Originally Posted by
JoeBlo
So what’s going to change if spirit gets the 500 mil?
they all of a sudden going to be profitable?
Im all for saving jobs but spirit management squandered profits away for years when every other airline made **** tons of money. That behavior does not deserve a govt handout reward.
If Spirit gets $500M they will be able to repay the DIP financing ($450M) and then close their doors. At least Citadel will get their money back.