Spirit Now Sure As It Emerges From Bankruptcy
07-21-2025 | 12:26 PM
#631
Banned
Joined: Dec 2014
Posts: 718
Likes: 9
I think we hit a sore spot. Guessing you are an ULCC pilot too. I fly my A321 for Delta for $365.88 an hour as a year 3 Captain. Your year 12 Captains do it for $270. I get a very large profit sharing check on V Day every year. Your pilots don't. I work for a company that values me. Your pilots don't. I chose to leave a sh!t stain airline that didn't value me, you and many other like you chose to stay. We fly the same airways and the same aircraft to the same cities. Your pilots just do it for about half the compensation I make every day. Life is full of choices. Enjoy yours and I'll enjoy mine.
07-21-2025 | 12:38 PM
#633
Banned
Joined: Dec 2022
Posts: 88
Likes: 3
Not true at all. United had $4.6B in adjusted pre-tax profit in 2024. Only $3.5B was "other operating revenue".
Of the $3.5B "other operating revenue" that is made up of baggage fees, seat selection fees, in-flight entertainment, food and beverage sales, and other passenger-related services like United Club memberships, Revenue from the sale of frequent flyer miles to partners (e.g., credit card companies, hotels, or retailers) and other loyalty program-related activities. Fees for ground handling, maintenance, or other services provided to other airlines or entities at airports.
Even if half of that revenue is "credit card companies" United still did almost $3B in adjusted net profit in 2024. For "moving people".
Also that revenue comes at a cost, because it costs fuel, labor, administrative etc to transport those people around the system that converted their card point to miles for travel.
But keep saying it if it makes you feel better.
If the credit card revenue went away, those extra seats would just add to the current number of Basic Economy seats United would sell.
Of the $3.5B "other operating revenue" that is made up of baggage fees, seat selection fees, in-flight entertainment, food and beverage sales, and other passenger-related services like United Club memberships, Revenue from the sale of frequent flyer miles to partners (e.g., credit card companies, hotels, or retailers) and other loyalty program-related activities. Fees for ground handling, maintenance, or other services provided to other airlines or entities at airports.
Even if half of that revenue is "credit card companies" United still did almost $3B in adjusted net profit in 2024. For "moving people".
Also that revenue comes at a cost, because it costs fuel, labor, administrative etc to transport those people around the system that converted their card point to miles for travel.
But keep saying it if it makes you feel better.
If the credit card revenue went away, those extra seats would just add to the current number of Basic Economy seats United would sell.
https://www.investopedia.com/the-fou...t-year-8781856
07-21-2025 | 12:39 PM
#634
On Reserve
Joined: Jul 2018
Posts: 151
Likes: 21
Not true at all. United had $4.6B in adjusted pre-tax profit in 2024. Only $3.5B was "other operating revenue".
Of the $3.5B "other operating revenue" that is made up of baggage fees, seat selection fees, in-flight entertainment, food and beverage sales, and other passenger-related services like United Club memberships, Revenue from the sale of frequent flyer miles to partners (e.g., credit card companies, hotels, or retailers) and other loyalty program-related activities. Fees for ground handling, maintenance, or other services provided to other airlines or entities at airports.
Even if half of that revenue is "credit card companies" United still did almost $3B in adjusted net profit in 2024. For "moving people".
Also that revenue comes at a cost, because it costs fuel, labor, administrative etc to transport those people around the system that converted their card point to miles for travel.
But keep saying it if it makes you feel better.
If the credit card revenue went away, those extra seats would just add to the current number of Basic Economy seats United would sell.
Of the $3.5B "other operating revenue" that is made up of baggage fees, seat selection fees, in-flight entertainment, food and beverage sales, and other passenger-related services like United Club memberships, Revenue from the sale of frequent flyer miles to partners (e.g., credit card companies, hotels, or retailers) and other loyalty program-related activities. Fees for ground handling, maintenance, or other services provided to other airlines or entities at airports.
Even if half of that revenue is "credit card companies" United still did almost $3B in adjusted net profit in 2024. For "moving people".
Also that revenue comes at a cost, because it costs fuel, labor, administrative etc to transport those people around the system that converted their card point to miles for travel.
But keep saying it if it makes you feel better.
If the credit card revenue went away, those extra seats would just add to the current number of Basic Economy seats United would sell.
United moved 105,829,000 passengers (mainline) in 2024
if you divide out their profit per passenger ticket sold it’s about $43.
Now solely on revenue excluding the “other operating revenue” etc it’s much lower at $10 per passenger ticket. So $33 per ticket profit is add ons. (Kinda seems like the ultimate ULCC)
buried somewhere in some filings is the amounts that chase and whoever else paid United but I don’t have time to find them. I’d guess it’s a lot more than 50%
people pay 200+ annually now just to hold one of the United cards.
Without the credit card mentality there would be a much different market.
07-21-2025 | 12:42 PM
#635
Line Holder
Joined: Sep 2017
Posts: 1,169
Likes: 164
From: NK CA
07-21-2025 | 12:45 PM
#636
Banned
Joined: Dec 2014
Posts: 718
Likes: 9
No he is right, we are the same at American. Not that any of this matters. I'd be more focused on filling out apps right now then arguing with some hat wearing d00che bag about whatever the f*ck his pay rate is.
07-21-2025 | 12:46 PM
#637
Banned
Joined: Dec 2014
Posts: 718
Likes: 9
07-21-2025 | 12:50 PM
#639
Banned
Joined: Dec 2014
Posts: 718
Likes: 9
07-21-2025 | 12:55 PM
#640
Line Holder
Joined: Sep 2017
Posts: 1,169
Likes: 164
From: NK CA
The entirety of the DOJ's argument in court was about seats in the market place. Well if spirit goes ch7 there is no guarantee any of those seats stay in the US as foreign subsidized carriers desperate for A/C will pay way above market value to get them. So it is likely none of those aircraft stay in the US at that point. If you were a senior pilot at US Airways, Northwest, or Continental do you think jumping ship back in the 2000's and starting all over again would have been a smart move? Me thinks not.
I look at things in a logical historical way. Others who have not been in this industry long prefer the dramatic unfounded speculative drama route.
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