Originally Posted by
RiddleEagle18
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.
If we file chapter 11, Frontier will lose almost 2 billion worth of Spirit Net Operating Losses. These loses can be carried fwd for 20 years by the acquiring company. No way Spirit files 11. Come on my boy.