Thread: Virgin Luv
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Old 03-07-2014 | 06:57 AM
  #75  
putzin
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Joined: Jun 2006
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Originally Posted by brianb
Spirit Airlines is a lot of things, trashy is certainly an apt description however, they are one money making machine. Did you guy's/gal's get an portion of the IPO when you went public?
No they sure didn't! It was very short sited during negotiations, but it appears the work rules turned out well.

However, they also weren't told they were getting roughly X amount for the last 7 years either only to have their shares diluted to roughly half or less because of a lot of wasteful spending. But it sure is fun!
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