Originally Posted by
havoste
But if no Iran War Spirit would not need a bailout right now. The confirmation plan (not saying it wouldn't have led Spirit right back here) was on track before the high oil prices.
This industry is about the unexpected happening and being able to deal with the unexpected. The oil price isn’t even that high when compared to previous “high oil” events. In the end, the Iran war was just the final light breeze that would have pushed the Jenga tower that is Spirit, over. That’s the industry.
Spirit will get their $500m bailout, and it will open the Pandora’s box of open hands from other airlines. Let that begging begin.