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Posted by bjhess 16 hours ago

Let's Buy Spirit Air(letsbuyspiritair.com)
473 points | 443 commentspage 5
wonnage 14 hours ago|
Kinda sketchy that all of the base stats are hardcoded in the JS (foundingPatrons is 36605, totalPledged is 22816377). Then it fetches some "live" stats and adds values to that.
Teever 15 hours ago||
I'm not American and I've never flown Spirit Air so can someone explain where all the loyalty to this airline is coming from? Like isn't this another big corp biting the dust?
TheCondor 2 hours ago||
Not a fan of spirit. I used to kind of like Frontier, but they ended that.

I was doing a two hour flight monthly for business, 2 hours each way. Frontier was about half the cost of more premium airlines. The times were good and predictable. I never checked anything and maybe rarely I’d buy a snack. Now I won’t claim that it was “comfortable” but it was predictable, inexpensive and kind of efficient all of which sort of creates a ‘comfort.’ It was a flying bus and it was ok at that.

Somewhere, I think when there became competition for the ultra discount airlines, the staff culture changed and it seemed not uncommon to encounter an employee that resented the customers. Spirit had multiple reported incidents of crew filming customers and just being generally antagonistic. Basically they hire service people that generally don’t have to provide much service and it becomes ”extra work” when they do;worse they often see a price tag associated with the “extra work” and it’s not reflected in their compensation

wincy 15 hours ago|||
I could fly from the middle of the USA to Orlando round trip for $90 if I just packed a backpack. Unbeatable value, that’s cheap enough for a spur of the moment weekend trip for the whole family.
williamDafoe 9 hours ago||
Only on a nonstop. Spirit dumps passengers all the time on vonnections.
ceroxylon 15 hours ago|||
They had affordable flights between places like LA and Vegas / Florida and Cancún so it became almost like a bus route for some people.
pRusya 15 hours ago|||
It had good departure times both mornings and evenings.

And it was cheap, so you could book a next day flight without paying multiples in premium.

It was fun and affordable to fly out of state in the morning, spend a day exploring another place and get back at night.

soared 14 hours ago||
For clarity, absolutely nobody did or does this. Spirit is bottom of the barrel cheap - it made flying accessible for many people, who otherwise would not fly (think Ryan air). Absolutely nobody was interstate day tripping, especially on spirt, besides this poster.
phainopepla2 14 hours ago||
I'm not sure why you're downvoted. You're definitely right that it's extremely rare behavior.
fragmede 2 hours ago||
This is based on access to their passenger records and having done data science analysis on it, or just vibes?
s0rce 15 hours ago|||
Not sure, maybe people like the underdog or just like the business model, you pay for what you get. I flew them a couple times and it wasn't great.
icco 15 hours ago|||
It and Frontier were the only affordable airlines.
loloquwowndueo 15 hours ago|||
No, it’s a small corp biting the dust.
bigstrat2003 13 hours ago||
I am American and it baffles me as well. Spirit was one of the worst possible choices for flying, where every little thing was an upcharge. Why people willingly submitted to that insanity I will never understand.
AlexandrB 13 hours ago||
They often had the cheapest fares. That's basically the reason for all the shitty upcharges in the airline industry. Many folks don't care enough about that kind of thing to pay more for a flight on a different airline.
anovikov 10 hours ago||
It's a lot simpler. They were providing cheapest service in the era when almost 50% of spending is from top 10% consumers. Inequality made no-frills model unprofitable, no airline without a good premium product and good public image is viable today.
shevy-java 11 hours ago||
The orange king is incompetent on just about every level, save for his cronies pocketing away money into private pockets. You have to ask the people who voted for him why they support this.
mohamedkoubaa 13 hours ago||
We are just not a serious country anymore are we
Vaslo 12 hours ago||
We can barely make an mmo with a bunch of kickstarters who threw in 50 bucks 5 years ago complaining about “the excessive money they laid out” squeaky wheeling the games to death, this is going to be even worse.

Great idea in theory but…

mrcwinn 12 hours ago||
Please be sure to start a second site that raises money to bail out the first site.
BoorishBears 13 hours ago||
I was looking into Spirit's bankruptcy(s) and it's really fascinating.

One of the creditors that piloted their exit from the first bankruptcy also provided on $80M out of a $270M line of credit secured by assets Spirit needed to survive (an RCF was backed by their right to take-off and land at LGA amoungst other thinfs)

1 week before the 2nd bankruptcy, Spirit drew against the entirety of that line of credit.

During the 2nd bankruptcy, besides rolling large amounts the debt owed to them from the 1st bankruptcy (so Spirit would need to pay it back before other creditors), they had the proceeds of plane sales go towards... interest payments on their RCF and paying back additional financing from the 2nd bankruptcy.

The creditors leading the 2nd bankruptcy also sold the lease to Spirit's largest hangar on April 2nd, but did a similar thing again: instead of the cash going towards operations, it went to the creditors who'd led both bankruptcies.

-

Seeing as they refused the government's bailout, I'm guessing this is doomed as well, but interesting stuff for a non-finance person

alex43578 15 hours ago|
LOL. Will this be the first AI-slop to earn an SEC investigation?
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