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Originally Posted by Halon1211
(Post 3846537)
as much as I hate our current Administration. I don’t think it will matter who is in office. It will for sure be approved. Plus now we can definitely claim “failing firm” defense.
If Trump wins, they'll be unemployed in Jan. If Harris wins, no idea if she'll keep the Biden people or let them off their leash again. Personally I tend to think not, that she'd be more business reasonable, but in reality we simply have no freaking idea what she'll do. |
Originally Posted by Lincoln Osiris
(Post 3846531)
Acording to my google searches a bankrupcy judge CAN increase pay.
You are grossly incorrect, we will not get a raise in bankruptcy. Moving on… |
Originally Posted by Lincoln Osiris
(Post 3846461)
Nope, he's a good friend of mine. We've talked about it a lot. Bankrupcy contract has been disscused in depth at meetings. What previous alpa contracts have been slashed in bankrupcy court when said airline was already making 20% less than their peers? (And no our peers are not Allegiant, Breeze, Avelo). Bankrupcy court ordered union contracts are not based on a company's business model.
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Originally Posted by Flyby1206
(Post 3846510)
Let’s see if all those spirit pilots bragging that they’ll leave if we merge will follow thru |
Originally Posted by Halon1211
(Post 3846537)
as much as I hate our current Administration. I don’t think it will matter who is in office. It will for sure be approved. Plus now we can definitely claim “failing firm” defense.
The only thing we need to know now this time is how much of it turd the shareholders are going to get. (Less than the first time around.) |
Originally Posted by RiddleEagle18
(Post 3846622)
Could be nothing as either way spirit is going to file chapter 11 and shareholder will likely be wiped out. Frontier(indigo) will provide the dip financing and merge the two carriers after emerging from chapter 11.
While BK can be risky with the new rules, if you go in with a merger plan and stakeholder buy-in it should go pretty smooth and quick. |
Originally Posted by CincoDeMayo
(Post 3846599)
Considering you constantly misspell the word “bankruptcy,” I trust your knowledge on this as much as I would a parrot knocking over a bowl of rocks on a keyboard and trusting the outcome.
You are grossly incorrect, we will not get a raise in bankruptcy. Moving on… Especially if they go into court with an acquisition/merger plan with a solvent airline entity (F9). My guess is status quo in court and the you'll have another bite at the apple with JCBA. |
Originally Posted by CincoDeMayo
(Post 3846599)
Considering you constantly misspell the word “bankruptcy,” I trust your knowledge on this as much as I would a parrot knocking over a bowl of rocks on a keyboard and trusting the outcome.
You are grossly incorrect, we will not get a raise in bankruptcy. Moving on… |
Originally Posted by RiddleEagle18
(Post 3846622)
Could be nothing as either way spirit is going to file chapter 11 and shareholder will likely be wiped out. Frontier(indigo) will provide the dip financing and merge the two carriers after emerging from chapter 11.
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Originally Posted by Lincoln Osiris
(Post 3846645)
I didn't know this would trigger you so much, my appologies. You may continue on with your mass histaria and missinformation.
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