in all honestly I don’t understand how spirit has enough unrestricted cash to operate still. I thought there was a 450 million dollar floor. Under the LAST MOR with an average with an average burn rate of 2-3 million per day and then scaled down after the lease returns and such that would still put the airline under that limit by now.

Combine this with a 5-10% cancelation rate for most days and it’s beyond me how they are making it work still.

remember the articles after thanksgiving thinking spirit was going under? Spirit has only received 50 million from creditors since then, the gate sales went straight to creditors as well and did not help with cash on hand I believe.

so I’m kind of at a loss for how the airline is continuing business as usual.

also when is the MOR for December going to get published??? It’s almost been 3 months at this point. Seems strange.