggest current headwind is potential Airbus jet delivery delays in 2021. ([email protected]; [MENTION=27313]Doug[/MENTION]cameron)

from the conference call 2/6

badtransam97 02-27-2020 08:57 AM

So I’m curious how this will affect hiring plans(65/mo) and growth? I would assume one could plan on RSV times getting much longer for a new hire as well?

Qotsaautopilot 02-27-2020 09:02 AM

Jetblue waiving change fees over corona is going to spread panic. No Asia flights and they pull this ****

Excargodog 02-27-2020 09:04 AM


Originally Posted by Qotsaautopilot (Post 2984899)
How about spirit specifically? We are falling with the other airlines and we have zero Asia exposure.

Caribbean and Central America exposure. Short term it may get worse but 18 months out it will all be over. Nobody does well at guessing the bottom. If you are a buy and hold person it’s probably time to start dollar cost average buying.

Qotsaautopilot 02-27-2020 09:14 AM


Originally Posted by Excargodog (Post 2985186)
Caribbean and Central America exposure. Short term it may get worse but 18 months out it will all be over. Nobody does well at guessing the bottom. If you are a buy and hold person it’s probably time to start dollar cost average buying.

is it in Latin America now? I haven’t been keeping up. I know it’s a number of countries but I’ve mostly been hearing Asia and Italy

I’ve been cost averaging until we started our slow climb back into the 40s. Problem is now I’m more overweighted to spirit so I’m having trouble rationalizing putting more money in now. I’m long on the company but this isn’t my 401k so my horizon isn’t far out. Probably won’t need the money near term but you never know

anyone remember the market history on SARS. How far was the fall on the market and how long was the recover to get even?


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