Spirit of NKS
#7621
Gets Weekends Off
Joined: Jun 2008
Posts: 192
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From: A320 Left
Looks like ORD-ATL, ORD-MSY, DTW-ATL, and DTW-MSY being added in November. I'm guessing we found some gate space in ORD.
#7622
It is really silly to compare the two.
I have a duplex as a rental property. I make about $300 on each unit totaling $600 per month, or $7200 per year. Big Shot Apartment Company Llc owns a 100 unit buildig and only makes $150 per month on each unit. Am I twice as profitable as them because I am pulling down $300 for each unit? They make $15k per month and $180k per year...
AA could probably cut the 1/3 least profitable routes, and have the same profit margin as Spirit. As Spirit grows, they will put the aircraft on the routes that will be most profitable. Eventually the most profitable route may only draw a 3% profit margin. 3% is still a profit! If you have 100 of those it adds up to a lot of money.
The other thing to think about is: Spirit may be able to make a 3% margin on routes where AA loses money.
Point is: There are a lot of things to consider when comparing the financials of the two..
I have a duplex as a rental property. I make about $300 on each unit totaling $600 per month, or $7200 per year. Big Shot Apartment Company Llc owns a 100 unit buildig and only makes $150 per month on each unit. Am I twice as profitable as them because I am pulling down $300 for each unit? They make $15k per month and $180k per year...
AA could probably cut the 1/3 least profitable routes, and have the same profit margin as Spirit. As Spirit grows, they will put the aircraft on the routes that will be most profitable. Eventually the most profitable route may only draw a 3% profit margin. 3% is still a profit! If you have 100 of those it adds up to a lot of money.
The other thing to think about is: Spirit may be able to make a 3% margin on routes where AA loses money.
Point is: There are a lot of things to consider when comparing the financials of the two..
#7623
Banned
Joined: Jan 2006
Posts: 6,929
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From: A-320
The one thing about AA is they are way toooooooo big too fail, unlike us. That's the one thing that scares me.....
#7624
Thread Starter
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Joined: Oct 2008
Posts: 1,857
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AA, UA, UsAir, etc, they fail, but unlike us that would prob disappeared, they just file a Chapter, Restructure and Merge and get back in circulation like a bad med. the one thing about free market that we all hate, at least myself.
#7625
That is not at all the 'free market'. If it was, they'd all be long gone and we, as Americans, would all be better off.
#7626
Yep, those same legacies are now also too big to strike. JMO, but I feel as though it's extremely unlikely any POTUS would allow a strike to come to fruition for them.
We, however, wouldn't create a blip in the grand scheme of things if our upcoming negotiations start to stagnate. So we have a little more flexibility if/ when it comes to that.
#7627
Gets Weekends Off
Joined: Jan 2014
Posts: 715
Likes: 0
From: A320 Left
Yep, those same legacies are now also too big to strike. JMO, but I feel as though it's extremely unlikely any POTUS would allow a strike to come to fruition for them.
We, however, wouldn't create a blip in the grand scheme of things if our upcoming negotiations start to stagnate. So we have a little more flexibility if/ when it comes to that.
We, however, wouldn't create a blip in the grand scheme of things if our upcoming negotiations start to stagnate. So we have a little more flexibility if/ when it comes to that.
#7628
Thread Starter
Banned
Joined: Oct 2008
Posts: 1,857
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OK, you are correct, let me say then, i disagree with the way they run the business to the ground fully knowing that they have the chutes for the few and that Chapter for the club, to reopen the door with new paint jobs and new uniforms.
#7629
Gets Weekends Off
Joined: Jan 2014
Posts: 715
Likes: 0
From: A320 Left
Three new management pilots announced today: one of our own to LAS CP, and two outsiders directly into management pilot positions at HDQ. Anyone have the scoop on the two going to HDQ?
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