Spirit liquidation rumored this week
 

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Spirit liquidation rumored this week



Hope everyone has a place to land and take off again.


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no they don’t. This is bad

FlightAware only shows 17 airborne flights total right now for Spirit. https://www.flightaware.com/live/fleet/NKS

5+ parked in the DFW mx area.

Things aren’t over until they’re over. I truly hope Spirit survives in some form or another. That said, I am truly grateful to have found a lifeboat, and the fact that people senior to me were in my class made my justification feel that much better. It’s tough to start over, especially for those of us who were/are towards the top. I totally understand. I hope everything works out for everyone there.

Just to clear up baseless speculation, none of what you're all posting (5 planes parked in DFW, 17 planes in the air) have any correlation or relation to any potential liquidation. For Tues and Wed Spirit plans to fly around 200 flights/day, vs 400 on other days, a dramatic planned decrease. There were also additional tactical cancellations throughout the month due to fuel prices.

Spirit is also flying aircraft to Victorville today. Those are the 20 held for sale aircraft that was meant to be sold last year, finally transacting. Again, nothing to do with this news from 'sources'.

Are these the same sources earlier in the year where the Air Current came out with the article about Spirit not making payroll that had everyone in a frenzy? Everyone was saying how Jon Ostower (or whatever his name is) was one of the most reliable sources in aviation news.

Could be wrong, but I'll believe it when I see it.

Look, as someone that left 12 years of NK seniority behind, I want to believe that it will turn around for them. It was a great place to work. I'll never have an aviation job that good again.

The truth of the matter is the airline hasn't turned a profit in 7
years. At some point something is gonna give, and that give is an unnecessary war in Iran that's driving Jet A prices to an unsustainable level for an airline going through bankruptcy for the second time in as many years. This airline has now been screwed by back to back administrations.

Very true sadly. If they struggled to make money when fuel prices were in the $2.2x range I’d hate to think how much larger the losses are as it approaches $5. Hoping for the best for the Spirit, awesome group of pilots.

In terms of recent meaningful developments, the DOJ filing on 4/10 objecting to bankruptcy exit is pretty significant.

was it over when the Germans bombed Pearl Harbor?

Agree, the Air Current are a bunch of jokers. The fact that they post on Bluesky tells you everything you need to know about their mental stability.

*checks history book*

…but needs to check IMDB…

Those ferry flights from FLL and DTW seem costly with today’s fuel prices. Couldn’t route those airplanes through LAS first?

Forget it, he's rolling

That means nothing. It’s not uncommon to see a bunch of Spirit planes parked on the K12 ramp…or occasionally even out on the SW hold pad for overflow. They must do heavy MX there but definitely do engine changes there as it’s not uncommon to see airplanes with one or both engines removed but gone a week later.

yes and if it weren’t for the Japanese help we couldn’t have beaten the soviets in 1944.

You got it, of course, but I am continually amazed how many people misunderstand this reference online.

Guess lots of younger folks here who have never seen Animal House?

Good luck to our spirit brothers and sisters. I hope this is all passes and you all pull through this!

https://media4.giphy.com/media/v1.Y2...lHCo/giphy.gif

Showing your age now, you geezer. ;)

Alright you got me. Off to the penalty box.

There’s a whole generation that’s never seen Blazing Saddles, The Blues Brothers, Animal House, or Caddyshack. What’s this world coming to? Getting old.

Funny. My fo yesterday had never even heard of animal house. I was trying to explain how the end of we’re not going to take it was from the movie when he said never heard of that movie. I just said never mind then.

Man, what is it with kids these days... I've run into a CFI who hasn't even seen The Right Stuff, Airplane, or even the original Top Gun, and he had no idea about Iron Eagle. I thought the kid was pulling my leg.

I think these movies need to be enshrined in the FAR's for issuance of a Student Pilot certificate.

Gen Z has no idea about pretty much any boomer culture.

"Baseless?"

From the WSJ today: "The lenders behind Spirit’s revolving credit line filed an objection to the reorganization plan last week, saying the proposal doesn’t account for the airline’s sharply higher costs."

To be fair, I was born in the 80s and I haven’t seen many of the classics from the 50s and 60s. It’s relative I guess.

Don't forget about Hot Shots

I'm old enough to remember when Vanilla Ice (Ice, Ice, Baby) and Sir Mix-a-lot (Baby Got Back) were considered mildly amusing flashes in the pan instead of the vanguard of an ongoing 30+ year movement to explore how many words rhyme with "itch".

Did it last trip too. My FO had never seen Shawshank Redemption and others. Gave him a list LOL.

Boomer culture? I never thought of that. As a Gen X kid I saw Return of the Jedi and Raiders of the Lost Arc in theaters.

Born in 1975 but woke up last birthday with an odd feeling. My FO confirmed it during a long leg when he asked me what movies he should see.

The Lost Decade pilots are now the old guys in the left seat. Aahhhh F.

“Are we awake?”

”We are. But we are very confused.”

"That's what I hate about new hires, man. I get older, they stay the same age"

I like to drop Wooderson’s quote from Dazed and Confused and watch the look on their face.(looks like jd got it)

Old School, Wedding Crashers, Tommy Boy. The list in long and distinguished. Movies just don’t seem funny anymore.

sorry for the drift. What’s happening at Spirit isn’t funny either.

I reckon everyone born before 1999 is a boomer to these poor souls.

That's really the failure of our generation to raise these kids right. But some things, especially in certain industries should be sacred. I threatened that CFI kid that the next time I saw him, he better be able to complete the phrase "I feel the need....... " or "You screw up just this much.....", I was revoking his man card and his pilot certificates. And who the *******k doesn't know Spicoli??!!!

Our kids have been subjected to Family Classic Movie night for these reasons. Fast Times is screened the week before freshman year at HS.

Lots of good info in old movies. Like never go full flaps when you are in a race with Knotcher.

Even worse, approaching a line of +40K line of TRW’s, my FO blindly rolls in a new heading based on ATC saying “ it might look better on that heading”. Doesn’t touch radar range, Auto/Manual or tilt, nothing.
When advise he needs to check on his own vs ATC for things like Attenuation, I got the reply, “Attenuation, what’s that?”

Never heard of the Southern Air accident as well.

All of these movies are pretty deep in Gen X territory, which starts prior to Alien, Star Wars, Smokey and the Bandit, and a smattering of earlier films.

Off to find a Deeablo sammich and a Dr. Peppah.

Q- "Have you seen the new PBS program?"

A- "Have you seen my Baseball?"

Blank stare. Heaven forbid we have a little fun, even if the younger guys/gals don't get the movie references.

F138-

Coors, 10-100s, CB radio, 455 cid 200hp.
https://youtu.be/6CQ5R6bjsb4?si=x5P54QJPcOrQn7SP