3 ms·
% of revenue is not the correct measure since they are low cost. You need to compare costs independent of rev.
by wtvanhest 9y ago
% of revenue is not the correct measure since they are low cost. You need to compare costs independent of rev.
- tyingq 9y agoDefine low cost. Their actual costs per seat mile are closer to AA and Delta than they are to Spirit. You may be thinking of a time long ago.
- wtvanhest 9y agoI am saying that revenue has no baring on employee cost structure. They have a much younger workforce, didnt have the issues with pensions that the other major carriers had and still pay their people less on average. Their only real advantage was a speculative bet on fuel prices. Again, they are already reverting to the mean and will continue to do so.
- deleted 9y ago[deleted]
- deleted 9y ago[deleted]