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Q3 2023 Earnings

Old 11-12-2023 | 04:12 AM
  #181  
That/It/Thang
 
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Originally Posted by Halon1211
what? You did like that someone actually can up with an answer that an airline actually did close up shop? So you are now dismissing it because it happened before you were born so now it doesn’t count?

here then, another airline that closed up shop and went out of business in the United States;

Legend Airlines

https://en.m.wikipedia.org/wiki/Legend_Airlines

tell me you don’t like that answer and I’ll give you another airline.
These are not comparable airlines.

NK is 80% larger than Braniff was when it closed its doors and Legend, seriously? Legend was flying retrofitted airplanes that were RJ sized and were competing for business travel only. They had 7 planes, and hardly a “major airline” as Lincoln was talking about.

The best comp for an airline that had a fleet size close to NK, when it closed shop, is PanAm.

The point is, NK is not a small airline and you have to go back 43 years to find a “not a small airline” just going away.

TWA is a semi comparable for NK. It’s much smaller than NK is currently, but it had a large order book. Nevertheless, TWAs downfall took 20 years.

Last edited by CincoDeMayo; 11-12-2023 at 04:23 AM.
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Old 11-12-2023 | 04:29 AM
  #182  
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Originally Posted by CincoDeMayo
These are not comparable airlines.

NK is 80% larger than Braniff was when it closed its doors and Legend, seriously? Legend was flying retrofitted airplanes that were RJ sized and were competing for business travel only. They had 7 planes, and hardly a “major airline” as Lincoln was talking about.

The best comp for an airline that had a fleet size close to NK, when it closed shop, is PanAm.

The point is, NK is not a small airline and you have to go back 43 years to find a “not a small airline” just going away.

TWA is a semi comparable for NK. It’s much smaller than NK is currently, but it had a large order book. Nevertheless, TWAs downfall took 20 years.
I am not sure what Halons point is. In the other thread he is arguing about how great Spirit is, and how it has an industry leading contract, in this thread he is trying to argue that Spirit is going to dissolve? In my mind those statements both have about the same amount of truth to then, (not much).
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Old 11-12-2023 | 04:47 AM
  #183  
That/It/Thang
 
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Originally Posted by Tornado875
I am not sure what Halons point is. In the other thread he is arguing about how great Spirit is, and how it has an industry leading contract, in this thread he is trying to argue that Spirit is going to dissolve? In my mind those statements both have about the same amount of truth to then, (not much).
Halon is on the “spectrum” and I’m pretty sure he eats the hotel pens left in the flight deck
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Old 11-12-2023 | 06:03 AM
  #184  
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Originally Posted by Tornado875
I am not sure what Halons point is. In the other thread he is arguing about how great Spirit is, and how it has an industry leading contract, in this thread he is trying to argue that Spirit is going to dissolve? In my mind those statements both have about the same amount of truth to then, (not much).
I’m not arguing that spirit is going out of business. Somebody said that it’s never happened before and I just pointed out that it was.

Are you seriously trying to argue because something happened 40 years ago, means that it can’t happen again?

and Braniff wasn’t a small airline either. They had a large presence.
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Old 11-12-2023 | 06:07 AM
  #185  
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Originally Posted by CincoDeMayo
Halon is on the “spectrum” and I’m pretty sure he eats the hotel pens left in the flight deck
Weak……

filler
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Old 11-12-2023 | 06:49 AM
  #186  
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Originally Posted by CincoDeMayo
These are not comparable airlines.

NK is 80% larger than Braniff was when it closed its doors and Legend, seriously? Legend was flying retrofitted airplanes that were RJ sized and were competing for business travel only. They had 7 planes, and hardly a “major airline” as Lincoln was talking about.

The best comp for an airline that had a fleet size close to NK, when it closed shop, is PanAm.

The point is, NK is not a small airline and you have to go back 43 years to find a “not a small airline” just going away.

TWA is a semi comparable for NK. It’s much smaller than NK is currently, but it had a large order book. Nevertheless, TWAs downfall took 20 years.
43 years??1991,32 years,eastern.
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Old 11-12-2023 | 07:26 AM
  #187  
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The government should be sponsoring Spirit with all the cash they’re using to block the merger with JetBlue. We could become an arm of the military when it comes time to transport all the right wingers to the famed FEMA camps. If the government wants us as a stand alone airline so badly, surely they plan on bailing us out if the merger fails. We could become the premier government subsidized airline, kinda like the subsidized Houston Katrina apartment I lived in back in the day.
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Old 11-12-2023 | 07:29 AM
  #188  
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Originally Posted by GPullR
43 years??1991,32 years,eastern.
AND

although MidWest Airlines technically “merged”, the pilots were laid off and assets were liquidated. This was in 2010.
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Old 11-12-2023 | 10:57 AM
  #189  
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Originally Posted by Halon1211
I’m not arguing that spirit is going out of business. Somebody said that it’s never happened before and I just pointed out that it was.

Are you seriously trying to argue because something happened 40 years ago, means that it can’t happen again?

and Braniff wasn’t a small airline either. They had a large presence.
Where did I say it never happend? Reading is hard.
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Old 11-12-2023 | 05:22 PM
  #190  
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Originally Posted by Lincoln Osiris
Where did I say it never happend? Reading is hard.
You didn't. The airline and economic landscape today is much different than it was 20-40 years ago. Any comparisons to Pan Am, Eastern, etc don't fit the times. There are fewer airlines and less competition.
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