Economic Impacts of Iran War
05-04-2026 | 10:13 AM
#1511
Gets Weekends Off
Joined: Mar 2011
Posts: 3,473
Likes: 288
From: 737 FO
This is an incredibly biased and willfully ignorant take.
You know exactly what was meant by wild predictions of, “furloughs!!” Trying to tie an elderly patient already on double life support to ‘furloughs’ to justify your worldview on the issue seriously lacks credibility.
You know exactly what was meant by wild predictions of, “furloughs!!” Trying to tie an elderly patient already on double life support to ‘furloughs’ to justify your worldview on the issue seriously lacks credibility.
05-04-2026 | 10:22 AM
#1512
Perennial Reserve
Joined: Jan 2018
Posts: 14,236
Likes: 254
(I should know better than to engage with you, but humans are more emotional than wise)
"Furloughs or no furloughs".
While technically having ones employer cease operation isn't a furlough, it certainly achieves the same result.
The number of people at Spirit was around 17,000, was it not? (And probably thousands more to come as the Spirit shutdown ripples through its vendors)
It is actually worse than a furlough.
All vacation accrued gone.
All accrued sick leave, gone.
All accrued seniority, gone.,
So, for those who predicted furloughs, I would say they pretty much called it right.
"Furloughs or no furloughs".
While technically having ones employer cease operation isn't a furlough, it certainly achieves the same result.
The number of people at Spirit was around 17,000, was it not? (And probably thousands more to come as the Spirit shutdown ripples through its vendors)
It is actually worse than a furlough.
All vacation accrued gone.
All accrued sick leave, gone.
All accrued seniority, gone.,
So, for those who predicted furloughs, I would say they pretty much called it right.
Blaming “the current administration” is just a little simplistic.
05-04-2026 | 10:37 AM
#1513
Line Holder
Joined: Oct 2009
Posts: 1,154
Likes: 192
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.
Blaming “the current administration” is just a little simplistic.
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.
05-04-2026 | 10:54 AM
#1514
Line Holder
Joined: Mar 2026
Posts: 217
Likes: 218
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.
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.
They liquidated simply because they ran out of cash. This was going to happen whether gas prices went up or not. Their business model was not sustainable without an influx of cash every few months. They knew that and tried to merge with another airline...... until Biden foolishly put a stop to that under some misguided anti-competitive belief. How well is that working out now?
You also realize that there have been furloughs over the past few years even when other airlines were hiring right? In addition to Spirit, Avelo and Omni furlough ted. I am sure there were a few others. This was before the price increase.
The point the other posters are making is we all knew what you meant with your ridiculous original prediction, we would see furloughs industry wide. Well that hasn't happened yet. Sorry not sorry
05-04-2026 | 11:17 AM
#1515
Line Holder
Joined: Mar 2015
Posts: 1,569
Likes: 67
05-04-2026 | 11:28 AM
#1517
Gets Weekends Off
Joined: Mar 2011
Posts: 3,473
Likes: 288
From: 737 FO
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.
Blaming “the current administration” is just a little simplistic.
Do I blame the current administration for all of Spirit’s problems? No
Do I think fuel costs sealed their fate this week? Yes
Do I think Spirit management has been failing at their jobs for almost 1/2 a decade now? Also yes.
Do I think Spirit is the only carrier that won’t survive this? No.
Pretty simple.
05-04-2026 | 11:38 AM
#1518
Gets Weekends Off
Joined: Apr 2011
Posts: 3,488
Likes: 137
Iranian President Masoud Pezeshkian;
^^^strokemaster believes that. I do not.
“Portraying Iran as a threat is neither consistent with historical reality nor with present-day observable facts,” he wrote. “Such a perception is the product of political and economic whims of the powerful—the need to manufacture an enemy in order to justify pressure, maintain military dominance, sustain the arms industry, and control strategic markets. In such an environment, if a threat does not exist, it is invented.”
05-04-2026 | 12:32 PM
#1520
Gets Weekends Off
Joined: Dec 2007
Posts: 6,193
Likes: 254
We are going to find out who was naked very soon, especially in AI/Tech stocks
Thread
Thread Starter
Forum
Replies
Last Post
