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Old Yesterday | 07:03 PM
  #51  
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Originally Posted by MainlineFlyer
Yeah, but once the government has a stake it won't let Spirit fail. At that point B6 is doomed and I don't feel like Trump would bail us out.
I doubt think the DON will bail out a woke CO like B6. He will say “once you go woke you go broke”
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Old Yesterday | 07:17 PM
  #52  
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Originally Posted by BlueJuicer17
I doubt think the DON will bail out a woke CO like B6. He will say “once you go woke you go broke”
Personally I don’t think Spirit will get the funds……. It smells more like trying to drum up more support through the private sector.
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Old Yesterday | 07:22 PM
  #53  
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Originally Posted by Shrek
Personally I don’t think Spirit will get the funds……. It smells more like trying to drum up more support through the private sector.
Polymarket bets giving it only a 45% chance of happening.
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Old Yesterday | 11:02 PM
  #54  
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Originally Posted by MergingTargets
Apparently the government’s going to give Spirit 500M in exchange for a “significant stake.”

Cool, so we’re commies now. First US state-owned airline, and it’s Spirit.

On the other hand, no matter how freaking awful your service, management, business plan, etc… it appears it’s literally impossible to go out of business now?
The US government already gave United almost $500 million in 2002. In addition to several billion to other legacy airlines throughout the 2000’s.

If anything it’d be unfair to refuse to give spirit money when all the legacy airlines got to cash their big checks.
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Old Yesterday | 11:51 PM
  #55  
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Originally Posted by 100 Above
The US government already gave United almost $500 million in 2002. In addition to several billion to other legacy airlines throughout the 2000’s.

If anything it’d be unfair to refuse to give spirit money when all the legacy airlines got to cash their big checks.
You’re talking after 9-11, right? 9-11 and Covid, all airlines received cash. Government didn’t just pick and choose. This Spirit deal sets a bad precedent.
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