Spirit liquidation rumored this week

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04-30-2026 | 10:03 AM

#191

Name User

Gets Weekends Off

Joined: Mar 2014

Posts: 4,153

Likes: 337

Quote:

Originally Posted by RiddleEagle18

Burry your head all you want but spirit already missed an interest payment and is in default. I did the same thing when I was at Comair. It’s not fun. I wish all the spirit guys well. Atleast it’s happening in a pilots market right now and not in 2008.

If Spirit was shutting down tomorrow, there would already be a ton of canceled flights and so far nothing.

04-30-2026 | 10:17 AM

#192

CGLimits

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Joined: Jan 2016

Posts: 560

Likes: 136

Quote:

Originally Posted by Name User

If Spirit was shutting down tomorrow, there would already be a ton of canceled flights and so far nothing.

Yeah, keep in mind that Airline managers lie too. This whole thing about “we only have a few days left” could have been posturing to negotiate a bailout or sale.

04-30-2026 | 10:35 AM

#193

rickair7777

Prime Minister/Moderator

Joined: Jan 2006

Posts: 45,098

Likes: 788

From: Engines Turn or People Swim

Quote:

Originally Posted by Name User

If Spirit was shutting down tomorrow, there would already be a ton of canceled flights and so far nothing.

That's not always how it's happened in the past. Managers may not send any overt signals until they're certain they no longer want any ticket sales revenue.

They will not care at all what happens to deployed crew (unless they also care about where the planes wind up).

04-30-2026 | 10:59 AM

#194

TurquoiseLine

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Joined: Sep 2022

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Quote:

Originally Posted by Name User

If Spirit was shutting down tomorrow, there would already be a ton of canceled flights and so far nothing.

That’s not how shutdowns happen. it’s with immediate effect when planes land.

ALPA has contingencies to help stranded crew non rev on OAL’s to get home.

04-30-2026 | 11:00 AM

#195

drywhitetoast

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Joined: Jun 2018

Posts: 578

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From: Earth

Quote:

Originally Posted by TurquoiseLine

That’s not how shutdowns happen. it’s with immediate effect when planes land.

ALPA has contingencies to help stranded crew non rev on OAL’s to get home.

See Silver Airways.

04-30-2026 | 11:19 AM

#196

RiddleEagle18

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Joined: Nov 2005

Posts: 2,709

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https://x.com/josh_wingrove/status/2...3/video/1?s=46

that sounds less than promising.

04-30-2026 | 11:24 AM

#197

Bestglide

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Joined: Dec 2013

Posts: 546

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From: 756 left...

https://www.traveltourister.com/news...deal-shutdown/

According to this there is a seven day clock that has to happen first before a shut down occurs.

04-30-2026 | 11:26 AM

#198

rickair7777

Prime Minister/Moderator

Joined: Jan 2006

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From: Engines Turn or People Swim

Quote:

Originally Posted by Bestglide

https://www.traveltourister.com/news...deal-shutdown/

According to this there is a seven day clock that has to happen first before a shut down occurs.

If the clock runs, at the end of the seven days, liquidation *could* occur. But it does not *have* to occur. That's a BK court process. Not any kind of process to actually wind down the airline.