I'm not saying prices aren't going to increase. I am saying that it won't increase enough for stocks to increase. My argument is: 1. There will be limited increased demand from Spirit customers. With oil prices causing increases everywhere, the majority just won't fly. 2. I bet that prices on routes for airlines whose sole competition isnt spirit, then they weight the price difference of spirit less. So, for the most common routes where airlines make most of their revenue, costs related to spirit not being there will be lower. On the margin? Sure, flights like MSP to DTW where delta really only competed with Spirit and sun country, then prices might go up, but again I think that those routes are small and infrequent enough that they don't meaningfully impact bottom line on major airlines. My bet aggregate airline prices do not increase meaningfully from Spirit and are almost entirely correlated with oil.

---

Do you think delta has as part of its pricing algorithm "we need to make this flight a bit cheaper because they might take spirit"? They are different customers. I don't consider spirit, frontier, sun country etc as options no matter the price, most people don't. Some on the margin maybe but I'd say a majority of spirit customers just won't fly next year unless theres another ultra low cost airline like frontier in their local airport.

---

I feel like Christian Bale in Empire of the Sun counting the number of weevils in rice daily as I count the number of oil tankers that pass through Hormuz each day

---

dang even TLT spiked last october. the hell was that month. is that what blow off tops look like? everything under the sun at ath?

---

Better to put it in the sun to heat up. More natural

---

Leave these bears, stunned and disbelief as we power out their anus into the sun

---

Just going to start buying a random put otm when I feel like SPY is going to moon. Icarus flew too close to the sun today apparently. 

---

You guys know the drill futes dump sun big V Monday

---

The run up over the last month feels like euphoria that cannot last. But it's like a rip current; try to swim against it and you just end up drowning. Might as well make hay while the sun shines.

---

The sun rose in the east and is expected to set in the west

---