Originally Posted by
FriendlyPilot
Spirit has a $450M DIP financing repayment due in July. This lets them pay that off and it they can get to profitability by July lets them possibly exit BK. But it’ not like they just get to keep $500M to keep burning and not pay back the DIP loans.
so Spirits been losing money for 61 months (to be fair first 2 years of Covid everyone was losing money) and you think in 2 months by July they can turn it around?