Originally Posted by Jimdunbar

Who operates the P&W, other than Spirit?

Originally Posted by Excargodog

What I actually posted was that they had a lot of long term debt that was going to have to be refinanced at higher rates and that this was going to give them real headwinds in post COVID recovery. And that was and is true. Their last financials show a debt service (interest expense) for 2023 of $2.145 billion, up from $1.962 Billion in 2022, and up from under $1 billion back when I made the statement.

https://s202.q4cdn.com/986123435/files/doc_downloads/4Q23-Financials.pdf

Fortunately for them (and us all) demand for flying recovered much quicker than most people predicted, so they are able to pay the increasing debt service and even starting to pay it down a little causing Moody's to elevate their senior secured notes back above the junk bond ratings previously held.

https://www.moodys.com/credit-rating...t-rating-52700

nor have I bad mouthed NK. The P&W engine problem was not predictable, nor was the fact that the judge ignored the increasing competition by the Big Three in making his decision. It would be foolish to pretend that those two factors don't affect career progression (at a minimum) and attrition (the thread subject after all) at NK and even threaten the longer term prospects of the company.

Originally Posted by APCHCLIMB

Translation for TLDR:
I’m still the smartest man in the room. Behold.

Originally Posted by biggus dickus

I should have stayed at a regional...

Originally Posted by YellowBus

Delta has some.

Originally Posted by StoneQOLdCrazy

delta also has the facilities to fix the problem in-house.