John Ostrower
๐ค SpeakerAppearances Over Time
Podcast Appearances
Donald Trump is an aviation lover.
He's America's first avgeek president.
And he loves things that fly, whether it's Air Force One.
He's always had a keen interest in aviation.
In fact, he was the owner of an airline in the late 80s and 90s, which went bankrupt.
And so it's something that's always been near and dear to his heart.
So I think that, you know, whether it's support for Boeing or other different strategies, you just see it play out in terms of his intense interest in this.
I think there's also a dynamic ways of reporting that we've done.
Florida airline, Florida president.
And I think that these go hand in hand with the discussion.
You know, heading into the midterm elections, there's also the affordability question, which is very much in the forefront of voters' minds around, you know, what will make life in America more affordable.
And low-cost carriers are an important part of that because they do hold down prices.
the affordability and fares profitable or not for the rest of the industry so spirit right now is under two percent of u.s airline capacity it's not a big piece like like this is not a large carrier by any stretch of the imagination but however in the markets that they operate um the
Their ability to offer low fares forces competitors to move their fares lower so they can grab customers.
And naturally, the fares will rise along with the declining supply.
This is it's a very predictable market in that regard.
It's very, very sensitive to the amount of capacity that exists.
In America, for the time being, yes.