Spirit Airlines Ch.11

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10-16-2024 | 09:55 AM

#541

hoover

At your mom's house

Joined: Jun 2008

Posts: 3,709

Likes: 474

From: cpt 737

Please for the love of everything holy let's not let this thread derail into an SLI or union matter.

10-16-2024 | 10:11 AM

#542

BKbigfish

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Joined: Jul 2017

Posts: 356

Likes: 74

Quote:

Originally Posted by hoover

Please for the love of everything holy let's not let this thread derail into an SLI or union matter.

I don’t think anybody at NK has the energy for that right now. This thread is now mostly legacy pilots telling NK pilots what’s going to happen to us.

10-16-2024 | 10:22 AM

#543

StoneQOLdCrazy

Bent over by buybacks

Joined: Feb 2017

Posts: 1,617

Likes: 656

Quote:

Originally Posted by BKbigfish

I don’t think anybody at NK has the energy for that right now. This thread is now mostly legacy pilots telling NK pilots what’s going to happen to us.

Or maybe legacy pilots who have lived through it before sharing their observations?

10-16-2024 | 11:02 AM

#544

SSlow

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Joined: Feb 2019

Posts: 1,227

Likes: 39

From: baller, shot caller

Quote:

Originally Posted by BKbigfish

I don’t think anybody at NK has the energy for that right now. This thread is now mostly legacy pilots telling NK pilots what’s going to happen to us.

I see this thread as mostly people just guessing at various outcomes.

If there's one thing pilots love doing, it's pretending to be an authoritive figure on a given subject.

10-16-2024 | 11:07 AM

#545

bluespoon

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Joined: Mar 2023

Posts: 645

Likes: 73

Quote:

Originally Posted by Alexjones

Im no economist or expert but

Are you sure you're a pilot then? Maybe they'll merge and change their name. Hard to believe two airlines that many don't really want to fly on will magically get better by merging.

10-16-2024 | 01:02 PM

#546

Halon1211

Thread Starter

Gets Weekends Off

Joined: Oct 2017

Posts: 3,469

Likes: 44

I guess things can’t be that bad if we are now activating the enroute part of our CPDLC. And spending money to pay pilots for the online training.

That’s it then!!! merger confirmed and chapt. 11 debunked!!

10-16-2024 | 02:49 PM

#547

Tranquility

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Joined: Sep 2014

Posts: 1,691

Likes: 21

From: 60’s Tech, Right

Quote:

Originally Posted by Halon1211

I guess things can’t be that bad if we are now activating the enroute part of our CPDLC. And spending money to pay pilots for the online training.

Not to mention a new app on our iPads that other airlines use and charges by the amount of data used, so the company wants us to limit the range...

10-17-2024 | 01:03 PM

#548

PurringRaccoon

On Reserve

Joined: May 2019

Posts: 140

Likes: 5

So the fate of Spirit gets decided by this weekend? Either refianance the maturing debts or file bankrupcy?

I can't imagine the debt holders wanting to deal with bankrupcy. I really hope a deal is reached and my good friends at Spirit are kept safe from additional furloughs

10-17-2024 | 02:35 PM

#549

Ted Striker

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Joined: Feb 2008

Posts: 853

Likes: 15

From: B6

Quote:

Originally Posted by PurringRaccoon

I can’t imagine the debt holders want to take a greater loss in bankruptcy. I suspect the hold up is they want to see a viable plan moving forward, if they are to refinance the debt. If they can’t see a path forward to profitability, they might just take the loss earlier on as opposed to down the road.