Originally Posted by
Excargodog
I was at Spirit. I bailed when the court judgement went against the merger - on the advice of the senior CAs I was flying with. I understand and sympathize very much with those who had more seniority there than I did and opted to stay. They had more to lose starting over than I did. But NK went into bankruptcy TWICE in less than a year BEFORE the war started. And engine issues they couldn’t promptly address due to the engine manufacturers having used defective supply chains during COVID. Blaming this on Iran in the face of increased competition from the legacies, engine manufacturer problems, serious miscalculation by management and the DOJ as to its viability absent a merger leaves plenty of blame to spread around not involving anything having to do with foreign policy decisions one may or may not agree with.
Blaming “the current administration” is just a little simplistic.
You are correct Cargo.
But it was the immediate and proximate cause.
It doesn't have to be even "blaming the administration".
It was in response to Vax saying the predictions of furloughs hadn't come to pass. Well, they now have. It was the proverbial straw and it is pedantic spin to try and say that "well they don't count" because they were already sick.
I worked for one of the 3 majors that closed their doors in Nov. 1991.
It is quite likely that none of them would have been in business by the end of 1992.
But it is an empirical fact that the first gulf war was the reason that the shut down occurred in Nov '91.
It is disingenuous to say elsewise.