A couple of airline analysts have said they expected Spirit Airlines will file for bankruptcy, followed by liquidation.


https://www.reuters.com/business/aer...th-2024-01-16/



https://www.reuters.com/business/aer...bt-2024-01-19/

then in the townhall, TC said while it is true we are loosing money bankruptcy isn’t even something they’re considering.

After he said that, HB with TD Cowen double down, and stood firm by her analysis that Chapter 11, followed by chapter 7 is the most likely scenario for Spirit Airlines.

https://youtu.be/_6566Xo0Mog?si=bNQTgqAfFJ-RdBny

Who do you guys believe? I think both sides have valid points.

Do you think we are on the verge of bankruptcy and TC was just trying to calm us down, so there wasn’t a mass exodus? I know CEOs do lie sometimes but he did say under oath that he does expect us to return to profitability and I think TC is smart enough not to commit perjury by lying under oath.

HB was wrong in her first assessment that it was unlikely that Jetblue and Spirit would appeal the judges ruling.

Two of these airline analyst are people who normally call-in on the spirit airlines earning calls, I’m sure they have nothing to gain or lose an have an unbiased opinion.

Savanthi Syth with Raymond James

https://www.raa.org/wp-content/uploads/2022/09/2022-Savanthi-Syth.pdf

Helane Becker with TD Cowen

https://www.cowen.com/profile/helane-becker/



What do you all think?