EMBFlyer

Thanks! After 8+ years in this business, I've learned to try and be patient and wait.

Sailor

Only trying to give a birds eye view from the inside and how things move here.

Dilbert

I hope your right but...

Oil is near $110 per barrel. Last time spirit began pulling back was when it was $120. We aren't that far away. Are we headed for a second dip here in the aviation industry? Some say yes while others just watch kitten videos on YouTube. Discuss....

Sailor

We probably are going down hill with the economy. But I rather be here, in the cheapest airline that operates on a minimum budget, than the opposite.

And even if we are going to hell in this country AGAIN, there is nothing we can do. I still believe that we can be drilling on every sq in, and still the SPECULATORS will DRIVE the price up anytime they want, we should cut their b^lls off and fry them.

I don't want to get political, nor I want this thread to get on that direction.

personally I think this is just a spring-summer drive. More demand, etc...

The less we worry the better our life's.

sandlapper223

Spirit's position isn't the same as it was in 2008. In 2008, the payments for all the new aircraft orders were due, debt was high, and Spirit's economic model was not fully developed. Fuel crippled the airlines' cash flow.

Now, with virtually only daily operating costs, aircraft deliveries until 2015 paid, a nice nest egg in the bank and no debt, Spirit distributes the fuel costs over every seat in the aircraft. This accomplishes two things: It keeps Spirit's ticket prices lower comparatively among other airlines because Spirit aircraft contain more seats (to spread the fuel), which offsets the cost to the airline.

When the price of fuel goes up, Spirit's prices will (as will other airlines) go up but be more affordable to the general public, and I think business will increase when these travelers cannot afford legacy pricing as the economy tanks again.

Hell, I don't know. We will find out by the end of summer.

Sailor

Good way to put it. This fuel drive will dent a lot of companies.

LineHolder

Sucmbag speculators. Names and address should be posted and then we'll see how much they drive the price up......

In absence of demand, oil prices' rise points to speculation - KansasCity.com

Merlyn

I don't think you can discount the fact that the fed is printing greenbacks 24/7 backed up not by gold or something valuable but instead by empty promises. Oil isn't going up, the dollar is falling

Sailor

They talk of 150 a barrel....I think most airlines are toasted at 130-140..it all depends on deep pockets and who can swing it the longest.

Plane Ramrod

We scambags are doing just fine. Just mind your model, and we will be OK.
Yes, I have taken up oil futures trading, needed a side gig, since you don't want me working OT.

See you on the street.