Originally Posted by 3inthegreen

They evaporated almost $500 Million in Cash the first 90 days of the year.

But let’s say for your ego’s sake, it’s only 5 Million a day instead of 8. Is that really gonna change the outcome for Spirit? Is that gonna stop them from furloughing another several hundred pilots? Is that gonna stop them from shutting bases down and permantly destroying the QOL for 1/3 of the Spirit Pilots.

Spirit is a financial dumpster fire and it’s past a point of no return. Whether it bleeds out over the next 3 months, 6 months or year, isn’t going to change how it ends. It will eventually die a insolvency death. The NEOs will f@ck you guys from getting bought or merged with anyone. And the industry will just let the liquidation happen and then pick the pieces of the carcus over once it’s shutdown.

Any pilot who chooses to stay after this coming weeks announcements will get to eventually enjoy bleeding their savings and 401K dry while they wait a year for a class date at a legacy.