LFG F9Nk
#51
Prime Minister/Moderator

Joined: Jan 2006
Posts: 44,841
Likes: 653
From: Engines Turn or People Swim
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.
#52
That/It/Thang
Joined: Aug 2020
Posts: 3,463
Likes: 275
You are grossly incorrect, we will not get a raise in bankruptcy.
Moving on…
#53
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.
#54
On Reserve
Joined: Apr 2024
Posts: 71
Likes: 0
Let’s see if all those spirit pilots bragging that they’ll leave if we merge will follow thru
#55
Gets Weekends Off
Joined: Nov 2005
Posts: 2,691
Likes: 30
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.)
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.)
#56
Prime Minister/Moderator

Joined: Jan 2006
Posts: 44,841
Likes: 653
From: Engines Turn or People Swim
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.
#57
Prime Minister/Moderator

Joined: Jan 2006
Posts: 44,841
Likes: 653
From: Engines Turn or People Swim
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.
#58
I didn't know this would trigger you so much, my appologies. You may continue on with your mass histaria and missinformation.
#59
Banned
Joined: Jul 2023
Posts: 633
Likes: 32
If we file chapter 11, Frontier will lose almost 2 billion worth of Spirit Net Operating Losses. These loses can be carried fwd for 20 years by the acquiring company. No way Spirit files 11. Come on my boy.


