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Old 01-16-2024 | 07:39 PM
  #188  
DrJekyll MrHyde
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Joined: Aug 2016
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From: Bus CA
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Originally Posted by Halon1211
https://www.yahoo.com/finance/news/spirit-airlines-finds-itself-few-235640685.html

correct me if I’m wrong but I believe if Spirit files for ch. 11 the company can renegotiate our contract.
I think Chapter 7 liquidation is a bold forecast. And I don’t agree with her assumption that “no other airlines will step up” to offer a merger. I guarantee Indigo/Frontier is still interested and they like their chances. Virtually all the arguments made by the judge are not applicable in a Frontier-Spirit Merger. Merger agreement 2.0 coming in 2024, approval in 2025. And really fair chance the White House changes hands at the end of 2024, which would ensure DOJ approval.
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