Spirit Now Sure As It Emerges From Bankruptcy
08-17-2025 | 06:18 PM
#1211
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Joined: Aug 2019
Posts: 368
Likes: 4
Edit:
everything is pay walled. $70 million to spirit and $400 million to its shareholders
08-17-2025 | 06:22 PM
#1212
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Joined: Mar 2024
Posts: 152
Likes: 68
08-17-2025 | 09:29 PM
#1213
Gets Weekends Off
Joined: Mar 2014
Posts: 4,114
Likes: 291
JetBlue Airways Corporation - JetBlue Sets Plan for More Than 250 Daily Flights at Fort Lauderdale-Hollywood, Starting With Long-Requested Service Between Fort Lauderdale and Tallahassee
https://crankyflier.com/2022/08/08/a...e-spirit-deal/
No conspiracy needed; they wanted it to happen.
08-17-2025 | 10:26 PM
#1214
Gets Weekends Off
Joined: Nov 2005
Posts: 2,692
Likes: 33
JetBlue absolutely wanted this when first announced. They spent over a billion dollars total between stock holder prepayments, standing up transition teams, lawyers and breakup fees. It put JetBlue in an awful financial position.
Now come closing arguments a full 2 years later, 60 downed NEO airplanes later and a post Covid travel bounce over, did they still want it? I would say not at that point. However when it was first agreed to they absolutely wanted it.
Had the DOJ just approved it on the Alaska-HI timeline we would have been well into integration by the time the economics changed.
Now come closing arguments a full 2 years later, 60 downed NEO airplanes later and a post Covid travel bounce over, did they still want it? I would say not at that point. However when it was first agreed to they absolutely wanted it.
Had the DOJ just approved it on the Alaska-HI timeline we would have been well into integration by the time the economics changed.
08-18-2025 | 05:24 AM
#1215
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Joined: Apr 2022
Posts: 190
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Did I say something blatantly untrue?
Also, I wasn't going to go there, but it is extremely insensitive and low class for posters to come on an NK forum and praise the carrier that helped tank their airline.
"Oh but Jetblue has fantastic customer service..."
In a Spirit forum. Where people are losing their livelihood in part because of them.
Seriously, get out of here with that nonsense.
Also, I wasn't going to go there, but it is extremely insensitive and low class for posters to come on an NK forum and praise the carrier that helped tank their airline.
"Oh but Jetblue has fantastic customer service..."
In a Spirit forum. Where people are losing their livelihood in part because of them.
Seriously, get out of here with that nonsense.
08-18-2025 | 07:42 AM
#1217
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Joined: Feb 2019
Posts: 1,226
Likes: 29
From: baller, shot caller
JetBlue paid half a BILLION when the merger fell apart. You think they did that because they had no intention of merging? OK.
Spirit shareholders held the keys, they voted and selected to go with jetBlue. JetBlue tried, twice, to merge, DOJ said not happening and they walked away after writing $500m in checks.
Spirit management made some terrible decisions that exacerbated the post-attempted-merger issues.
Placing blame on others who had zero to do with it won't satisfy your anger.
Spirit shareholders held the keys, they voted and selected to go with jetBlue. JetBlue tried, twice, to merge, DOJ said not happening and they walked away after writing $500m in checks.
Spirit management made some terrible decisions that exacerbated the post-attempted-merger issues.
Placing blame on others who had zero to do with it won't satisfy your anger.
But the one thing I could never get over...why would Robin Hayes take the stand and make statements that supported the DOJ's basis for the lawsuit?
He either did it on purpose, or he's vastly incompetent. Not even of the answer to be honest, but the outcome was the same.
08-18-2025 | 07:43 AM
#1218
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Joined: Feb 2019
Posts: 1,226
Likes: 29
From: baller, shot caller
08-18-2025 | 08:04 AM
#1219
On Reserve
Joined: Mar 2024
Posts: 152
Likes: 68
I see the logic in your argument, and I used to think the same.
But the one thing I could never get over...why would Robin Hayes take the stand and make statements that supported the DOJ's basis for the lawsuit?
He either did it on purpose, or he's vastly incompetent. Not even of the answer to be honest, but the outcome was the same.
But the one thing I could never get over...why would Robin Hayes take the stand and make statements that supported the DOJ's basis for the lawsuit?
He either did it on purpose, or he's vastly incompetent. Not even of the answer to be honest, but the outcome was the same.
So highly doubt he didn't want it....
08-18-2025 | 11:19 AM
#1220
Gets Weekends Off
Joined: Mar 2014
Posts: 4,114
Likes: 291
I see the logic in your argument, and I used to think the same.
But the one thing I could never get over...why would Robin Hayes take the stand and make statements that supported the DOJ's basis for the lawsuit?
He either did it on purpose, or he's vastly incompetent. Not even of the answer to be honest, but the outcome was the same.
But the one thing I could never get over...why would Robin Hayes take the stand and make statements that supported the DOJ's basis for the lawsuit?
He either did it on purpose, or he's vastly incompetent. Not even of the answer to be honest, but the outcome was the same.
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