Spirit Now Sure As It Emerges From Bankruptcy
08-14-2025 | 05:29 AM
#1151
On Reserve
Joined: Oct 2017
Posts: 163
Likes: 1
The data is there if you look hard enough. You cannot deny that AA, UA, and DL make a majority of their profit on credit card related income. Would they be profitable otherwise? It’s hard to know since the model is so intertwined. AA probably not. Do they have other revenue streams? Yes. But not the same scale as CC. Even if 50% of the other income was CC that’s still well more than tickets generate.
Tickets are sold for cash. Tickets are exchanged for travel.
Call the points gift cards if you wish.
08-14-2025 | 05:47 AM
#1152
On Reserve
Joined: Jun 2024
Posts: 14
Likes: 1
Its not. Cargo revenue is broken out separately. Also "other revenue" includes United club memberships, other services United provides and revenue from items bought on board. The whole debate is pointless. Its rife with misinformation and misperceptions because of some clickbaity articles.
But I digress; love, respect, and good luck to our Spirit brothers and sisters.
Last edited by Eddie Felson; 08-14-2025 at 06:04 AM.
08-14-2025 | 06:19 AM
#1153
Line Holder
Joined: Sep 2021
Posts: 439
Likes: 30
I wish I would have never come to work at spirit . The most toxic place to work in the industry. Pilots constantly lying to themselves and others trying to justify the **** choices they’ve made in life. We are so lucky we didn’t get hired by a legacy crap. God I can’t wait to get out of this place
08-14-2025 | 07:25 AM
#1154
Line Holder
Joined: Sep 2016
Posts: 1,157
Likes: 35
This is why Loyalty is the name of the game in the industry. Your customers are locked into your currency(by using your credit card brand to get points) and you get to tell them how much points they will need to burn to get your services.
The equivalent of those points to cash, after buying a ticket, would most likely be higher than those on, for example, expedia. The difference is you'd have outside competition if you sold that ticket for that price in cash. With points, no competition in your system.
08-14-2025 | 07:33 AM
#1155
Perennial Reserve
Joined: Jan 2018
Posts: 14,176
Likes: 233
Sorry credit card economics - however much it may appeal as some sort of academic counting coup to the participants - at this point seems to be sort of like discussing placement of deck chairs on the Titanic. Perhaps the effort would be better spent deciding how to avoid the iceberg or - failing that - what lifeboats are potentially available?
08-14-2025 | 07:53 AM
#1156
On Reserve
Joined: Apr 2020
Posts: 90
Likes: 13
Just .02c worth...
The elephant in the room regarding cc's is that when an airline gets into financial distress, the bank raises the "holdback" percentage, effectively lowering the immediate cash available from ticket sales for future flights. This is probably one of the strongest indicators of a company's true financial distress. Good luck to all; I have been through this a few times over the past 40 years.
S
The elephant in the room regarding cc's is that when an airline gets into financial distress, the bank raises the "holdback" percentage, effectively lowering the immediate cash available from ticket sales for future flights. This is probably one of the strongest indicators of a company's true financial distress. Good luck to all; I have been through this a few times over the past 40 years.
S
08-14-2025 | 08:05 AM
#1157
Line Holder
Joined: Nov 2024
Posts: 425
Likes: 78
[QUOTE=Eddie Felson;3938811 I’m really tired of hearing the “airlines are banks” idiocy repeated so often it’s accepted truth. .[/QUOTE]
But airlines are banks. So says wendover productions and a small army of other YouTube videos.
https://youtu.be/ggUduBmvQ_4
But airlines are banks. So says wendover productions and a small army of other YouTube videos.
https://youtu.be/ggUduBmvQ_4
08-14-2025 | 08:14 AM
#1158
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,847
Likes: 653
From: Engines Turn or People Swim
Sorry credit card economics - however much it may appeal as some sort of academic counting coup to the participants - at this point seems to be sort of like discussing placement of deck chairs on the Titanic. Perhaps the effort would be better spent deciding how to avoid the iceberg or - failing that - what lifeboats are potentially available?
Just .02c worth...
The elephant in the room regarding cc's is that when an airline gets into financial distress, the bank raises the "holdback" percentage, effectively lowering the immediate cash available from ticket sales for future flights. This is probably one of the strongest indicators of a company's true financial distress. Good luck to all; I have been through this a few times over the past 40 years.
The elephant in the room regarding cc's is that when an airline gets into financial distress, the bank raises the "holdback" percentage, effectively lowering the immediate cash available from ticket sales for future flights. This is probably one of the strongest indicators of a company's true financial distress. Good luck to all; I have been through this a few times over the past 40 years.
08-14-2025 | 08:57 AM
#1159
On Reserve
Joined: Jul 2025
Posts: 110
Likes: 56
1. Marrying my highschool sweetheart at 19
2. Driving home after my best friends birthday party 7 years ago.
3. Not leaving Spirit after Covid when all the reps started jumping ship.
im just praying my interview goes well next week and I can make it off this island intact.
08-14-2025 | 09:05 AM
#1160
Banned
Joined: Jul 2025
Posts: 22
Likes: 5
Yeah I’m with you. 3 biggest mistakes of my life…..
1. Marrying my highschool sweetheart at 19
2. Driving home after my best friends birthday party 7 years ago.
3. Not leaving Spirit after Covid when all the reps started jumping ship.
im just praying my interview goes well next week and I can make it off this island intact.
1. Marrying my highschool sweetheart at 19
2. Driving home after my best friends birthday party 7 years ago.
3. Not leaving Spirit after Covid when all the reps started jumping ship.
im just praying my interview goes well next week and I can make it off this island intact.
I finally received the fix it call from AA. 🙏 I get the interview date soon
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