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Old 01-16-2024 | 12:08 PM
  #149  
planejoe
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Joined: Mar 2022
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Originally Posted by Mainline Mulier
Just file for CH11 protection. That would be a enough of an FU.
The court documents specifically stated that Spirit's executives have a plan to get back to profitability. So it wouldn't be an FU, it would just be a failure of those executives to deliver.


"Although Spirit is struggling, its executives testified that the airline had a long-term plan to return to profitability." See, e.g., Tr. Ex. 678 at 2; Tr. 11/7/2023

https://storage.courtlistener.com/re...67.461.0_8.pdf
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