A Frontier Merger is coming!
#91
[QUOTE=Excargodog;3151679]
Well, clearly The Big Three are in trouble with the lack of business and international flying and multiple fleet types. Way too many aircraft inappropriate for typical domestic flying sitting parked somewhere while their normal pilots are furloughed (or about to be) and their most expensive pilots (highest hourly wage and most vacation time) are getting the first new type rating they’ve gotten since they left 727s. I’m reasonably certain the LCC/ULCC model will be doing fine by Q2 2021, not 2019 numbers, but making money.
And while it is certainly possible for a Big Three bankruptcy to have ripple effects - and I personally believe it would - I think it woukd likely not hit the LC/ULCC people until contract amendable time.
now we can finally, after all these years ask the Legacy guys "goT Yer StufF in....."
Well, clearly The Big Three are in trouble with the lack of business and international flying and multiple fleet types. Way too many aircraft inappropriate for typical domestic flying sitting parked somewhere while their normal pilots are furloughed (or about to be) and their most expensive pilots (highest hourly wage and most vacation time) are getting the first new type rating they’ve gotten since they left 727s. I’m reasonably certain the LCC/ULCC model will be doing fine by Q2 2021, not 2019 numbers, but making money.
And while it is certainly possible for a Big Three bankruptcy to have ripple effects - and I personally believe it would - I think it woukd likely not hit the LC/ULCC people until contract amendable time.
#93
Gets Weekends Off
Joined: Mar 2008
Posts: 348
Likes: 0
From: Ca. CRJ 200
#95
That/It/Thang
Joined: Aug 2020
Posts: 3,501
Likes: 364
We aren’t in the early innings and I don’t believe that thought is shared with any reputable source. Spirit said today that they are happy with their balance sheet and are not seeking additional funding at this time. So do we need more government money to survive? There is nothing out there to suggest we do. In fact, not only did we profile better than expected numbers with positive trajectory, but another ULCC, Allegiant, also posted strong improvement and they feel that can be cash burn neutral by this quarter.
No offense but you have always had trouble grasping the fact that we are not the same as legacy carriers. Your previous contentions of “we fly the same planes as they do, we should make the same” doesn’t work for the same reason why you lumping us in with them now doesn’t work. We are different, different models, different revenue structures, different obstacles to overcome with Covid.
And I’ll throw rocks all day long. Those other airlines are out direct competitors, they would love to close up our shop tomorrow if they could. So if they have a hard time getting out of this, and that allows us to gain some share, gates and routes, that’s great for our airline and our careers. This kumbaya all airlines are in this together is great for a greeting card, reality is the airlines are one of the most, if not the most, competitive businesses out there. The victor gets the spoils. So here is hoping Spirit continues this upward trajectory and it puts us in a great position to take advantages of the strategic opportunities out there.
#96
On Reserve
Joined: Apr 2019
Posts: 57
Likes: 0
#97
Please people, be ‘humble’..... Karma is an absolute *****! While many of my friends smirked and made comments when I decided to come here, they are now reaping what they sow... I will be posting Facebook pics of my new sports car (yes, a real sports car), while they are furloughed. Karma is a *****, BUT, I am still waiting for my quid...
#98
That/It/Thang
Joined: Aug 2020
Posts: 3,501
Likes: 364
Please people, be ‘humble’..... Karma is an absolute *****! While many of my friends smirked and made comments when I decided to come here, they are now reaping what they sow... I will be posting Facebook pics of my new sports car (yes, a real sports car), while they are furloughed. Karma is a *****, BUT, I am still waiting for my quid...
#99
#100
Thread Starter
Gets Weekends Off
Joined: Oct 2017
Posts: 3,469
Likes: 44
Please people, be ‘humble’..... Karma is an absolute *****! While many of my friends smirked and made comments when I decided to come here, they are now reaping what they sow... I will be posting Facebook pics of my new sports car (yes, a real sports car), while they are furloughed. Karma is a *****, BUT, I am still waiting for my quid...
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