Originally Posted by
sailingfun
Spirit is not going anywhere. They might file chapter 11 in a year or so but they will reorganize and bring their employee costs back down to ULCC levels and do just fine.
Lets say they go into Chapter 11. Don't think there's ever been a significant airline bankruptcy when the market for airframes was tight. What if the lessors have people willing to pay twice what spirit can? Chapter 11 doesn't works when all your vendors have better options than you.