$Spirit Airlines (SAVE.US)$ It should be at the bottom. Ther...
$Spirit Airlines (SAVE.US)$ It should be at the bottom. There are almost no retail transactions, but the volume is a bit high 🤔🤔🤔 Very strange company, apparently Revernue is still at a very healthy level, but the company is losing money. However, tourism is actually resuming. Why can't this company make money
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QMengColdJoke : Trade unions made a big fuss last year. All airlines raised their salaries, and labor costs were under great pressure. A prisoner's plight similar to that of shipping last year and before. The occupancy rate in the industry is average; whoever rises first will lose. The US cannot engage in a price alliance, and Biden has issued another order to limit ticket prices, so he is afraid to raise prices. However, once an incident is ignited, such as a Boeing plane crash and the flight is to be grounded, the industry's price increase will not come down.
Daddywrites : forced cap of ticket prices by administration will make it very hard for spirit to make a comeback but hopefully they pull through even though I'm betting on their loss.