News thread
#261
Line Holder
Joined APC: Jan 2023
Posts: 64
Frontier’s implementation of ULCC isn’t working very well at all. You can only **** off a finite number of passengers before the decide to pay a little more for a better experience and the gravy train dries up.
#262
Gets Weekends Off
Joined APC: Jan 2022
Posts: 190
Rambling....Interesting how several low cost carriers are saying in the the news that the post Covid travel frenzy (=$$$) is over yet the majors are saying it's not. I haven't been a believer of a meaningful recession everyone has been talking about for over a year but aren't the LCC's supposed to do better in a worsening economy? Hard to envision that with numbers we are seeing. The economy in general is the U.S. is fairly hot or interest rates wouldn't be going up to cool it. Not sure what's going on here but it doesn't seem business as usual.
#265
Gets Weekends Off
Joined APC: Aug 2007
Posts: 686
Rambling....Interesting how several low cost carriers are saying in the the news that the post Covid travel frenzy (=$$$) is over yet the majors are saying it's not. I haven't been a believer of a meaningful recession everyone has been talking about for over a year but aren't the LCC's supposed to do better in a worsening economy? Hard to envision that with numbers we are seeing. The economy in general is the U.S. is fairly hot or interest rates wouldn't be going up to cool it. Not sure what's going on here but it doesn't seem business as usual.
#266
Gets Weekends Off
Joined APC: Jan 2022
Posts: 190
I think it’s the difference in customer bases. I think our customers are essentially in a “recession”. They are the first ones that will be hit by an economic hardship. Higher interest rates, credit card debt, and student loan repayment restarts unquestionably will have a larger affect on our customers than Delta’s. The Delta customer is a higher net-worth customer who isn’t as quick to be impacted.
#267
Gets Weekends Off
Joined APC: Aug 2015
Position: Underpaid, LCC
Posts: 275
I think it’s the difference in customer bases. I think our customers are essentially in a “recession”. They are the first ones that will be hit by an economic hardship. Higher interest rates, credit card debt, and student loan repayment restarts unquestionably will have a larger affect on our customers than Delta’s. The Delta customer is a higher net-worth customer who isn’t as quick to be impacted.
#269
Gets Weekends Off
Joined APC: Aug 2007
Posts: 686
I think that the truth is that we are in a period of long-term, macro-level changes in consumer behavior and industry strategies and we simply don’t know how things will play out because there aren’t many similar setups in history to look back on. This industry is completely different than it used to be based on consolidation, economies of scale, etc. that looking to the past may not be a 100% good strategy.
#270
Line Holder
Joined APC: Jan 2023
Posts: 64
I think it’s the difference in customer bases. I think our customers are essentially in a “recession”. They are the first ones that will be hit by an economic hardship. Higher interest rates, credit card debt, and student loan repayment restarts unquestionably will have a larger affect on our customers than Delta’s. The Delta customer is a higher net-worth customer who isn’t as quick to be impacted.
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