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Spirit Now Sure As It Emerges From Bankruptcy

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Old 05-24-2025 | 08:40 AM
  #121  
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Originally Posted by Carl LaFong
Could you elaborate on this please? I just received a deposit from Spirit with no explanation and have been scratching my head about it. It came as a surprise as I retired almost two years ago.
Basically the company was under-calculating the 321 block hour ratio and was short-changing us. Everyone, currently employed or not, who worked here during the time period in question got some money. It's really just back pay.
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Old 05-24-2025 | 09:06 AM
  #122  
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Originally Posted by BusBoi
Basically the company was under-calculating the 321 block hour ratio and was short-changing us. Everyone, currently employed or not, who worked here during the time period in question got some money. It's really just back pay.
Thanks for the info.
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Old 05-24-2025 | 12:29 PM
  #123  
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Originally Posted by Carl LaFong
Thanks for the info.
I was told by a LCA that the sale of the 320s fell through and we will be getting them back
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Old 05-25-2025 | 05:39 AM
  #124  
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Originally Posted by LongHornFlyer
I was told by a LCA that the sale of the 320s fell through and we will be getting them back
That’s quite rumor from someone that most likely knows zero. We needed that cash and the chance of flying those CEOs profitably is less than zero. Losing the cash infusion from them and increasing cash burn from owning them could be about 30 more nails in the coffin.
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Old 05-25-2025 | 06:39 AM
  #125  
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Originally Posted by LongHornFlyer
I was told by a LCA that the sale of the 320s fell through and we will be getting them back
I heard that we're getting complimentary airport valet parking at any airport of choice within the US
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Old 05-25-2025 | 07:06 AM
  #126  
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Originally Posted by SSlow
I heard that we're getting complimentary airport valet parking at any airport of choice within the US
i heard that we’ll no longer be taking hotel vans and Escalades will be waiting for us on the ramp
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Old 05-25-2025 | 10:50 AM
  #127  
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Originally Posted by loudclouds
i heard that we’ll no longer be taking hotel vans and Escalades will be waiting for us on the ramp
We got a “limo” once from DFW to IAH. It was a Honda Accord. Good times.
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Old 05-25-2025 | 01:14 PM
  #128  
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Originally Posted by LongHornFlyer
I was told by a LCA that the sale of the 320s fell through and we will be getting them back
Originally Posted by Noisecanceller
That’s quite rumor from someone that most likely knows zero. We needed that cash and the chance of flying those CEOs profitably is less than zero. Losing the cash infusion from them and increasing cash burn from owning them could be about 30 more nails in the coffin.
Please tell me the sale falling apart is a false rumor. We have enough nails in our coffin right now.
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Old 05-25-2025 | 01:20 PM
  #129  
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Originally Posted by Noisecanceller
That’s quite rumor from someone that most likely knows zero. We needed that cash and the chance of flying those CEOs profitably is less than zero. Losing the cash infusion from them and increasing cash burn from owning them could be about 30 more nails in the coffin.
23 nails, if I remember correctly…
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Old 05-25-2025 | 05:07 PM
  #130  
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Anyone with flightaware can track those tails if they know which ones were sold. They are not in our fleet flying for Spirit.
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