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Let's Buy Spirit Air

letsbuyspiritair.com

141–150 of 628 posts

Re: Let's Buy Spirit Air

#141
post #85

Earlier quoted context omitted.

It's almost always better to create a new airline ex-nihilo as you get brand new planes, which are better than older ones.

Good luck trying to get any planes with the current backlog. Unless you enjoy flying in the 737 Max.

We'll call it Apple Air™ and the 737 Pro Max - 99% of our budget will be legal fees.

Re: Let's Buy Spirit Air

#142
post #47

I remember reading about how the major airlines now are more of a "bank that happens to have planes," due to the loyalty programs being worth significantly more than the airline. Delta Air Lines earned $8.2 billion from American Express in 2025, surpassing ticket sales revenue. [1] I primarily use my favorite's airlines credit card because it gives me perks such as priority seating, and free checked bags. I am pretty…

This isn't really a bad thing. Any company that monetizes credit cards can only do so because of their real, core product. They aren't really just banks like people claim. If they didn't fly people places reliably the whole thing collapses.

It's really just a surprising morph of their economic model in the post regulation era.

Re: Let's Buy Spirit Air

#143
post #58
post #56

Earlier quoted context omitted.

Or they could actually charge ticket prices that cover the cost of doing business and stop treating their passengers like a it's a time-share sales pitch the whole way.

Sounds like a good way to lose all your customers to the other airlines that charge less.

Yup, and this is exacerbated by how services like Google Flights work. There's little visibility into any kind of "quality" metric, but prices are always front and center. So why would you optimize based on anything else?

Re: Let's Buy Spirit Air

#144

Earlier quoted context omitted.

Because the amount anyone would actually pay is substantially below cost for most routes, but it's still a service that many people depend on (either directly or by the indirect economic impact of travel). It's a genuine force multiplier that is unaffordable without being subsidized; making it a utility would just shift the subsidy from credit card points programs to the government.

If airlines didn’t exist, people and goods would continue to move around the globe as they have done for thousands of years. There’s nothing magical about air travel (or any other transport mode) that makes it worthy of subsidy .

Do you oppose the federal highway system (or rail systems) as well?

Re: Let's Buy Spirit Air

#145
post #85

Earlier quoted context omitted.

It's almost always better to create a new airline ex-nihilo as you get brand new planes, which are better than older ones.

Good luck trying to get any planes with the current backlog. Unless you enjoy flying in the 737 Max.

The 737 MAX is fine enough. But it's not like you can order those for immediate delivery either. There's almost 5,000 pending orders, and Boeing can make on the order of 500 of them in a good year.

Re: Let's Buy Spirit Air

#146
post #102

Earlier quoted context omitted.

Why does any of this imply they should become a regulated utility? This seems like a textbook case of the free market pushing prices down to cost. Having alternative revenue streams pushed that minimal price down; but even without that, there is no reason to think the market would have done anything other than push prices to the lowest level possible in that environment as well.

Company makes too much money: "they're extracting monopolist rents! They need to be a regulated utility!" Company makes too little money: "there's no money in this industry! They need to be a regulated utility!"

Okay, but the process of underwriting an airline now somehow involves operating a successful credit card company. Which, you know, are not typically successful based upon operating excellence but upon rapaciousness of interest rates and merchant fees.

I'm not sure it's great to have important infrastructure operated this way. Other than regulation do you see a way out?

Re: Let's Buy Spirit Air

#147
post #121

Fundamental problem: Flights don't make money. Airlines actually make all of their money through loyalty programs and credit card payments. They basically should have turned into regulated utilities long ago, but loyalty program revenue saved them. Unless this initiative will turn into a credit card company (which nobody likes or wants to do) it won't go anywhere Private equity will likely sell the company for parts.…

Both Southwest, but also Ryanair are profitable. Totally possible to make money off flights. But you have to follow the same model: use cheaper airports, a single modern aircraft type to simplify operations, high turnaround speed, charge a lot for extras.

It’s not enough to “make a profit”.

Southwest has 30B in assets and makes $441M in profit. Like most airlines it’s a miracle of modern economics and should practically be considered a charity or a nonprofit. You would make more in treasuries or corporate bonds.

Re: Let's Buy Spirit Air

#148
post #91

I was okay with most of the skimping with spirit airways, but what really annoyed me was their delays. I can plan ahead not to bring luggage and to sit cramped. But arriving at my destination 5 hours later was a deal breaker for me. I don't know if there are statistics for how delayed they are vs competitors, but after my second flight with them, I decided to fly with airlines that are more punctual.

Looks like Spirit is #5 out of 21 for most on-time flights, so, top 20%.

https://www.reddit.com/r/charts/comments/1psiwws/us_airlines...

Re: Let's Buy Spirit Air

#149
post #5

I get the idea but this seems very much something not credible, like who's behind it, what are the guarantees, etc.

LLMs make time-sensitive frauds easier and faster to stand up to take money from idiots. I'm surprised they don't also include a team page with a bunch of ChatGPT-generated photographs of fresh-faced fake people to really sell it.

Not that this isn’t a scam, but they’re currently asking for pledges to contribute, not cash.

Re: Let's Buy Spirit Air

#150

Fundamental problem: Flights don't make money. Airlines actually make all of their money through loyalty programs and credit card payments. They basically should have turned into regulated utilities long ago, but loyalty program revenue saved them. Unless this initiative will turn into a credit card company (which nobody likes or wants to do) it won't go anywhere Private equity will likely sell the company for parts.…

Famous Richard Branson quote: "If you want to be a millionaire, start with a billion dollars and launch a new airline."

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