Spirit Now Sure As It Emerges From Bankruptcy
#681
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Joined: Dec 2022
Posts: 1,364
Likes: 128
That would mean you’d have to know for a fact that in 9-12 mo you’ll have the answer to whether or not spirit will continue to exist or not.
I’m pretty sure in some cases it’s a lot quicker than 9-12mo from app to class date.
Either way let’s say class date comes rolling around and you still don’t know for certain what spirits fate is. You can’t exactly tell the legacy no even if your preferred outcome is to stay at spirit.
Now what?
Thats exactly why some of us haven’t bought that insurance plan yet.
2000 seniority numbers used to be a lot and arguably it still is but it’s a lot less now on these 18k pilot lists, but if Spirit is near the end the difference between now and then isn’t going to be that much, assuming you get hired soon after “the end”.
#682
On Reserve
Joined: Jul 2018
Posts: 151
Likes: 21
If those tickets went away, United Delta etc would just sell those seats to someone else. Most likely the same people who are taking those trips. Instead of using credit card miles they would have to buy tickets.
Ceteris Paribus applies here. You can't just take away revenue anymore more than saying "Without First Class The Big 3 would not make a profit". There would be other seats there and they would create revenue as well.
Ceteris Paribus applies here. You can't just take away revenue anymore more than saying "Without First Class The Big 3 would not make a profit". There would be other seats there and they would create revenue as well.
credit card income is a check sent to United from chase or whoever as payment for their name on the card basically. Counted in the second category?
with points being diluted the ROI on interest payments has to be insane at 20-30% interest. Looking at profits of credit cards says yes. and the more diluted the points are the more revenue they make. Small points back means it takes what 30k spend on the card to buy that one leg from den to Omaha, but if it’s not paid off that month the finance charge is 6k plus.
My point no pun intended is the points game is very very very lucrative. It has given 3 -1/2 airlines their business model and made them into basically a protected class of company. If that were removed they would fold in my opinion unable to make a profit.
#683
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Joined: Dec 2022
Posts: 1,364
Likes: 128
that we know about. Too much to unpack to attempt to answer.
isn’t points redemption counted as a revenue fare? Like bank of points buys the ticket on the behalf of the customer? Counted in the first profit category? So remove these points flights. They are estimated at 18-20% of revenue fares. Do you think they could survive even if half those tickets were bought by people and not points? If they lost 9% of their loads/revenue/passengers whatever.
credit card income is a check sent to United from chase or whoever as payment for their name on the card basically. Counted in the second category?
with points being diluted the ROI on interest payments has to be insane at 20-30% interest. Looking at profits of credit cards says yes. and the more diluted the points are the more revenue they make. Small points back means it takes what 30k spend on the card to buy that one leg from den to Omaha, but if it’s not paid off that month the finance charge is 6k plus.
My point no pun intended is the points game is very very very lucrative. It has given 3 -1/2 airlines their business model and made them into basically a protected class of company. If that were removed they would fold in my opinion unable to make a profit.
isn’t points redemption counted as a revenue fare? Like bank of points buys the ticket on the behalf of the customer? Counted in the first profit category? So remove these points flights. They are estimated at 18-20% of revenue fares. Do you think they could survive even if half those tickets were bought by people and not points? If they lost 9% of their loads/revenue/passengers whatever.
credit card income is a check sent to United from chase or whoever as payment for their name on the card basically. Counted in the second category?
with points being diluted the ROI on interest payments has to be insane at 20-30% interest. Looking at profits of credit cards says yes. and the more diluted the points are the more revenue they make. Small points back means it takes what 30k spend on the card to buy that one leg from den to Omaha, but if it’s not paid off that month the finance charge is 6k plus.
My point no pun intended is the points game is very very very lucrative. It has given 3 -1/2 airlines their business model and made them into basically a protected class of company. If that were removed they would fold in my opinion unable to make a profit.
The one thing I will say is that outside of living in a fortress hub the cards do not make sense for most people and I think that most people understand that. However in these fortress hubs ever middle class and up family has the card for that airline. That’s millions of people. They have the card bc they are flying that airline no matter what so may as well get whatever diluted rewards they can.
I wonder what the percentage of people is that carry a dedicated airline card in places like NYC or LA where all the big three have big operations.
#684
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Joined: Sep 2020
Posts: 1,564
Likes: 345
that we know about. Too much to unpack to attempt to answer.
isn’t points redemption counted as a revenue fare? Like bank of points buys the ticket on the behalf of the customer? Counted in the first profit category? So remove these points flights. They are estimated at 18-20% of revenue fares. Do you think they could survive even if half those tickets were bought by people and not points? If they lost 9% of their loads/revenue/passengers whatever.
credit card income is a check sent to United from chase or whoever as payment for their name on the card basically. Counted in the second category?
with points being diluted the ROI on interest payments has to be insane at 20-30% interest. Looking at profits of credit cards says yes. and the more diluted the points are the more revenue they make. Small points back means it takes what 30k spend on the card to buy that one leg from den to Omaha, but if it’s not paid off that month the finance charge is 6k plus.
My point no pun intended is the points game is very very very lucrative. It has given 3 -1/2 airlines their business model and made them into basically a protected class of company. If that were removed they would fold in my opinion unable to make a profit.
isn’t points redemption counted as a revenue fare? Like bank of points buys the ticket on the behalf of the customer? Counted in the first profit category? So remove these points flights. They are estimated at 18-20% of revenue fares. Do you think they could survive even if half those tickets were bought by people and not points? If they lost 9% of their loads/revenue/passengers whatever.
credit card income is a check sent to United from chase or whoever as payment for their name on the card basically. Counted in the second category?
with points being diluted the ROI on interest payments has to be insane at 20-30% interest. Looking at profits of credit cards says yes. and the more diluted the points are the more revenue they make. Small points back means it takes what 30k spend on the card to buy that one leg from den to Omaha, but if it’s not paid off that month the finance charge is 6k plus.
My point no pun intended is the points game is very very very lucrative. It has given 3 -1/2 airlines their business model and made them into basically a protected class of company. If that were removed they would fold in my opinion unable to make a profit.
It makes no sense that United and Delta can charge $8k for a first class seat and put 60 of those on a WB and fly it to Asia and somehow is not profitable, but Frontier can fly around with the cheapest passengers ever and be profitable.
United and Delta are profitable even without that revenue. Airlines don't make money off the interest people pay on their credit cards. Its only when they redeem miles, and the credit card company buys them a ticket just like your employer might buy you a ticket.
Airline credit cards has to be the most misunderstood conspiracy closely approaching flat earth and chemtrails.
#685
You wind up driving up training costs astronomically with massive switching of seats and fleets, everybody gets paid at their old rates in the interim, you pay for lots of downtime, for moves, for furlough pay…and when you are retiring 600+ a year anyway…?
can’t say it won’t happen with a big enough economic black swan, but if the country is hit that hard economically do you really think that NK would be immune. Don’t get me wrong, there may be perfectly good individual reasons to not give up on NK, but I’m not at all sure the “too big to not furlough more than 2000 junior FOs is one of them.
#686
1 to be exact. Do you have some undiagnosed freakish fetish that gets off on looking down on people that aren’t in your position? Really gotta ask yourself this question. Your posts are incredibly cold and useless. Somehow I believe you’re a different person without the keyboard. Otherwise delta would have no need for you.
#687
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Joined: Mar 2023
Posts: 643
Likes: 73
1 to be exact. Do you have some undiagnosed freakish fetish that gets off on looking down on people that aren’t in your position? Really gotta ask yourself this question. Your posts are incredibly cold and useless. Somehow I believe you’re a different person without the keyboard. Otherwise delta would have no need for you.
#688
Every single person that left was one more FO that didn’t get furloughed. Every CA that left was one more CA that didn’t get downgraded to FO. You ought to be very grateful to those you are calling ‘scum.’ And if they guessed wrong, they’ll be the ones paying the price in any event.
#689
I can’t imagine letting an entire airline and an entire group of pilots live so rent free in my head. American is all you can think about. That’s cause deep down inside, you know you should have left a long, long time ago. But fear got the best of you. So now you look for data in every negative American Airlines article trying to justify your decision to stay. And after NK unfortunately liquidates, and you are working as a Western Global Direct Entry MD11 Captain, you’ll look out and see a 737 with a big American flag on its tail coming in for landing, all you will be able to think about is if Clarance Thomas is in the left seat of that bird or not.
#690
That would mean you’d have to know for a fact that in 9-12 mo you’ll have the answer to whether or not spirit will continue to exist or not.
I’m pretty sure in some cases it’s a lot quicker than 9-12mo from app to class date.
Either way let’s say class date comes rolling around and you still don’t know for certain what spirits fate is. You can’t exactly tell the legacy no even if your preferred outcome is to stay at spirit.
Now what?
I’m pretty sure in some cases it’s a lot quicker than 9-12mo from app to class date.
Either way let’s say class date comes rolling around and you still don’t know for certain what spirits fate is. You can’t exactly tell the legacy no even if your preferred outcome is to stay at spirit.
Now what?
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