Originally Posted by
Born2FlyAv8R
they did - in second quarter last year. But no one wants to remember that. Yes spirit showed a profit Q2 last year, but by Q3, spirit was going into a merger where making money wasn’t going to help get the merger passed. Then all of
a sudden; spirits doing poorly. Do I think spirit is in perfect shape? No! But let’s give credit where it’s due.
Pre-tax.
They had a 15m net profit in Q3 2021, but significant losses in every other quarter since covid. The last two quarters were -156m and -183m. Losing about 500m per year, with a huge junk bond maturing in 2025.