He gets airlined positive space around the globe all the time. And not in economy.

 

And I'm sure we're all very impressed. Glad you finally got to tell us. You've been trying to get asked that for days now.

So anyhow...

 

Anybody know specifics of Project Bravo?

just seems pretty vague what they have online.

 

You mean besides the 55 page SEC filing? I doubt anybody does besides the ones at the head of the table.

 

https://file.io/LratGtR802Ey

https://send.vis.ee/download/dcaa9c4fe9c8e7cb/#To1_4kAKaT1Ur6D8dyrzUQ

Don't want to link my personal account, and these links expire... If someone knows a better way to share let me know

 

I especially doubt page 10 (#37 on the page itself) where they assume NK will capture over 20% of the domestic market in the $200-$400 segment, and between 20%-15% in the $400-$600 segment. Currently less than 5% in anything over $300. There is no way they can do that in a yellow bus with Spirit on the side. It would require a massive, lenghty and expensive overhaul. NK does not have the time, momey or managment to pull that off.

 

How do you spend $100K annually in travel excluding hotel costs?? Do you only eat at airport Panera while on the road??

 

If you spent $100 everyday 365 days a year at Panera, you’d still only be spending $36.5k a year.

is this guy not using the company hotels and transportation? Is he buying tickets instead of nonrevving/JS? Are you staying at the Ritz Carlton instead of a crash pad?

yeah this guy is def doing it wrong.

 

I took it to mean his company spends $100K a year on travel.

 

I doubt it. First quarter is a slow quarter for all the airlines. Does Spirt have the cash or ability to pay the bills until next summer when travel picks up? Can Spirt convince their passengers to pay a higher premium for tickets so they can make a profit? When Spirt ticket prices get close to the big 4’s ticket prices I would assume the majority of the general public would choose the airline with more frequency and a better reputation/brand.

Unfortunately I don’t believe Spirt will be around in two years. The Brand is associated with poor customer service (mainly gate agents) and historically with a none apologetic attitude towards customers trying to get a refunds for anything, along with brawls on their flights. I don’t think many people will ever see Spirt in a very good light. It’s the Dollar General of Airlines with typical customers. With all the talks about bankruptcy I can only assume more people would avoid buying tickets on an airline that might go chapter 7 right before their trip 3-6 months from
now. I have a few friends that are pilots at Spirt and are great people. Spirt has a lot of nice new planes with great pilots and a great safety record. I hope the best for them. My guess is they merge or go away unfortunately. This is just my opinion and it means absolutely nothing. I hope I’m wrong.