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Bankruptcy

Old 01-17-2024 | 10:09 AM
  #1511  
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Originally Posted by RippinClapBombs
“Well, well, well.. how the turntables...” Michael Scott.

You’ve suddenly disappeared into the shadows of the abyss from the AAL BK thread. When did Excargodog’s start going into hibernation? When you decide to claw yourself back up can you “pretty please” give us your brilliant intuition on the probability of Spirit filing BK? Joking of course, please don’t.
Spirit going bankrupt may mean liqudation. In this market/environment, their assets have actual value unlike Covid. Creditors will get more value from selling off their assets than taking a xx% loss on their debt holdings and doing a reorg. With a half a decade wait for new Airbus jets, theirs would be in high demand.

I wouldn't in a million years have guessed Spirit would be this close. Their market cap is now down to $600m - jetblue offered $3.8b.

jetBlue needs to take the W! As the saying goes, better to be lucky rather than good.
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Old 01-17-2024 | 11:19 AM
  #1512  
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Originally Posted by RippinClapBombs
“Well, well, well.. how the turntables...” Michael Scott.

You’ve suddenly disappeared into the shadows of the abyss from the AAL BK thread. When did Excargodog’s start going into hibernation? When you decide to claw yourself back up can you “pretty please” give us your brilliant intuition on the probability of Spirit filing BK? Joking of course, please don’t.
F9 is in the corner, creepin. Things about to get real rapey. Spirit will probably give that butt up real quick tho.

It is funny all the nonsense ExCargoDoggie talked about AA going bankrupt. Regionals going bankrupt. Fist to profitability blah blah blah. Here’s an article I cut and pasted about Moody Fitch Ratings.

And now here we are. Spirit legit might be chapter 7.

I wonder if he did come over to AA? Not that he would ever admit it.
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Old 01-17-2024 | 11:26 AM
  #1513  
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Originally Posted by Name User
Spirit going bankrupt may mean liqudation. In this market/environment, their assets have actual value unlike Covid. Creditors will get more value from selling off their assets than taking a xx% loss on their debt holdings and doing a reorg. With a half a decade wait for new Airbus jets, theirs would be in high demand.

I wouldn't in a million years have guessed Spirit would be this close. Their market cap is now down to $600m - jetblue offered $3.8b.

jetBlue needs to take the W! As the saying goes, better to be lucky rather than good.
I don't believe anything until I get Exorcistdog's take on it. lol
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Old 01-18-2024 | 03:16 PM
  #1514  
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From: A32F FO
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American Airlines lands bull rating from Jefferies
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Old 01-18-2024 | 03:36 PM
  #1515  
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Got a link that isn’t locked behind a paywall?
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Old 01-18-2024 | 04:12 PM
  #1516  
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Originally Posted by Dorp
Got a link that isn’t locked behind a paywall?
Sorry about that. I just came across it on the stocks app on my iPhone. I went to the source and was able to view it here without a paywall: https://seekingalpha.com/news/405442...from-jefferies
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Old 01-21-2024 | 07:37 AM
  #1517  
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Say another "Black swan" event happened and AA needed to furlough. Would the jr furloughed guys have the opportunity to go to one of the WO regionals until recalled? Thanks for your replies in advance.
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Old 01-21-2024 | 07:46 AM
  #1518  
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We bankruptcy yet?
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Old 01-21-2024 | 09:33 AM
  #1519  
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Originally Posted by Margaritaville
We bankruptcy yet?
One of these days Alice, one of these days. Bing, bang, boom....to the moon! (Jackie Gleason hollow threat).

It's been 3 years. Is there a time limit?
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Old 01-21-2024 | 09:34 AM
  #1520  
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Originally Posted by pilot124
Say another "Black swan" event happened and AA needed to furlough. Would the jr furloughed guys have the opportunity to go to one of the WO regionals until recalled? Thanks for your replies in advance.
I don't think that is in the contract anymore.
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