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Why do you look like a blonde version of Ryan from the office
You've missed an entire aspect. Big airlines in recent years changed their strategy to include a wider range of budget ticket prices. This optionality has done a lot of damage to budget airlines.
This was accelerated by the pandemic, but it did not start then
And now Southwest is getting rid of my favorite aspect of them, their open seat policy. Bad vibes in the skies right now.
It's interesting how some of the only anti-trust enforcement ends up helping more powerful corporate interests
You know what doesn't use Jet Fuel?
That's right, this is a plug for high speed rail, especially to replace short haul domestic flights 😀
I know this isn't really the reason they're going under, but if Spirit would actually keep its flights people might still want to fly with them
choo choo
Rumor is they tried to enter Chapter 11 bankruptcy but had to pay a $55 fee.
On any repeatedly used route between cities, 🏙️ high speed rail in long run is always cheaper despite steep upfront cost. If you understand sovereign currency you realize cost is not an option. And as I heard someone earlier, if your not getting sued, your not making something people actually value. Between not in my back yard people to those keeping certain groups out of their neiborhood, trudge ahead anyway, as this is the type of infrastructure that provides true value. Also make the goverment upfront pay for and own the hard assets and then just rent out usage of the rail to companies in short term capacity while requiring them to build open sourced resources to help manage the whole enterprise.
Or if they stop putting a million layers of security and unnecessary items around airports it may become sustainable
Meanwhile Ryanair is the most profitable airline in the world. It’s management plain and simple, Europeans fly less then Americans and somehow our budget airlines are fine
mostly wrong. Large airlines are making most of their revenue as banks that produce, and then decide the value of loyalty points, what used to be called frequent flyer miles.
"The fastest way to become a millionaire is to start with a billion and then buy an airline" -Warren Buffet
Rip this channel.
Spirit only has them selves to blame for the stupidity of thinking that the FTC wouldn’t block the merger with JetBlue at least with frontier there was a case they could’ve been made
Big Airlines also tapped into sweet branded credit card deals, while consumer debt has skyrocketed.
Thank you for the post! Could you clarify something for me: my OKX wallet contains USDT, and the only thing I have is the seed phrase (island blind tennis trap moment element print chair state hobby actress finish). How do I transfer it to Binance?
Time for the Tesla airline
Spirit Airlines: "it's okay to treat our customers like trash. They'll definitely keep flying with us"
Also spirit Airlines: "why is no one flying with us, we're going to have to file for bankruptcy"
This video is uncomfortable
The cost of jet fuel is the set up to my favorite joke of all time:
“That’s a lot of money for something that can’t even melt steel beams”
Jetblue in the same class as spirit and frontier jeez, but i get it.
Ain’t no way we lost spirit airlines
Good. Short-haul and domestic flying is unnecessarily killing us. Put the money into fast, reliable, efficient trains instead.
Wonder if FrontierAirlines will ever have a customer service line ever again haha. Youd think it was 100% autonomous.
You didn't address what this means for the future of budget airlines. Can the industry recover? What precautions or price changes will we see industry wide?
spirit maybe gonna remove seats from theire planes couse they are "budget"