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In the Boston Courtroom.

Old 01-16-2024 | 10:05 AM
  #131  
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Originally Posted by Halon1211
With Spirit Airlines bleeding money, do you think Spirit would now declare ch. 11 bankruptcy?

Wouldn’t surprise me. I would think furloughs are possible too if they don’t get enough attrition in the next three or four months.
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Old 01-16-2024 | 10:06 AM
  #132  
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Originally Posted by skitheline
Why would that be approved if jetblue/spirit was just shot down?
Originally Posted by WhyIFly
The judges ruling talks about someone else trying to merge with Spirit...

"Indeed, the Defendant Airlines and others in the
market, in the context of the unique and dynamic market forces
of the airline industry may decide to take another run at a
merger at any time. The Government will no doubt make its
determination –- as it is duty-bound to do -- as to whether such
a proposed merger sufficiently protects competition. Of course,
while the Court always encourages parties to resolve their
differences without judicial intervention, the courthouse doors
remain open should the Defendant Airlines decide to try again"


Doesnt sound promising for the future either.
Spirit is now in a protected class. Spirit will be getting favorable treatment from here to infinity! We are a DEI institution! Government protection forever!
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Old 01-16-2024 | 10:07 AM
  #133  
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Originally Posted by Conquistador27
Wouldn’t surprise me. I would think furloughs are possible too if they don’t get enough attrition in the next three or four months.
Pretty sure attrition is about to sky rocket to new heights
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Old 01-16-2024 | 10:09 AM
  #134  
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Radio Silence from headquarters, they must be in shock.
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Old 01-16-2024 | 10:11 AM
  #135  
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Originally Posted by Lakeaffect
Radio Silence from headquarters, they must be in shock.
I Spirit Airlines should give the government a big FU, change our business model to ultra luxury like emirates, then appeal the courts ruling.
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Old 01-16-2024 | 10:13 AM
  #136  
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Back to the negotiating table asap... give me my moneyyyyyyy
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Old 01-16-2024 | 10:13 AM
  #137  
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I bet we see frontier make an offer very shortly.
wonder who this is worse for. JetBlue or spirit?
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Old 01-16-2024 | 10:16 AM
  #138  
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Originally Posted by Halon1211
I Spirit Airlines should give the government a big FU, change our business model to ultra luxury like emirates, then appeal the courts ruling.
Exactly what I was thinking! Cant make them sale cheap seats. A merger block sure but then stating you must continue to sell cheap get that bull **** out of here
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Old 01-16-2024 | 10:17 AM
  #139  
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Originally Posted by MCDUmanipulator
I bet we see frontier make an offer very shortly.
wonder who this is worse for. JetBlue or spirit?
I think this is way worse for JB. Frontier will come back and we will be a huge ULCC now. But in the meantime, we should go back to negotiations and maybe get something while F9/NK plays out again
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Old 01-16-2024 | 10:19 AM
  #140  
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Originally Posted by spooldup
Look at the reasoning given. He did it for the customers that would lose the cheap cost option.
Apparently there is a constitutional right for the public to be able to purchase air fare below cost of production......
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