Spirit of NKS
09-24-2015, 09:47 AM
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Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
Originally Posted by northdakota
For a company as profitable as this, I cannot understand why we do not have a TA, why my pay is always shorted, and why the airplanes are still dirty after years of promises.
I remember Frontier putting out a press release saying...." don't worry, the plane was cleaned during a turn in CLE"....., and I remember thinking.... uh-huh I'm sure that's real "virus clean".
09-24-2015, 04:27 PM
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Joined APC: Jan 2013
Posts: 45
Originally Posted by full of luv
Reminds me of when the Ebola breakout was gripping America and it was discovered that one of the infected nurses had flown Frontier to CLE (or somewhere in the MW) while infected.
I remember Frontier putting out a press release saying...." don't worry, the plane was cleaned during a turn in CLE"....., and I remember thinking.... uh-huh I'm sure that's real "virus clean".
I remember Frontier putting out a press release saying...." don't worry, the plane was cleaned during a turn in CLE"....., and I remember thinking.... uh-huh I'm sure that's real "virus clean".
MaroonBaboon once make unfortunate mistake. Cause much itch.
Fortunate for not bleed from orifice.
09-24-2015, 06:56 PM
Gets Weekends Off
Joined APC: Oct 2010
Posts: 4,603
I'm on a thirty year plan so no I'm not worried about the stock price right now. Being short term quarterly minded is an epidemic that plagues this country. It's a big reason why there are so few middle class jobs anymore. You pretty much have to be a "manager" of someone or a group to make over $40k these days. Slashing and burning makes the price go up at many companies and that CEO will have been long gone by the time those changes show in the long run. Long term investments never help stock price. We do both though at the same time. We slash and burn labor while buying planes and hangers.
09-25-2015, 08:16 AM
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Joined APC: Apr 2007
Position: A320 CA
Posts: 320
Originally Posted by Lobaeux
Lutefisk. Thank god my mother wasn't that Norwegian!
09-25-2015, 08:53 AM
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Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
Originally Posted by Green Giant
Stock prices go up and down. Once fuel prices go up and the legacy carriers start to hurt, then Spirit's stock price will once again surge.
Buy low sell high!
Buy low sell high!
When fuel is low, labor is more of a factor in expense. When fuel is high, labor is a smaller factor in expense.
Throw in the ability to hedge with the larger companies (which lately hasn't helped squat), and you have kind of an ability to provide "fuel price insurance".
Of course a rapidly rising fuel price usually puts the brakes on the economy as well, so it doesn't help anyone, but in general I think the LCC's are more affected.
JMHO
As far as why NK's stock has sunk now..... no idea.
09-25-2015, 09:31 AM
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Joined APC: Apr 2007
Position: A320 CA
Posts: 320
Originally Posted by full of luv
Of course a rapidly rising fuel price usually puts the brakes on the economy as well, so it doesn't help anyone, but in general I think the LCC's are more affected.
09-25-2015, 11:04 AM
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Joined APC: Jun 2006
Posts: 1,423
Originally Posted by full of luv
I know what opinions are like.... but I'd say in general a rapidly rising fuel price will hurt Spirit (or any other LCC) harder than a major.
When fuel is low, labor is more of a factor in expense. When fuel is high, labor is a smaller factor in expense.
Throw in the ability to hedge with the larger companies (which lately hasn't helped squat), and you have kind of an ability to provide "fuel price insurance".
Of course a rapidly rising fuel price usually puts the brakes on the economy as well, so it doesn't help anyone, but in general I think the LCC's are more affected.
JMHO
As far as why NK's stock has sunk now..... no idea.
When fuel is low, labor is more of a factor in expense. When fuel is high, labor is a smaller factor in expense.
Throw in the ability to hedge with the larger companies (which lately hasn't helped squat), and you have kind of an ability to provide "fuel price insurance".
Of course a rapidly rising fuel price usually puts the brakes on the economy as well, so it doesn't help anyone, but in general I think the LCC's are more affected.
JMHO
As far as why NK's stock has sunk now..... no idea.
And everyone else, SWA included, pretty much practiced "capacity discipline".
.....Past performance is not indicative of future results.......
09-25-2015, 01:21 PM
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Joined APC: Jan 2010
Position: Airbus
Posts: 630
Originally Posted by full of luv
I know what opinions are like.... but I'd say in general a rapidly rising fuel price will hurt Spirit (or any other LCC) harder than a major.
"The United States Department of Transportation defines a major carrier or major airline carrier as a U.S.-based airline that posts more than $1 billion in revenue during a fiscal year.[1] The term "major carrier" or "major airline" can also refer to traditional legacy carriers, distinguishing them from startup and low-cost carriers."
Last edited by Green Giant; 09-25-2015 at 01:59 PM.
09-25-2015, 02:24 PM
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Joined APC: Dec 2009
Position: Airplane
Posts: 2,385
Originally Posted by Green Giant
Spirit Airlines is a Major Airline by definition. True we are what people would call a LCC; however Spirit is a Major Airline. Spirit is not a Legacy Airline but you don't need to be a Legacy to be a Major. Operating Revenue is the determining factor on how the DOT lists the airline.
"The United States Department of Transportation defines a major carrier or major airline carrier as a U.S.-based airline that posts more than $1 billion in revenue during a fiscal year.[1] The term "major carrier" or "major airline" can also refer to traditional legacy carriers, distinguishing them from startup and low-cost carriers."
"The United States Department of Transportation defines a major carrier or major airline carrier as a U.S.-based airline that posts more than $1 billion in revenue during a fiscal year.[1] The term "major carrier" or "major airline" can also refer to traditional legacy carriers, distinguishing them from startup and low-cost carriers."
Of course, if it wasn't for bankruptcy restructuring of some of those legacies, they wouldn't be in business either.
09-25-2015, 02:32 PM
Gets Weekends Off
Joined APC: Jul 2012
Posts: 160
Looks like we're in it for the long haul. At least the quick upgrade will take some of the sting away from it.
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