Originally Posted by
CatPilot1
Spirit will be bought/merged before a bankruptcy is possible simply bc how quickly a chapter 7 would transpire via a chapter 11. I also believe a bailout of sorts would be possible outcome.
Having to merge pilot groups is a disincentive to such a merger unless the core assets of the mergee far outweigh the costs...what would Spirit's unique and valuable assets be that would incentivize an interested party to forgo an asset purchase or BK auction in favor of also taking on expensive labor it could simply replace at a lower rate?
Also, DoJ just showed its take on a merger. Why would another shot succeed?