Originally Posted by
rickair7777
How big is the actual risk of BK, really? Any positive trends in financials?
I give it better than 50/50 we declare ch.11 within a year barring some sort of external help. We haven't reached peak parking of jets due to engine issues, lots of unknowns on the compensation from POS American manufacturer Pratt (RTX), low yields due to competition in the basic economy segment from the legacies that have better reliability.... And from what I read, $1.1 billion due in 2025 just for aircraft payments (I hope that number is wrong).
It's not good at Spirit financially.