Originally Posted by
Halon1211
as much as I hate our current Administration. I don’t think it will matter who is in office. It will for sure be approved. Plus now we can definitely claim “failing firm” defense.
The only thing we need to know now this time is how much of it turd the shareholders are going to get. (Less than the first time around.)
Could be nothing as either way spirit is going to file chapter 11 and shareholder will likely be wiped out. Frontier(indigo) will provide the dip financing and merge the two carriers after emerging from chapter 11.