Attrition significantly increasing
#11
Line Holder
Joined: Jun 2006
Posts: 1,600
Likes: 33
Does it work out, does it fail is anyone’s guess but I’m under no illusion the cards are in our favor. I’m comfortable waiting to see what happens and you should be too if you’re playing the same game. If you’re not you should have more in your pocket than “hope”. Just friendly advice.
https://www.nasdaq.com/articles/spirit-airlines-bankruptcy-progresses-350m-equity-rights-offering-and-cancelled-flights
#13
As someone too lazy to send out my stuff right now I think there is more than just “suspicion”, there is a real threat and we are raising another 350 million for after bankruptcy.
Does it work out, does it fail is anyone’s guess but I’m under no illusion the cards are in our favor. I’m comfortable waiting to see what happens and you should be too if you’re playing the same game. If you’re not you should have more in your pocket than “hope”. Just friendly advice.
https://www.nasdaq.com/articles/spirit-airlines-bankruptcy-progresses-350m-equity-rights-offering-and-cancelled-flights
Does it work out, does it fail is anyone’s guess but I’m under no illusion the cards are in our favor. I’m comfortable waiting to see what happens and you should be too if you’re playing the same game. If you’re not you should have more in your pocket than “hope”. Just friendly advice.
https://www.nasdaq.com/articles/spirit-airlines-bankruptcy-progresses-350m-equity-rights-offering-and-cancelled-flights
if we aren’t merged or acquired I don’t see any future. The only thing that gives me hope is that the investors would out any more money into this place might mean they have a workable plan (a buyer)
#14
Line Holder
Joined: Aug 2015
Posts: 317
Likes: 5
From: Underpaid, LCC
I am in the same boat. Cautiously optimistic but not under any delusions.
if we aren’t merged or acquired I don’t see any future. The only thing that gives me hope is that the investors would out any more money into this place might mean they have a workable plan (a buyer)
if we aren’t merged or acquired I don’t see any future. The only thing that gives me hope is that the investors would out any more money into this place might mean they have a workable plan (a buyer)
Agreed. Why would the investors pump 350M into something if the plan is to watch it burn? They took positions based on the thought that it will pay off. The likelihood of a buyer is the best bet closely after emerging from Ch 11. IMO.
Good luck to our brothers and sisters at NK.
#15
Line Holder
Joined: Sep 2014
Posts: 691
Likes: 37
#16
Line Holder
Joined: Jan 2022
Posts: 248
Likes: 0
As someone too lazy to send out my stuff right now I think there is more than just “suspicion”, there is a real threat and we are raising another 350 million for after bankruptcy.
Does it work out, does it fail is anyone’s guess but I’m under no illusion the cards are in our favor. I’m comfortable waiting to see what happens and you should be too if you’re playing the same game. If you’re not you should have more in your pocket than “hope”. Just friendly advice.
https://www.nasdaq.com/articles/spirit-airlines-bankruptcy-progresses-350m-equity-rights-offering-and-cancelled-
flights
Does it work out, does it fail is anyone’s guess but I’m under no illusion the cards are in our favor. I’m comfortable waiting to see what happens and you should be too if you’re playing the same game. If you’re not you should have more in your pocket than “hope”. Just friendly advice.
https://www.nasdaq.com/articles/spirit-airlines-bankruptcy-progresses-350m-equity-rights-offering-and-cancelled-
flights
#17
Banned
Joined: Jul 2023
Posts: 633
Likes: 32
A career at Spirit will never even come close to matching a career at a legacy airline. I am glad, though, that there are some that are "too lazy to send out (their) stuff right now". There needs to be someone left at Spirit to turn the lights off when it is all said and done.
#18
Line Holder
Joined: Dec 2022
Posts: 1,372
Likes: 141
A career at Spirit will never even come close to matching a career at a legacy airline. I am glad, though, that there are some that are "too lazy to send out (their) stuff right now". There needs to be someone left at Spirit to turn the lights off when it is all said and done.
Do you make up the money lost by starting over? Maybe depends on many variables but age would be the biggest.
Do you ever get your schedule back? Most likely not unless you are quite young. And if you do how many years of garbage schedule must you endure to get it back? What is the family dynamic (kids ages) while you and they suffer through your new **** schedule reality?
Remember if you want to try and recoup the money loss quicker then the schedule will take a hit for longer.
Aint nobody trying to do 3+ day trips ever again let alone 5 day trips.
Now if spirit is out of business this is all moot.
And of course if you were starting your career today yes a career at a legacy would most likely be better than one at spirit
#19
Line Holder
Joined: Jan 2024
Posts: 902
Likes: 158
https://www.cnbc.com/2025/01/02/hind...ana-stock.html
Even if spirit eventually ceases operations, there will be a lot of cash flying around beforehand.
#20
Line Holder
Joined: Mar 2018
Posts: 383
Likes: 30
A career at Spirit will never even come close to matching a career at a legacy airline. I am glad, though, that there are some that are "too lazy to send out (their) stuff right now". There needs to be someone left at Spirit to turn the lights off when it is all said and done.
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