Stock prices
05-06-2024 | 09:58 AM
#122
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Joined: Dec 2022
Posts: 1,372
Likes: 141
My guess is sold for parts in 2025. Bankruptcy filing in Q3 2024
05-06-2024 | 10:14 AM
#123
Banned
Joined: Jul 2023
Posts: 633
Likes: 32
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
My guess is sold for parts in 2025. Bankruptcy filing in Q3 2024
05-06-2024 | 10:17 AM
#124
Line Holder
Joined: Dec 2022
Posts: 1,372
Likes: 141
05-06-2024 | 10:41 AM
#126
Line Holder
Joined: Sep 2014
Posts: 691
Likes: 37
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.
05-06-2024 | 10:42 AM
#127
Line Holder
Joined: Apr 2016
Posts: 778
Likes: 16
From: A320 CA
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.
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.
05-06-2024 | 11:05 AM
#128
Line Holder
Joined: Sep 2017
Posts: 1,169
Likes: 164
From: NK CA
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.
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.
05-06-2024 | 11:55 AM
#130
Line Holder
Joined: May 2023
Posts: 665
Likes: 48
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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