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Spirit Airlines Worth Betting On?
Posted on 2/17/26 at 8:55 am
Posted on 2/17/26 at 8:55 am
Louisiana entrepreneur proposes Spirit Airlines hub for New Orleans
LINK
quote:
John Miller, founder of the Country Club of Louisiana, is pitching investors on acquiring Spirit Airlines and establishing a hub in New Orleans.
Miller has researched airline opportunities for 20 years and sees Spirit’s current low stock price as an opportunity to acquire and restructure the company.
“The first thing you’re going to do is remove some seats. You know how easy that is? And then you’re going to come up with a reasonable pricing system. We are not going to be able to move it to New Orleans right away, We have some improvements to do,” Miller said.
Miller said potential locations for a Spirit hub in New Orleans range from a new terminal at Louis Armstrong New Orleans International Airport to a new airport on the West Bank.
For now, Miller said he must sell investors on the concept before infrastructure development can proceed.
LINK
10
Posted on 2/17/26 at 9:15 am to Witty_Username
I wouldn’t touch it with 20 foot pole
Posted on 2/17/26 at 9:27 am to Witty_Username
Dirtier than Bourbon St at 11:50 tonight. I'm not getting on that wagon
Posted on 2/17/26 at 9:44 am to Witty_Username
One of my personal rules for investing is I won't buy stock in a company that I refuse to buy/use their product or service.
Posted on 2/17/26 at 11:12 am to Witty_Username
As people get pissed off at Southwest, you have to wonder if some of them will turn to Spirit.
I think Spirit really needed to merge with Frontier.
I think Spirit really needed to merge with Frontier.
Posted on 2/17/26 at 11:21 am to Witty_Username
Spirit needs to start a 'Street Beefs' type YouTube channel for their customers showcasing all the fights.
Posted on 2/17/26 at 1:19 pm to Witty_Username
Spirit’s business model is what is killing them. You can’t make money selling $40 tickets. You are better off charging $250 and promoting no bag or seat selection fees.
Make people feel they are actually guests and not cattle who get nickel and dimed.
It also helps to run a route network that makes sense.
Make people feel they are actually guests and not cattle who get nickel and dimed.
It also helps to run a route network that makes sense.
Posted on 2/17/26 at 1:42 pm to Witty_Username
quote:
Spirit Airlines hub for New Orleans
A match made in customer service hell
Posted on 2/17/26 at 7:21 pm to Witty_Username
Airline stocks historically have not been good investments.
Posted on 2/18/26 at 7:43 am to makersmark1
quote:
Airline stocks historically have not been good investments.
Except after covid like most travel related businesses were great buys after they all got beaten down
Posted on 2/18/26 at 8:04 am to makersmark1
quote:
Airline stocks historically have not been good investments.
After COVID I watched AAL stock increasing and for a moment thought I could be a day trader and bought a 1000 shares over $20 a share to make a quick thousand bucks and then dump it. Well, I bought at the peak and am still waiting to break even so I can dump it. I will never buy airline stock again or think I can make money as a day trader.
Posted on 2/18/26 at 2:06 pm to Witty_Username
quote:Tell us, country club guy with no experience in the space
You know how easy that is?
Posted on 2/18/26 at 4:19 pm to LSUFanHouston
quote:
I think Spirit really needed to merge with Frontier.
Didn’t Biden’s DOJ prevent this?
Posted on 2/18/26 at 4:57 pm to Ramblin Wreck
quote:
I will never buy airline stock again or think I can make money as a day trader.
I’ll try to find a source, but I read somewhere that tin all of airline history- no net money has been made.
LINK
“There is no tougher job in corporate America than running an airline: Despite the huge amounts of equity capital that have been injected into it, the industry, in aggregate, has posted a net loss since its birth after Kitty Hawk.”
This post was edited on 2/18/26 at 5:12 pm
Posted on 2/18/26 at 5:21 pm to makersmark1
“When Richard Branson, the wealthy owner of Virgin Atlantic Airways, was asked how to become a millionaire, he had a quick answer: "There's really nothing to it. Start as a billionaire and then buy an airline."
This quote from the link in the other post was too good to pass up.
This quote from the link in the other post was too good to pass up.
Posted on 2/18/26 at 7:26 pm to makersmark1
I don’t know anything about running an airline but I know that my clients who own planes end up spending multiples more than they thought they would…
Posted on 2/19/26 at 4:04 am to TigerintheNO
quote:
Didn’t Biden’s DOJ prevent this?
That was them merging with Jet Blue
Posted on 2/19/26 at 8:37 am to makersmark1
From your link - LOL
quote:
Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down."
Posted on 2/19/26 at 8:48 am to Witty_Username
He went waaaaaaay out in saying he sees moving Spirit's HQ to New Orleans as the key to making New Orleans the next Singapore.
Spirit is known for two things: cheap tickets and shitty service. One of those things will draw business, the other pushes it away. Spirit's history has shown that even cheap flights can't combat poor service, so unless his first focus is on fixing those service issues then he's just going to be burning money.
Spirit is known for two things: cheap tickets and shitty service. One of those things will draw business, the other pushes it away. Spirit's history has shown that even cheap flights can't combat poor service, so unless his first focus is on fixing those service issues then he's just going to be burning money.
Posted on 2/19/26 at 9:48 am to Bard
quote:
He went waaaaaaay out in saying he sees moving Spirit's HQ to New Orleans as the key to making New Orleans the next Singapore.
So is the current home of Spirit Airlines considered a Singapore?
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