Originally Posted by
Judge Smails
It wasn’t nonsense. We were merging with Jetblue, which meant a joint CBA was imminent. The CBA we signed was intended to be a stopgap to put us on better footing until the JCBA was negotiated and completed. That contract was the prize. It was always a risk that the merger would fall through. What wasn’t planned for is the company continuing to hemorrhage cash at an ungodly rate that continues to this day.
Spirit Airlines lost around $2314 in the minute it took you to type this, based on previous quarter losses.