Originally Posted by
Rabid Seagull
I actually give JoJo high marks. She's been able to dangle the carrot for investors for many years now and I hope it continues (the employee carrot has fallen and molded). I think if she can continue selling "if we just __________, we'll be fine"
(Mini Mint, lounges, advancing recurrent ground school [thanks for the 6 month move-up], anything Delta or United does to be implemented in 3 years, etc).
And with all that debt, isn't there really only one way out of it? For stock holders, you'll get your 15% bump when Spirit goes out of business, but if Spirit lingers on, we'll be bankrupt by the end of summer.
It'll be an interesting earnings day on the 27th: Management will list all their accomplishments/ changes that will be overlooked by the failures during this upcoming winter storm. "We have a plan, just not when it snows this much". Here's to sunny days ahead.
I love how people incorrectly think how close we are to bankruptcy.