Originally Posted by
Qotsaautopilot
Just don’t want the debt to be crippling and Spirit isn’t exactly on the healthy debt side IMO and getting more is not the news I wanted to see.
Fitch just looked at a lot of that debt today and was pretty happy with it and they are pretty conservative about airline debt right now:
Buying aircraft at rock-bottom prices is actually a pretty good deal if you can gainfully employ them, even if you take on debt to do it. Assuming it IS the bottom, and you CAN gainfully employ them. But if they are going to get the growth they anticipated in the last earnings call they will need additional aircraft purchases.