SAVE earnings- 7/22 415pm
 

7/22 - 415pm earnings report
7/23 @10am earnings call

Good or bad? We will find out soon!

Not going to be good...question is how bad?

4 million a day at the last one with 50 flights a day, so hopefully better than that.

Agreed good is a relative term right now.


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Could be worse. Seems to be status quo with all other information we have received. Fluff with mixed signals. [emoji23]


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Could be worse, but not by much.

Average loss of $1.6M a day seems pretty acceptable given the circumstances and the fact that we were losing $4M a day for a significant portion of that time.

Is it just me or did spirit have to pay significant deferred taxes this quarter? Talk about bad timing.

UAL and DAL showed a reduction in losses with adjustments, SAVE showed an increase in losses.

Yup. And how about (yes our salaries were subsidized), we essentially broke even in June flying what? Barely 300 flights a day? Things could be far worse.

Agreed....just wish people would have behaved from the start and we could have had a strong July. We've went from a potentially strong q3, relatively speaking, to a junk q3 in a couple of weeks time. Needed those throughputs to be clearing a million by now. Instead, daily passenger numbers are regressing. So frustrating.

This is just the tip of the iceberg. I’d definitely have a plan of some type starting October 1. If things actually get better, nothing lost. But if they don’t get better, I wouldn’t want to be caught with my pants down. I speak from experience lol. I’m trying to stay positive, but it doesn’t look good to me

Hope everyone has done their call to action about extending payroll support through spring. If we could get protected until then, and a vaccine comes out on schedule, things might just work out

Wait for the call tomorrow - should provide insight going forward my opinion

I just don’t see people really caring about extending our $100-$300k job protection pay so we can pretty much just sit around and do nothing.

It still would have been fits and starts as it is now. Maybe just mellowed somewhat. There’ll be another lessening of the curve and people will start equating the fact that cases don’t create a 1 to 1 ratio of serious complications or death. And passengers will travel again.

School isn’t happening this fall either no matter how much it probably needs to so that impediment to travel will be lifted.

I would bet late September to October starts looking more like July, and people go ahead and travel relatively hard again for Turkey Day/ Christmas. And then we’ll probably see another increase in infections and so forth.

More therapeutics and a vaccine would do wonders right about now.

Just me spitballing.

who cares what anyone thinks. It takes 5 seconds to send. Send it!

Airlines employ (or used to employ) almost 700,000 people. So neither party wants to be the one to say “no” and **** off 700,000 voters in a presidential election year, notwithstanding whether or not the general public likes it.

Doing my part to help out :D


https://i.postimg.cc/zX41NQJY/8-C2-C...A8-CF397-C.png

FYI, buy your tickets at at the ticket counter, you’ll pay less fees, and sometimes you’ll fine “penny fares” thats not advertise on Spirit’s site.

FWIW, those of us in danger are only doing about 50K a year ;)

Goal posts moved again, surprising I know ....

No vaccine to prevent the flu, the cold, HIV or the Chicken Pox. Now we hear that a vaccine will not end Covid from the esteemed Dr. Fauci and the void of credibility CDC. Que Gomer Pyle, "surprise, surprise, surprise"!!!

I'm starting to get a feel for those on this board that hate the results of 2016 so much that they hope for more Covid deaths every day.

Encouraging that we were near “break even” in June.

Except for the 50 million, and the fact that the cares act covers a majority of payroll.....


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The whole industry is in trouble. This is just the beginning if capacity doesn’t return. So it doesn’t matter where you are sitting.

Ha hey i lost my job and cant pay my bills, but at least orange man is gone. Gtfoh with that tin foil hat stuff. There's what you want to be true, and then there's reality. Come back to it.

I don’t know, I think he might be on to something. You don’t think there is a direct correlation at the national level with having a lockdown, mandating masks and seeing people fined or arrested for disobeying those orders by governors yet there is a whole set of different rules if you are out doing the BLM thing, “peacefully” demonstrating, destroying and defacing property, no mask or social distancing required because it fits the narrative of the blue states?

People keep lumping HIV into the no cure bucket, but it is largely treatable these days.

Regardless, we don’t need a silver bullet. Just therapeutics etc. that whittle this thing down to nuisance levels.

No. There is no different set of rules. The rules are the same for everyone in every situation. The difference is those who follow the rules and those who do not. I dont see a political line there, as you yourself detailed that both leftys and rightys arent playing by the rules. You do know plenty of rioters have been arrested. Protesters can protest, but those caught vandalizing or worse were absolutely arrested when able. That said, the police knew they were outnumbered and played the situation correct. Why send people into a situation that was not going to be controlled and could potentially result in the injury or death of an officer? Enforcing mask mandates is not as inherently dangerous as a large crowd with weapons. Also, i have not yet heard of any anti-maskers being swept off the streets by secret police into unmarked vehicles.

“There is no different set of rules. The rules are the same for everyone in every situation. The difference is those who follow the rules and those who do not.“

That’s naive. Who do you think isn’t following the rules? The majority of the violence and not obeying rules is from the left. Governors and mayors of blue states ordering police to not arrest. Big difference than someone refusing to wear a mask.
People’s livelihoods and life savings are being destroyed because they can’t operate their business in a major city with their windows being smashed and place looted.

Im not really sure about your point? The original topic was spirit making 130m in revenue versus 1.1 billion last year, 44% of which was revenue from people forgetting to cancel or rebook. Somehow now because some people believe everyone should wear a mask and things arent good, that is obviously rooting for our company's failure in order to throw an election. Just sounds stupid. We're pilots. We like money.

You should try the periscope app. You'll see plenty of libs getting beat down and arrested in blue states on that.

[QUOTE=DrSteveBrule;3097582]Im not really sure about your point? The original topic was spirit making 130m in revenue versus 1.1 billion last year, 44% of which was revenue from people forgetting to cancel or rebook. Somehow now because some people believe everyone should wear a mask and things arent good, that is obviously rooting for our company's failure in order to throw an election. Just sounds stupid. We're pilots. We like money.

You should try the periscope app. You'll see plenty of libs getting beat down and arrested in blue states on that.[/QUOTE]

Ok, I might enjoy that! 😂

Here we go again. Anyone who thinks the existence of this virus is to throw the election needs a reality check (although I’ll admit that’s certainly CNN’s goal).

amazing how this is the only civilized country in the world that has turned the virus into a political issue, let alone one that makes our 2 parties hate each other more, rather than work together to beat it. Maybe that explains why our recovery is doing horrible compared to all of Europe/Asia

Thats pretty naive as well. This thing is being used and politicized everywhere. We just happen to be in an election year with a polarizing president.

Yeah too many people watch too much television, especially 24/7 'news'. That's the truth.

source please

Regardless of who you might have voted for in 2016, if you still don’t understand how epically inadequate the response to Covid-19 is and has been by President PersonWomanManCameraTV than you have your head buried in the sand.

Hey stocks up 5%...

Or it could be that COVID 19 is simply that bad a bug, and that in comparison to other Western countries that have reliable reporting, we really aren’t doing that bad in the only truly meaningful category, the death rate due to the illness:


https://i.ibb.co/cF3ZdmJ/18-BC4218-8...DCD264-DEC.jpg

You can work google as well as I can. “Covid Politicized <enter your country of choice>” and you’ll get hits on the subject for that nation.

Seriously, politicos are politicos everywhere, and whatever dirtbag you’d rather have in office over the current one would be politicizing it too despite some naive thought of united politicians for the greater good.