Originally Posted by
FlyFlorida2025
They were cash flow positive for the 2nd month in a row, they haven't drawn from the DIP and most of the losses in November were directly tied to their bankruptcy expenses. They are not burning cash! You forgot to add in the cash from the loyalty program aka Spirit Cayman. They have more money in the bank now than they did in October. Most people on this site prefer bad news, but this is good news.
The October report shows the $250M inflow of cash from the DIP financing. Its literally on there. Also in addition to that they lost $96M and burned almost as much cash. You can keep saying it, but it doesn't make it true.