Dude this is not a 2 or 3 month problem. Even if the virus started to disappear tomorrow. We are still in a recession

Dude, this is not a standard recession. I have no doubt that this will take time to recover from and that the average Spirit passenger will be disrupted from their travel plans. I also have no doubt that Spirit is better suited than most to weather a more normalized recessionary economy than most. And that’s what you’re staring at when this episode is over. One that has everything in place to recover quickly as it was humming along nicely before this.

I don't expect some 100% snap back by August. But all those places that are abandoned right now will be offering killer deals to get people back on property, and people who were just cooped up for several months will be wanting to travel.

You are deluding yourself. People who have been cooped up will be on unemployment. Most Independent restaurants will go belly up by the end of the summer.

There is a reason that SAVE stock is down the most. Most of SAVE passengers are the ones that will be hurt the most in this downturn.

The entire country will be in a lot of trouble if this is still going on by the end of the summer. Much less so if this is largely over by June.

This is will be a drag on the economy, but saying everyone who is cooped up will be on unemployment is just plain hyperbole. And the average SAVE passenger won’t mean much when the music restarts. Demand and who is willing to fly for what price point is going to be all over the map. That’s like saying the Legacies will recover quickly even though much of the convention/show season is passed, businesses will find other ways to communicate with clients and those businesses themselves will be coming off a three month survival period.

There’s no modeling for this. I don’t really care what’s Wall Street thinks will happen on a day to day basis. Tracking stock values on a day to day/week to week basis is setting yourself up for high drama.

Because everyone remaining will simply jump back on the full-fare bandwagon after this?

Thats not how it works.

Maybe a good portion of our current clientele won’t be traveling after this, but there’s a large portion of Delta and United and American clientele who will need to, but won’t be interested in overpaying for the service.

Did Wal-Matt go out of business during the last recession? Or did the Macy’s/Whole Foods crowd ship there instead?

Spirit is well positioned to thrive once this crisis is over.

Wrong.

A recession provides for even more price conscience spending. People go to Walmart, not Target. Chipotle, not a sit down restaurant, and people
will be prioritizing cheap airfare over legroom and carry on bags.

It’s exactly why our business model changed around 2010 to model Ryanair. Ryanair survived one of Europe’s worst recessions.

I wouldn’t be surprised that this virus will be the impetus to the death of the business traveler in the future. As companies adjust to conduct business by digital means and see that the travel of their employees is not totally necessary those budgets will be cut over time. Companies can save millions by not shuffling their employees around the globe if they don’t need to. Think email vs mail, text vs talk. Sometimes all it takes is a big event or push for something to change forever. I think the business models of many airlines will be in jeopardy in the future. This whole mess may have just started that trend earlier than expected.

That’s what a lot of people were saying in 08-09 recession too but it always comes back.

This. That day will eventually come, but it’s not here yet. There’s still a lot of value in being able to put actual eyes on products, properties, potential business partners and competitors. And there’s still a lot of benefits from actual interaction humans you’re working with when they’re located two states over or on the other side of the globe.

Maybe, but if you don’t think technology isn’t going to effect the way business’s operate in the future you’re being very short sighted. People will still travel for leisure but business’s are always adapting to the cheapest means to conduct it.

Business traveler love their business dinners and going out for drinks on the road to much to completely give that up.

Yup and still a lot of old school clients that need the handshake and in person visit.

Especially when they’re not paying the bill!

I hope the generations coming up feel that way, but they don’t even talk to each other anymore. Look around when you’re out. People glued to their phones and whatever shiny object they can communicate with.

Email has been around since the 90’s but we still have meetings. Skype at least 15 years and we still send people to close a deal. Online retail is a part of everyday life, but the dot com fiasco showed that the world wasn’t ready to move all business entirely online. Sure I can get groceries delivered, but I want to choose my cut of meat and select my produce. I can finance and purchase a car online, but I still want to sit behind the wheel. The reason have size 34-36 pants and M-XL shirts in my closet is not due to holiday weight gain, but the fact that not all clothes were made to suit me. Anything a salesman can tell you can be read on a website, you can ask a candidate any questions over the phone that you can in person, but we still do live interviews. And is there a single person on the planet who doesn’t know what Coke is? Still they spend untold billions on advertising.

The answer is human psychology. Businesses race to streamline and cut costs, but that freight train slams into the side of a mountain when the average person isn’t ready to adapt to what is most efficient or cost effective. Business is still done in person, and I don’t see that changing fundamentally from this virus driven economic slowdown.

In the wake of so much speculation both good and bad, finally a statement of fact emerges :D

Valid point. “Social distancing” has already become the norm with many of that generation. Still amazes me when I see 2 people out for dinner and both have phones in front of them.

Oh the good ol days....

[QUOTE=RemoveB4flght;3001215]Email has been around since the 90’s but we still have meetings. Skype at least 15 years and we still send people to close a deal. Online retail is a part of everyday life, but the dot com fiasco showed that the world wasn’t ready to move all business entirely online. Sure I can get groceries delivered, but I want to choose my cut of meat and select my produce. I can finance and purchase a car online, but I still want to sit behind the wheel. The reason have size 34-36 pants and M-XL shirts in my closet is not due to holiday weight gain, but the fact that not all clothes were made to suit me. Anything a salesman can tell you can be read on a website, you can ask a candidate any questions over the phone that you can in person, but we still do live interviews. And is there a single person on the planet who doesn’t know what Coke is? Still they spend untold billions on advertising.

The answer is human psychology. Businesses race to streamline and cut costs, but that freight train slams into the side of a mountain when the average person isn’t ready to adapt to what is most efficient or cost effective. Business is still done in person, and I don’t see that changing fundamentally from this virus driven economic slowdown.[/QUOTE=

I couldn’t of said it better myself!

I agree with you as far as closing the deals and business travel will continue, but at what capacity. My friends and family that do travel for business have all been told the same thing from this outbreak all non-essential travel will be put on hold till further notice.

What I’m getting at is what is that non-essential travel. Will that completely return if they see it wasn’t necessary. I don’t know. I hope so but if you don’t adapt you’re left behind. Ie.. ma and pa store vs Walmart vs Amazon. Going to the bar to find that next date or swiping away on your phone.😜 Strange times for sure. I just hope this thing isn’t a spark that starts a fire. Probably just thinking to hard. Or not thinking! Haha. Now to get back to stealing more hotel toilet paper!

Im in line with your thinking. While we will lose some customers we will also gain some customers who are more price conscious than before.

At least we won’t have to deal with the business traveler losses. That’s how the legacies are able to somewhat keep the economy price reasonable.

I have a solution to get travels back on Spirit flights!

Offer free Corona Beers!! We will call this the Corona (Virus) Special. This will go well with our clientele.

I actually do think I hear crickets 😂

Its actually pretty funny because our old CEO, Baldanza, loved tacky and crude advertisements. So I could totally see him making and ad that was along those lines.

We're already selling tickets for less than a round of Coronas. That can only go on for so long.

Bought in at 7.50. Did the same with UAL at 18.00. Will find out in a few years if the kids will go to private school or home school. (Nothing wrong with either)

Banking on a bailout. Probably not smart but I missed out buying CAL for pennies after 9-11.
The liquid courage helped me pull the trigger...excuse me while I go throw up now.

not a bad move...but I would of waited another couple of weeks. This thing is going to keep sliding down hill before it goes up.

I bought SAVE around $23 and thought I was happy until it slid to $10 and now it’s around $8

plus if you wait, you have a better chance of knowing if we are really going to pull through (which I think we will)

I believe we will see another $2 drop over the week. The bottom is near...and I agree we will survive.

Are you kidding. When this is over people this summer will be wanting to go somewhere. And seeing how most people will have maybe an extra &500 for a vacation they aren’t going to pass off on those $9 dfw-myr flights. I’ll be one. Just let me jumpseat. I’ll buy seats for the kids and wife in back. And not those expensive BIG seats either. And we are bringing our own M&Ms and Cup O Noodles.

Bailouts are for big airlines that people don’t hate. No one will be offering us money, in general the public hates us and will not be sad to see us go the way of the Dodo.


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Kindly stow that loser BS.

[QUOTE=flyingpuma1;3002850]Bailouts are for big airlines that people don’t hate. No one will be offering us money, in general the public hates us and will not be sad to see us go the way of the dodo

F9 guy. I hope I’m completely wrong, but I feel that this is true for us as well.

in a letter to employees earlier today the delta ceo said they were in talks with the government for relief, which they felt was coming.

In our letter today from our ceo, he included a link to look up our representatives, and asked us to contact them for assistance with an airline relief bill.

Big difference.

[QUOTE=Herewegoagain;3003445]That’s complete horse manure. EVERY airline should have access to their portion of grants/loans should they decide to take them. It’s only fair.

[QUOTE=WHACKMASTER;3003633]why?
how many of your routes are unique?

[QUOTE=WHACKMASTER;3003633]the airlines didn’t cause this, and were financially ready to handle a downturn. The government won’t be picking winners and losers with this.

As of 03/19

SAVE: $8.53
JBLU: $7.48
AAL: $10.61 (hit $10.01)

what kind of question is that? Here in the US most airlines don’t have many “unique to them” routes.
if unique routes were the measure Allegiant would be king of the bailouts.

you quoted wrong person WHACKMASTER didnt ask that pointless question

Thanks, fixed it.

[QUOTE=FNGFO;3003650]
They did after 9/11, and they will again. Sure, I hope I’m wrong because I’d still like to have a job, but I’ve been around long enough that I’m not optimistic.


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