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CatPilot1 05-06-2024 09:52 AM


Originally Posted by Noisecanceller (Post 3799169)
YEP! Now we get to see if it’s sold all as one or for parts

Who here is going to be laughing when American buys Spirit in bankruptcy or just prior?

Noisecanceller 05-06-2024 09:58 AM


Originally Posted by CatPilot1 (Post 3799173)
Who here is going to be laughing when American buys Spirit in bankruptcy or just prior?

Never going to happen. That would be the last possible dance partner. I only see two possible suitors. Frontier or Southwest. One has money and one doesn’t and the one with money I don’t think is interested in taking on a complex merger with a bankrupt carrier.

My guess is sold for parts in 2025. Bankruptcy filing in Q3 2024

CatPilot1 05-06-2024 10:14 AM


Originally Posted by Noisecanceller (Post 3799175)
Never going to happen. That would be the last possible dance partner. I only see two possible suitors. Frontier or Southwest. One has money and one doesn’t and the one with money I don’t think is interested in taking on a complex merger with a bankrupt carrier.

My guess is sold for parts in 2025. Bankruptcy filing in Q3 2024

AA only has 15k pilots compared to 17500 at Ual and Delta. Taking NK would put them right around 18k pilots and our planes put them on a level playing field with Ual and Dal.

Noisecanceller 05-06-2024 10:17 AM


Originally Posted by CatPilot1 (Post 3799182)
AA only has 15k pilots compared to 17500 at Ual and Delta. Taking NK would put them right around 18k pilots and our planes put them on a level playing field with Ual and Dal.

Never going to happen

SSlow 05-06-2024 10:22 AM


Originally Posted by Noisecanceller (Post 3799185)
Never going to happen

Seems unlikely but it's not exactly impossible

Anything can be accomplished with enough $$$

8JRMfortheyear 05-06-2024 10:41 AM


Originally Posted by CatPilot1 (Post 3799153)
Spirit doesn’t have a stand alone plan bc that’s never been the plan. This airline was set up to be flipped from the beginning of being IPOed. You don’t CEO an account unless you are getting numbers right for a sale. This company will be sold one way or another, long term stand alone is not an option anyone serious is considering.

This guy gets it.

Ed Force One 05-06-2024 10:42 AM


Originally Posted by Halon1211 (Post 3799128)

So I’ve been talking with a lot of Captains out there on the line and none of them are applying elsewhere or concerned about their jobs. You guys are going to be in for a rude awakening and scrambling for a job soon.

it is pretty clear we have no path forward (that will work). everybody keeps saying we will be fine. you guys are delusional.

Golden handcuffs, seniority, age, and an overall "Lost that lovin' feeling."

I have no desire to start this all over again. I will go down with this ship, rearrange my nest egg and take a $30k/year night warehouse job where I can listen to music, not deal with people, and sleep in my own bed without earplugs or alarm clocks. Biggest sacrifice will be stepping back down to driving a Mazda (not a Miata) and not getting that Ferrari I've always wanted. (Maybe a Miata instead?)

YMMV.

Lincoln Osiris 05-06-2024 11:05 AM


Originally Posted by Ed Force One (Post 3799190)
Golden handcuffs, seniority, age, and an overall "Lost that lovin' feeling."

I have no desire to start this all over again. I will go down with this ship, rearrange my nest egg and take a $30k/year night warehouse job where I can listen to music, not deal with people, and sleep in my own bed without earplugs or alarm clocks. Biggest sacrifice will be stepping back down to driving a Mazda (not a Miata) and not getting that Ferrari I've always wanted. (Maybe a Miata instead?)

YMMV.

cool story

APCHCLIMB 05-06-2024 11:46 AM


Originally Posted by Lincoln Osiris (Post 3799193)
cool story

About as cool of a story as American buying Spirit. Time to abandon ship!

CRJCapitan 05-06-2024 11:55 AM


Originally Posted by CatPilot1 (Post 3799182)
AA only has 15k pilots compared to 17500 at Ual and Delta. Taking NK would put them right around 18k pilots and our planes put them on a level playing field with Ual and Dal.

AA's single biggest objective has been to reduce its dissipating mountain of debt. I don't think AA management has interest in adding back to it by absorbing Spirit's current financial situation.


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