So how’s this gonna work out?
03-30-2024 | 10:30 AM
#81
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Joined: Mar 2023
Posts: 643
Likes: 73
I’m gonna guess you have no idea how many people “have” to fly Spirit. Would you be offended if someone called you poor? The majority in this nation don’t even make a 3rd of what you do. If you’re a pilot that is. Being part of the upper middle, can skew one’s view of what’s affordable.
03-30-2024 | 04:27 PM
#82
On Reserve
Joined: May 2012
Posts: 53
Likes: 2
From: Baggage compartment, C172
This. The ULCCs need to make money on their seat sales and their ancillary fees. The legacies ostensibly do not have to make money on their economy and basic economy seats. The majority of their revenue comes from loyalty programs and premium seats. The legacies are free to match ULCC pricing whenever and wherever they please. The last few years have shown that people will vote with their wallets in favor of the legacies in numbers that have made it extremely challenging for the ULCCs to compete in a meaningful way.
03-30-2024 | 05:41 PM
#83
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Joined: Sep 2014
Posts: 691
Likes: 37
Still not enough if that’s going to continue to be our target market. We need more people that buy tickets on airplanes to choose spirit. We don’t have that hence why we don’t make money. To get people to fly on us we have to sell tickets at a loss and hope to make it up scamming them with fees later. It’s not happening. Planes are fulliah but still not profitable. We need more demand so we can raise prices. Except when we raise prices demand goes down when you sell a garbage product. You have to make it up in customer service like southwest does. We think we can yell at people and have them waiting a half hour for a gate and an hour for their bags. Not going to work.
Last edited by 8JRMfortheyear; 03-30-2024 at 05:51 PM.
03-30-2024 | 06:13 PM
#86
On Reserve
Joined: Mar 2017
Posts: 178
Likes: 36
03-31-2024 | 03:49 AM
#88
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Joined: Dec 2022
Posts: 1,372
Likes: 141
The model is flawed. You need to have a diverse product line like the legacies or be extremely efficient and heavy on customer service We don’t check any of those boxes. They’ve had 5 years now to tack and they’ve done nothing but blame outside circumstances
Last edited by Noisecanceller; 03-31-2024 at 04:33 AM.
03-31-2024 | 07:37 AM
#89
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Joined: Mar 2023
Posts: 643
Likes: 73
They probably couldn’t do much, they rely on folks that want to go the cheap route. It could be that the US market is just bad for the ULCC model. In Europe and Asia, ULCCs are like regionals where the pilots make like 3k a month. I think they rebrand and start full service or just get smaller and focus on profitable routes.
03-31-2024 | 07:57 AM
#90
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Joined: Nov 2015
Posts: 1,877
Likes: 199
I don’t think so. We have upped our utilization back to about 13hrs which is where it was during the profitable days. This Pratt thing makes no difference now that they have a settlement. We don’t make money on the fleet that is currently flying at peak utilization
The model is flawed. You need to have a diverse product line like the legacies or be extremely efficient and heavy on customer service We don’t check any of those boxes. They’ve had 5 years now to tack and they’ve done nothing but blame outside circumstances
The model is flawed. You need to have a diverse product line like the legacies or be extremely efficient and heavy on customer service We don’t check any of those boxes. They’ve had 5 years now to tack and they’ve done nothing but blame outside circumstances
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