Thread: Spirit unsure it can emerge from bankruptcy
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Old 11-29-2024 | 04:23 AM
  #29  
sailingfun
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Originally Posted by Halon1211
As such, “management believes there is substantial doubt about the Company’s ability to continue as a growing concern”.

https://aerospaceglobalnews.com/news/308-million-q3-net-loss-as-spirit-airlines-questions-ability-to-continue-as-going-concern
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Spirit first said it would be able to recover from chapter 11 next year now it’s unsure if it can do so.

thoughts?
Play to attack the wages and benefits of the employees. Also a good excuse to increase the retention bonuses for the executives.
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