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-   -   Spirit liquidation rumored this week (https://www.airlinepilotforums.com/major/152773-spirit-liquidation-rumored-week.html)

word302 04-22-2026 10:14 AM


Originally Posted by Profane Kahuna (Post 4026344)

Sounds like socialism.🤪

airplanes 04-22-2026 10:21 AM

Well if spirit is too big to fail then AA is definitely too big. We can stop that whole debate about their finances and whether they go under.

AllYourBaseAreB 04-22-2026 10:24 AM

Love to know the structure of this potential deal and what creditors get priority when it inevitably doesn’t work

m3113n1a1 04-22-2026 11:36 AM

Happy for Spirit bros, hopefully it works long term and isn't just delaying the inevitable. However, this creates a pretty bad precedent and moral hazard. Basically encourages corporations to take excessive risk and not worry about failing because Uncle Sam (taxpayers) will be there to save you. I thought we were against corporate welfare?

Stock holders should be wiped out or something as a consequence of accepting a "bail out" to deter this type of thing in the future.

Covid was a unique worldwide event, so I don't think parallels to that can be drawn.

airplanes 04-22-2026 12:20 PM


Originally Posted by m3113n1a1 (Post 4026377)
Happy for Spirit bros, hopefully it works long term and isn't just delaying the inevitable. However, this creates a pretty bad precedent and moral hazard. Basically encourages corporations to take excessive risk and not worry about failing because Uncle Sam (taxpayers) will be there to save you. I thought we were against corporate welfare?

Stock holders should be wiped out or something as a consequence of accepting a "bail out" to deter this type of thing in the future.

Covid was a unique worldwide event, so I don't think parallels to that can be drawn.

Republicans bailing out airlines is a tradition at this point. Right up there with God, Guns and oil wars


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