Originally Posted by
DapperDon
I hope it doesn't happen but Chapter 7 is much more likely in this environment. There will be a bidding war for airplanes and gates between all the carriers. There is a huge shortage of both. No way lessors will negotiate for lower lease payments etc in this environment. Best of luck to all the Spirit pilots.
I agree chapter 7 because of the current environment. What an industry. The judge’s ruling basically just helped grow the Big 3.