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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 |
Originally Posted by senecacaptain
(Post 3085768)
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 |
Originally Posted by nuball5
(Post 3085772)
No one is immune, but the LCC’s are still in better shape overall. Mostly due to how slow business travel will take to recover, plus International business.
If we have a greater exposure to that market than other LCCs/ULCCs, we will need to downsize more. |
Originally Posted by senecacaptain
(Post 3085768)
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 |
Originally Posted by Excargodog
(Post 3085754)
There are gonna be lots of barely flown and recently built NEOs freed up by the bankruptcies of European carriers. It wouldn’t surprise me if they could be picked up fairly cheaply. For that matter, interest rates are REALLY low. Ditching older CEOs on lease to get newer and more efficient NEOs might be a good thing. Even if you had to borrow money from the government and give them an equity interest in Spirit to do it. Your management damn sure ought to be shopping for discount parts in that market.
1. Whichever airline starts growing again before others (worldwide context) will find pretty sweet deals on brand new or barely used airframes 2. Oil prices will climb pretty fast as restarting production has a lag and several oil companies will go under. This will make NEOs even more attractive. Bottom line is, as we downsize don’t completely freak out if you see the company returning airplanes to lessors. We’ll be able to pick up new airplanes quickly when demand picks up again. |
Originally Posted by Tranquility
(Post 3085780)
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. |
Originally Posted by senecacaptain
(Post 3085768)
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
Originally Posted by 69fastback
(Post 3085782)
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.
Originally Posted by Tranquility
(Post 3085780)
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. |
Originally Posted by senecacaptain
(Post 3085768)
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 |
Originally Posted by doublebed
(Post 3085832)
With regards to B6 they approved a LOA that prevents furloughs until at least May 2021.
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Originally Posted by MainlineorSuici
(Post 3085909)
so can we do something like this, too?
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