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They can’t make it 18 months.
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How long can they survive depressed demand? Seems to be down about 25%.
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God - I think you want to own businesses with clean balance sheets and very low fixed costs. Basically, the opposite of an airline.
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If you have to pick one: Delta. The issue everyone faces now is demand, but the issue in six months will be spare parts, and DAL is better than any other airline at maintenance/repair/overhaul
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Have also demonstrated greater willingness to limit capacity to match demand (enabled to a great extent by not trying to minimize CASM with bigger/newer planes).
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I don’t have the answer, but I know if it bankrupts Spirit Airlines, at least there will be a silver lining to this tragedy.
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