Spirit Airlines is the carrier that advertised their “Many Islands Low Fares” or MILF sale with a young man in bed with an older woman who turns out to be his best friend’s mom — and the tagline, “Think that’s low? You should see our fares!”
They ran an invitation to check out the (suntan) oil on their beaches during the Gulf oil spill. And an Anthony Weiner sale and a Carlos Danger sale… the More Bang for Your Buck fare sale to Cartagena during the Secret Service prostitution scandal too.
For goodness sakes they offer a $9 fare club (naturally you pay a fee to join).
So what planet are we on where Spirit is complaining that fares are too low?
— justinbachman (@justinbachman) July 27, 2017
Spirit Airlines earnings were dragged down by a dispute with pilots in May that led to flight cancellations. Passengers wound up dragged as well.
Total revenue is actually up year-over-year 20% for the quarter. Passenger revenue per available seat mile is up as well, but costs are up more. As a result net income was flat and margins down.
The airline believes their “cost performance for the second quarter was not satisfactory” if you can believe it the airline wants lower costs even as they work to finalize an agreement with pilots that will result in wage increases of 30% or more.
Under new CEO Bob Fornaro Spirit sure seems to be inching closer to being a traditional airline.