Spirit Now Sure As It Emerges From Bankruptcy
08-12-2025 | 12:58 PM
#1041
Line Holder
Joined: Dec 2022
Posts: 1,364
Likes: 128
Anyone can sue for anything. It’s up to the justice system to keep nonsense in check. The judge screwed the pooch
08-12-2025 | 01:00 PM
#1042
Line Holder
Joined: Dec 2022
Posts: 1,364
Likes: 128
It absolutely would have if he had told the truth under oath
08-12-2025 | 01:23 PM
#1043
Gets Weekends Off
Joined: Mar 2021
Posts: 2,847
Likes: 212
No this is not true. They become a creditor just like anyone one. The secured notes are paid first, then employees up to a maximum amount of money per employee. Until the "senior secured notes" are fully repaid (about $2B) no employee wages would be paid.
CH7 would be bad for employees.
CH7 would be bad for employees.
08-12-2025 | 01:24 PM
#1044
Line Holder
Joined: Apr 2007
Posts: 1,412
Likes: 12
From: A320
How would that have changed the plan of the acquiring company and the law?
In the history of approved airline mergers - the parties ALWAYS tailor their plans to satisfy the doj and courts. Therefore they succeed.
If the DOJ says something is bugging them about the details of the merger, all the company has to do is say “ok - we will do X”. Suit dropped or judge approval.
Ever wondered why JB was dead set on sticking to the plan that conveniently bothered the DOJ? Hint: they never wanted it to be approved. Now that was genius. All the while you’re hung up on some judge’s decision as if that was the nail in the coffin. You were NEVER going to be a JB pilot without interviewing there. Spirit was NEVER going to be bought be JB. They wanted nothing to do with NKS.
08-12-2025 | 01:56 PM
#1045
Line Holder
Joined: Jan 2023
Posts: 438
Likes: 80
08-12-2025 | 02:18 PM
#1048
Line Holder
Joined: Dec 2023
Posts: 389
Likes: 28
I'd like to see some people make cases for why a competitor airline would buy them up right now. Like, actually. What would the pros be of purchasing NK today?
08-12-2025 | 02:35 PM
#1050
Line Holder
Joined: Jul 2017
Posts: 350
Likes: 66
How would that have changed the plan of the acquiring company and the law?
In the history of approved airline mergers - the parties ALWAYS tailor their plans to satisfy the doj and courts. Therefore they succeed.
If the DOJ says something is bugging them about the details of the merger, all the company has to do is say “ok - we will do X”. Suit dropped or judge approval.
Ever wondered why JB was dead set on sticking to the plan that conveniently bothered the DOJ? Hint: they never wanted it to be approved. Now that was genius. All the while you’re hung up on some judge’s decision as if that was the nail in the coffin. You were NEVER going to be a JB pilot without interviewing there. Spirit was NEVER going to be bought be JB. They wanted nothing to do with NKS.
In the history of approved airline mergers - the parties ALWAYS tailor their plans to satisfy the doj and courts. Therefore they succeed.
If the DOJ says something is bugging them about the details of the merger, all the company has to do is say “ok - we will do X”. Suit dropped or judge approval.
Ever wondered why JB was dead set on sticking to the plan that conveniently bothered the DOJ? Hint: they never wanted it to be approved. Now that was genius. All the while you’re hung up on some judge’s decision as if that was the nail in the coffin. You were NEVER going to be a JB pilot without interviewing there. Spirit was NEVER going to be bought be JB. They wanted nothing to do with NKS.
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