Save stock down way more than competitors?

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03-17-2020, 09:54 AM

#61

Meep

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Joined APC: Feb 2020

Posts: 498

Quote:

Originally Posted by Omniscient

Wrong.

A recession provides for even more price conscience spending. People go to Walmart, not Target. Chipotle, not a sit down restaurant, and people
will be prioritizing cheap airfare over legroom and carry on bags.

Im in line with your thinking. While we will lose some customers we will also gain some customers who are more price conscious than before.

At least we won’t have to deal with the business traveler losses. That’s how the legacies are able to somewhat keep the economy price reasonable.

03-17-2020, 05:37 PM

#62

Halon1211

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Posts: 3,283

I have a solution to get travels back on Spirit flights!

Offer free Corona Beers!! We will call this the Corona (Virus) Special. This will go well with our clientele.

03-17-2020, 06:04 PM

#63

ASAPsafetyGUY

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Posts: 442

Quote:

Originally Posted by Halon1211

I have a solution to get travels back on Spirit flights!

Offer free Corona Beers!! We will call this the Corona (Virus) Special. This will go well with our clientele.

I actually do think I hear crickets 😂

03-17-2020, 06:25 PM

#64

Omniscient

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Quote:

Originally Posted by ASAPsafetyGUY

I actually do think I hear crickets 😂

Its actually pretty funny because our old CEO, Baldanza, loved tacky and crude advertisements. So I could totally see him making and ad that was along those lines.

03-17-2020, 07:44 PM

#65

FLYBOYMATTHEW

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Posts: 637

We're already selling tickets for less than a round of Coronas. That can only go on for so long.

03-18-2020, 10:49 AM

#66

bottoms up

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Bought in at 7.50. Did the same with UAL at 18.00. Will find out in a few years if the kids will go to private school or home school. (Nothing wrong with either)

Banking on a bailout. Probably not smart but I missed out buying CAL for pennies after 9-11.
The liquid courage helped me pull the trigger...excuse me while I go throw up now.

03-18-2020, 10:51 AM

#67

Halon1211

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Posts: 3,283

Quote:

Originally Posted by bottoms up

not a bad move...but I would of waited another couple of weeks. This thing is going to keep sliding down hill before it goes up.

I bought SAVE around $23 and thought I was happy until it slid to $10 and now it’s around $8

plus if you wait, you have a better chance of knowing if we are really going to pull through (which I think we will)

03-18-2020, 11:03 AM

#68

ropestart

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Joined APC: Feb 2014

Position: CA

Posts: 329

Quote:

Originally Posted by Halon1211

I believe we will see another $2 drop over the week. The bottom is near...and I agree we will survive.

03-18-2020, 11:03 AM

#69

bottoms up

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Quote:

Originally Posted by Halon1211

Are you kidding. When this is over people this summer will be wanting to go somewhere. And seeing how most people will have maybe an extra &500 for a vacation they aren’t going to pass off on those $9 dfw-myr flights. I’ll be one. Just let me jumpseat. I’ll buy seats for the kids and wife in back. And not those expensive BIG seats either. And we are bringing our own M&Ms and Cup O Noodles.

03-18-2020, 11:27 AM

#70

flyingpuma1

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Posts: 657

Quote:

Originally Posted by bottoms up

Banking on a bailout.

Bailouts are for big airlines that people don’t hate. No one will be offering us money, in general the public hates us and will not be sad to see us go the way of the Dodo.

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