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SWA isn't going to furlough. They will grow a little, when Spirit goes under.
http://finance.yahoo.com/q/ae?s=AAINot that I want to see Airtran go down and I most definately think that Spirit along with VA are on life support but using management presented data is nothing more than wishful thinking and speculation.
Consider Airtran lucky compared to Delta who are dumping 33% of their international flying to meet demand.
Not that I want to see Airtran go down and I most definately think that Spirit along with VA are on life support but using management presented data is nothing more than wishful thinking and speculation.
Consider Airtran lucky compared to Delta who are dumping 33% of their international flying to meet demand.
Spirit will be gone by 2010. Airlines grow and take deliveries...right before they tank. Par for the course. I hope the pilot group enjoys financing "The CEO" with their pitiful wages.
Spirit will be gone by 2010. Airlines grow and take deliveries...right before they tank. Par for the course. I hope the pilot group enjoys financing "The CEO" with their pitiful wages.
According to Moody article last week, the four airlines listed as being close to defaulting on their debt, and being on "Life Support", were Jet Blue ,US Air, UAL and AA.
Southwest has been saying for a few months that 2009 ASMs will be 4% less than 2008 ASMs.My wife heard on the news in Dallas last week that SWA will cut an additional 4% from the system capacity this year. Is this the truth or distorted facts on TV news? have you guys heard anything about this? Or is there any news on hiring this year?
Spirit will be gone by 2010. Airlines grow and take deliveries...right before they tank. Par for the course. I hope the pilot group enjoys financing "The CEO" with their pitiful wages.
http://finance.yahoo.com/q/ae?s=AAI
That is a link for what 8-10 financial analysts are predicting for Airtran for 2009 and 2010. Sub $1.50/gallon Jet A prices, $90 average ticket prices, and $100+ million in baggage fee revenues will make 2009 a good year for Airtran and most LCC carriers.
Demand for $90 tickets will not be hit as hard as demand for the $1000+ tickets that are the real money makers at the legacies.