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Old 04-28-2022 | 02:07 PM
  #449  
gatorbird
Gets Weekends Off
 
Joined: Dec 2008
Posts: 550
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From: A320 CA
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Originally Posted by DrSours
A lot of people talk about coming to Spirit because it’s a recession proof airline.

I have a question then. Did Spirit not furlough pilots during the 2008 recession?
I know what you're going for here--and it's honorable--but has holes in it. The airline sent aircraft (8?) back to the lessor without penalty because they wanted to redistribute their assets in case we went out of business. This was in response to $140+/barrel of oil. Once oil plummeted, the airline went in search of airplanes but couldn't find any. Plus, the financial system had pretty much locked up money, so there was very little in the way of financing for an airline with 25 airplanes.