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UAL CEO On Spirit & Frontier

Old 10-18-2023 | 09:55 AM
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Default UAL CEO On Spirit & Frontier

Not saying I agree. Kirby on Frontier & Spirit. They need to change their business model or they are going out of business.

Discussed a few times throughout video, but most specifically about 30 seconds before the end.

https://stocks.apple.com/AlVxwJILwTqCMNrbBFw8d9A
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Old 10-18-2023 | 10:07 AM
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Originally Posted by 500RVR
Not saying I agree. Kirby on Frontier & Spirit. They need to change their business model or they are going out of business.

Discussed a few times throughout video, but most specifically about 30 seconds before the end.

https://stocks.apple.com/AlVxwJILwTqCMNrbBFw8d9A
He’s not wrong
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Old 10-18-2023 | 11:40 AM
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Originally Posted by 500RVR
Not saying I agree. Kirby on Frontier & Spirit. They need to change their business model or they are going out of business.

Discussed a few times throughout video, but most specifically about 30 seconds before the end.

https://stocks.apple.com/AlVxwJILwTqCMNrbBFw8d9A

Just the other day, United was ****ting bricks when frontier and NK were in the talks.
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Old 10-18-2023 | 11:48 AM
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Originally Posted by 8JRMfortheyear
Just the other day, United was ****ting bricks when frontier and NK were in the talks.
GMAFB



Filler
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Old 10-18-2023 | 12:15 PM
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Originally Posted by 500RVR
Not saying I agree. Kirby on Frontier & Spirit. They need to change their business model or they are going out of business.

Discussed a few times throughout video, but most specifically about 30 seconds before the end.

https://stocks.apple.com/AlVxwJILwTqCMNrbBFw8d9A
Reminds me of the Office episode when Michael starts the Michael Scott Paper Company. He brings an accountant in to “crunch the numbers”
and Michael can’t understand why they are losing money, “we have the lowest prices in town,” and the accountant replies “and that’s the reason you’re going out of business”

The model needs to change to be competitive. I think all the eggs are currently in a blue basket right now.
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Old 10-18-2023 | 02:53 PM
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Originally Posted by 500RVR
Not saying I agree. Kirby on Frontier & Spirit. They need to change their business model or they are going out of business.

Discussed a few times throughout video, but most specifically about 30 seconds before the end.

https://stocks.apple.com/AlVxwJILwTqCMNrbBFw8d9A
SK is a professional gaslighter. This has worked on the United pilot group because they WANT to believe everything is sunshine and rainbows. Turns out investors don’t drink the kool-aid which is why United’s stock is down 10% after this statement by Kirby. That’s a serious haircut after earnings.
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Old 10-18-2023 | 03:12 PM
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Originally Posted by LAXtoDEN
SK is a professional gaslighter. This has worked on the United pilot group because they WANT to believe everything is sunshine and rainbows. Turns out investors don’t drink the kool-aid which is why United’s stock is down 10% after this statement by Kirby. That’s a serious haircut after earnings.
The drop was not in any way connected to that statement. Increasing labor costs, fuel costs from Middle East conflict and largest exposure to TLV traffic of any U.S. carrier were the reason for that drop. What has Kirby been incorrect about in the past? Seems like he’s been very good at navigating the changes in the industry.
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Old 10-18-2023 | 04:44 PM
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Im pretty old now.. i remember being around for a few recessions/downturns. Everytime the legacies get hurt the most. When things get bad, people are just not going to be paying $1k-$1,500 for airfare. Many survey's have gone out throughout the years... product was never really the main thing for the consumer during "bad times" it was always lowest airfare. Most people as they lose their jobs and struggle financially will pay $200-$400 for airfare over $1k
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Old 10-18-2023 | 04:51 PM
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Originally Posted by Bluesteal
Im pretty old now.. i remember being around for a few recessions/downturns. Everytime the legacies get hurt the most. When things get bad, people are just not going to be paying $1k-$1,500 for airfare. Many survey's have gone out throughout the years... product was never really the main thing for the consumer during "bad times" it was always lowest airfare. Most people as they lose their jobs and struggle financially will pay $200-$400 for airfare over $1k
Sounds like we have nothing to worry about then. As long as the bad times last forever.
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Old 10-18-2023 | 05:41 PM
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Originally Posted by 500RVR
Not saying I agree. Kirby on Frontier & Spirit. They need to change their business model or they are going out of business.

Discussed a few times throughout video, but most specifically about 30 seconds before the end.

https://stocks.apple.com/AlVxwJILwTqCMNrbBFw8d9A
i don’t think he was wrong about any of what he said. Should be the opening argument at the merger trial.
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