View Poll Results: Will the court approve the ch11 exit plan?
Yes. The bond holder’s support makes all the difference
62
48.06%
No. The execs even stated they have serious doubts about this plan even working
67
51.94%
Voters: 129. You may not vote on this poll
Will this judge approve NK’s exit plan
12-29-2024 | 06:17 PM
#21
Line Holder
Joined: Feb 2024
Posts: 203
Likes: 18
they got greedy. Prices last time we went in there were nearly the same as Target. They moved from the poor side of town to an affluent area, in the same parking lot complex as Target…
alienate your customer base and that’s what happens.
seems like spirit is on the same path.
alienate your customer base and that’s what happens.
seems like spirit is on the same path.
Also, does anyone know the next key dates to look out for concerning next steps in the process?
12-29-2024 | 07:27 PM
#22
Line Holder
Joined: Apr 2007
Posts: 1,412
Likes: 12
From: A320
I personally believe there’s a greater chance of the plan itself failing vs any sort of denial in judgement. Plus I’m not sure that’s how it works. Present plan details - Plan rejected - back to the table - additional proceedings etc. I think they’d just tweak things if possible to reach an agreement.
12-30-2024 | 04:51 PM
#23
Thread Starter
Line Holder
Joined: Oct 2010
Posts: 1,499
Likes: 0
looks like a couple of new dockets filed today
They have hired FordHarrison for advice in "connection with certain labor and employment matters"
They posted their operational report for november. ~315 million dollar loss. i am sure theres a touch of accounting magic in that figure but no matter......holy ****eee
They have hired FordHarrison for advice in "connection with certain labor and employment matters"
They posted their operational report for november. ~315 million dollar loss. i am sure theres a touch of accounting magic in that figure but no matter......holy ****eee
12-30-2024 | 07:31 PM
#24
Gets Weekends Off
Joined: Oct 2017
Posts: 3,469
Likes: 44
12-31-2024 | 02:54 AM
#25
Gets Weekends Off
Joined: Nov 2005
Posts: 2,710
Likes: 51
looks like a couple of new dockets filed today
They have hired FordHarrison for advice in "connection with certain labor and employment matters"
They posted their operational report for november. ~315 million dollar loss. i am sure theres a touch of accounting magic in that figure but no matter......holy ****eee
They have hired FordHarrison for advice in "connection with certain labor and employment matters"
They posted their operational report for november. ~315 million dollar loss. i am sure theres a touch of accounting magic in that figure but no matter......holy ****eee
12-31-2024 | 05:58 AM
#28
Line Holder
Joined: Feb 2008
Posts: 1,020
Likes: 23
From: It's a plane and it's a seat
that and their lawyers will analyze every work groups contract/work rules. The will find every loop hole and advise mgmt how to exploit the contracts/work rules without violating said agreements.
Google their website… experts in keeping unions off property and “working” with them.
I suggest reading the book “confessions of a union buster”. Written by a former Ford/Harrison employee
12-31-2024 | 06:29 AM
#29
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,120
Likes: 796
From: Engines Turn or People Swim
12-31-2024 | 07:19 AM
#30
On Reserve
Joined: May 2012
Posts: 53
Likes: 2
From: Baggage compartment, C172
Spirit Management may have said they don’t intend to touch the pilot CBA but they left out the part about how it really isn’t up to them during bankruptcy.
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