Well, over the past copule of years, he hasn't been able to earn a profit it in the most robust and lucrative liesure air travel environment ever. And that was before the GTF issue.

The question is, why would he be able to "dig it out" now, when that boom is cooling (althought business travel seems to be trickling back) and there are much more significant issues to contend with?

I don't think anyone except maybe jetblue wants spirit to declare BK and de-stabilize the industry. But the writing is on the wall, unfortunately. And as always, through no fault of the pilots.