Thread: Spirit of NKS
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Old 07-27-2011 | 08:26 AM
  #2676  
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ALPO Whisperer
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The real war right now is in Washington, DC...not in the Spiritsphere.

If the community organizer and Congressional leaders can't come up with a solution to our massive debt obligations and REAL reductions in federal spending, then default could become a reality. This translates into increased borrowing costs and anemic economic growth.

The ability to borrow on favorable terms especially impacts small businesses like Spirit Airlines. This talk about 10 airplanes, the aircraft currently scheduled for delivery, upgrades, newhires could all change if there's no solution come August 2nd.

The markets are anticipating a compromise. But, if there's no agreement and a default occurs, the fallout could adversely impact Spirit's growth plans going forward.

Let's not let the horses out of the barn without the barn doors open first...