Originally Posted by piperpilot12w

How did Spirit come to be encumbered by such a large amount of debt leading to such uncertainty? Did management make some terrible moves that have led to this ( planes, new training center, lack of F.O.'s to keep all the planes in the air in 2022, etc.). Or is it they haven't been making money since Covid and the industry is leaving the ULCC model behind and the NEO engine issue is choking them.