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Old 01-16-2024 | 02:56 PM
  #171  
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The best part of todays news, is it's Biden's horrible DOJ that is mainly responsible. Yet a lot of people on here voted for that fool, but now can't put 2 and 2 together.....
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Old 01-16-2024 | 03:21 PM
  #172  
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Originally Posted by SpeedBrakes
The best part of todays news, is it's Biden's horrible DOJ that is mainly responsible. Yet a lot of people on here voted for that fool, but now can't put 2 and 2 together.....
Helene Becker (Cowen? Associates ) or whatever thinks liquidation is the most likely scenario, so we got that going for us
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Old 01-16-2024 | 03:28 PM
  #173  
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Originally Posted by Chimpy
Helene Becker (Cowen? Associates ) or whatever thinks liquidation is the most likely scenario, so we got that going for us

https://www.yahoo.com/finance/news/spirit-airlines-finds-itself-few-235640685.html

correct me if I’m wrong but I believe if Spirit files for ch. 11 the company can renegotiate our contract.
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Old 01-16-2024 | 03:32 PM
  #174  
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Originally Posted by Halon1211
https://www.yahoo.com/finance/news/spirit-airlines-finds-itself-few-235640685.html

correct me if I’m wrong but I believe if Spirit files for ch. 11 the company can renegotiate our contract.
I think the issue is the people who own the planes can get their money back easier via CH7 than 11? No idea we don’t own much else
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Old 01-16-2024 | 03:53 PM
  #175  
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Originally Posted by Chimpy
Helene Becker (Cowen? Associates ) or whatever thinks liquidation is the most likely scenario, so we got that going for us
So what happens in a "liquidation"? We all go on the street?
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Old 01-16-2024 | 04:01 PM
  #176  
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Originally Posted by fumeevented
So what happens in a "liquidation"? We all go on the street?
correct.......

Funny, I'm sure thats good for the consumer
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Old 01-16-2024 | 04:38 PM
  #177  
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From: MEC Chairman, Snack Basket Committee
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Old 01-16-2024 | 04:40 PM
  #178  
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Originally Posted by Judge Young
Spirit is a small airline


But there are those who love it
Good effing job. In like 2 years Spirit will no longer exist and 10,000 people will be out of a job after the inevitable bankruptcy to follow. Dedicated customers of Spirit? You mean like the two or three people out of thousands upon thousands of customers we **** off on a daily basis? Clueless judge and moronic govt overreach. What about every other airline merger in the past decades? Completely asinine.
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Old 01-16-2024 | 04:43 PM
  #179  
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Originally Posted by fumeevented
So what happens in a "liquidation"? We all go on the street?
Far more likely Chapter 11 than Chapter 7 but if it does go Chapter 7, yeah, we all wind up on the street. Not necessarily something all that bad for the junior FOs in this market but a real shaft for the guys who have been here ten or fifteen years and will be starting over at first year pay somewhere else.
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Old 01-16-2024 | 05:11 PM
  #180  
David Puddy
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Originally Posted by Excargodog
Far more likely Chapter 11 than Chapter 7 but if it does go Chapter 7, yeah, we all wind up on the street. Not necessarily something all that bad for the junior FOs in this market but a real shaft for the guys who have been here ten or fifteen years and will be starting over at first year pay somewhere else.
No worries, I am sure JB will accept your application when Spirit flatlines - you will finally get the opportunity to fly that bad-a$$ A220 that Spirit passed on...

I agree with the person who said you get the government you vote for.... Don't blame your Republican friends.
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