The plan going forward
07-16-2024 | 05:23 PM
#261
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Joined: Dec 2019
Posts: 339
Likes: 0
From: A320 For Your Health
Yeah this place is in a lot of trouble. Remember they originally expected cash positive q2 and q3. They thought their moves with pratt, deferrals, and furloughs etc. would save about a half billion in cash this year. They're already chewing into those supposed savings. Being real, they dont have a way out of this that isn't bankruptcy, and i wouldnt be surprised if that is coming very soon. Can only hope there is something that another company would want enough to assume the kind of debt Ted has created, and then the government would have to approve a bankrutpcy acquisition.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.
07-16-2024 | 06:06 PM
#262
Thread Starter
Gets Weekends Off
Joined: Oct 2017
Posts: 3,469
Likes: 44
Yeah this place is in a lot of trouble. Remember they originally expected cash positive q2 and q3. They thought their moves with pratt, deferrals, and furloughs etc. would save about a half billion in cash this year. They're already chewing into those supposed savings. Being real, they dont have a way out of this that isn't bankruptcy, and i wouldnt be surprised if that is coming very soon. Can only hope there is something that another company would want enough to assume the kind of debt Ted has created, and then the government would have to approve a bankrutpcy acquisition.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.
07-16-2024 | 06:54 PM
#263
Banned
Joined: Jul 2023
Posts: 633
Likes: 32
[QUOTE=DrSteveBrule;3820648]Yeah this place is in a lot of trouble. Remember they originally expected cash positive q2 and q3. They thought their moves with pratt, deferrals, and furloughs etc. would save about a half billion in cash this year. They're already chewing into those supposed savings. Being real, they dont have a way out of this that isn't bankruptcy, and i wouldnt be surprised if that is coming very soon. Can only hope there is something that another company would want enough to assume the kind of debt Ted has created, and then the government would have to approve a bankrutpcy acquisition.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.[/QUOTE
i hope you’ve kept your CFI going, bc you’re too late on that American train. Mesa is furloughing son; better know how to say yes sir in Spanish bc yo a$$ bottom bit€h lawn mower boyee.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.[/QUOTE
i hope you’ve kept your CFI going, bc you’re too late on that American train. Mesa is furloughing son; better know how to say yes sir in Spanish bc yo a$$ bottom bit€h lawn mower boyee.
07-16-2024 | 08:01 PM
#264
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Joined: Sep 2013
Posts: 485
Likes: 28
[QUOTE=CatPilot1;3820679]
Take another hit there, son.
Yeah this place is in a lot of trouble. Remember they originally expected cash positive q2 and q3. They thought their moves with pratt, deferrals, and furloughs etc. would save about a half billion in cash this year. They're already chewing into those supposed savings. Being real, they dont have a way out of this that isn't bankruptcy, and i wouldnt be surprised if that is coming very soon. Can only hope there is something that another company would want enough to assume the kind of debt Ted has created, and then the government would have to approve a bankrutpcy acquisition.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.[/QUOTE
i hope you’ve kept your CFI going, bc you’re too late on that American train. Mesa is furloughing son; better know how to say yes sir in Spanish bc yo a$$ bottom bit€h lawn mower boyee.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.[/QUOTE
i hope you’ve kept your CFI going, bc you’re too late on that American train. Mesa is furloughing son; better know how to say yes sir in Spanish bc yo a$$ bottom bit€h lawn mower boyee.
07-17-2024 | 04:23 AM
#267
Line Holder
Joined: Jan 2023
Posts: 440
Likes: 80
Yeah this place is in a lot of trouble. Remember they originally expected cash positive q2 and q3. They thought their moves with pratt, deferrals, and furloughs etc. would save about a half billion in cash this year. They're already chewing into those supposed savings. Being real, they dont have a way out of this that isn't bankruptcy, and i wouldnt be surprised if that is coming very soon. Can only hope there is something that another company would want enough to assume the kind of debt Ted has created, and then the government would have to approve a bankrutpcy acquisition.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.
Walmart is hiring though.
07-17-2024 | 08:07 AM
#268
Line Holder
Joined: Jun 2006
Posts: 1,600
Likes: 33
On another note, are there any "family awareness" sorry "free meal" union events coming up? You might want to start freeze drying those.
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