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Old 10-28-2014 | 08:39 AM
  #8561  
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I finally got in at $55! Where are all the pessimists from a few weeks ago when the sky was falling?
Old 10-28-2014 | 09:01 AM
  #8562  
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Originally Posted by Lobaeux
I missed the buying opportunity a couple of weeks ago. Looks like l have to buy high and hold.
The six A320 deliveries remaining for 2014, are they including the most recent one or two? I thought it was 3 for fourth QTR 2014 and 3 for first QTR 2015.
7- 4th qtr, 5- 1st qtr, 22 a/c over 15 months.

http://ir.spirit.com/fleetplan.cfm

Last edited by putzin; 10-28-2014 at 09:25 AM.
Old 10-28-2014 | 09:10 AM
  #8563  
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When asked about the contract they said they couldn't discuss it but Ben did say we work very hard etc.

When asked about recruiting they said "line is out the door" and commented on fast upgrade. Hopefully they know they can't run on that forever
Old 10-28-2014 | 09:30 AM
  #8564  
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Originally Posted by NK Bumble Bee
I finally got in at $55! Where are all the pessimists from a few weeks ago when the sky was falling?
You mean those created due to the revised guidance from the company?

Growth is expensive, routes take time to mature and more than one airline has been hurt by crazy growth throughout history.

Things are great right now, enjoy it, but don't be naive.

Last edited by putzin; 10-28-2014 at 09:52 AM.
Old 10-28-2014 | 09:52 AM
  #8565  
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I'm cautiously optimistic. One thing, it didn't take long for MCI to start doing well (from what I saw)

Did anyone ask about Fronteir and Cleveland ?
Old 10-28-2014 | 10:07 AM
  #8566  
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They basically said they don't view frontier as competition but are always watching. They said Allegiant is stronger but because they currently serve a much different route map they are not much competition. I thought that was interesting because Allegiant seems much less of a long game management and more corporate raider types
Old 10-28-2014 | 10:56 AM
  #8567  
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Originally Posted by Qotsaautopilot
When asked about the contract they said they couldn't discuss it but Ben did say we work very hard etc.

When asked about recruiting they said "line is out the door" and commented on fast upgrade. Hopefully they know they can't run on that forever
An analyst question I found interesting.

Analyst "You've been so successful for the current contract. How do you tempter their enthusiasm, to understand the business model so that they (pilots) don't overreach"

Ben-"I will say that our pilots do a terrific job and they like being here. All FOs know to the month when they will upgrade. We will work together to form a win/win for both sides. They will get what they need and we will get what we need to continue to grow the company
Old 10-28-2014 | 11:11 AM
  #8568  
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I heard that and wanted to reach through the phone and strangle that guy. What business model does he think I need to understand? The business of flying an Airbus 320? There is a market price for that no matter how the airline determines they want to make their revenue. Does Airbus lower the price because spirit is a ulcc? No and neither will the pilots that fly them
Old 10-28-2014 | 11:21 AM
  #8569  
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Originally Posted by The Juice
An analyst question I found interesting.

Analyst "You've been so successful for the current contract. How do you tempter their enthusiasm, to understand the business model so that they (pilots) don't overreach"

Ben-"I will say that our pilots do a terrific job and they like being here. All FOs know to the month when they will upgrade. We will work together to form a win/win for both sides. They will get what they need and we will get what we need to continue to grow the company
I just vomited in my mouth... Their record profits have been off the sweat of us(pilots)... Time to be compensated properly for the amount of people we jam into our AC..
Old 10-28-2014 | 11:58 AM
  #8570  
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Originally Posted by Qotsaautopilot
I heard that and wanted to reach through the phone and strangle that guy. What business model does he think I need to understand? The business of flying an Airbus 320? There is a market price for that no matter how the airline determines they want to make their revenue. Does Airbus lower the price because spirit is a ulcc? No and neither will the pilots that fly them
I like how you think!
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