Originally Posted by
69fastback
Not unless something changes. Ch. 11 requires money, and Spirit doesn’t have enough of that to file Ch. 11 again, at this point in time.
The company is probably out of cash soon. Ch11 will be required or creditors will start initiating involuntary bankruptcy. IF they make it out of ch11 again is probably questionable.
But this time it will be a real ch11, not like the rookie stuff last time. They will come for the CBA this time.