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Spirit Now Sure As It Emerges From Bankruptcy

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Old 09-10-2025 | 04:41 AM
  #1781  
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Originally Posted by StoneQOLdCrazy
why would anyone give Spirit management more money, and then get in line behind the existing bond holders holding billions of Spirit’s debt?
Because they go to the front of the line. Not “behind the existing bond holders”. New money in front of old.
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Old 09-10-2025 | 04:52 AM
  #1782  
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Originally Posted by Lincoln Osiris
Because they go to the front of the line. Not “behind the existing bond holders”. New money in front of old.

What should I do Osirus? I’m stuck and tired of people asking me on FB , “ what are you going to do?”! People don’t grasp that 10 years is a lot to lose!!! Ughhhhhhhhhhh
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Old 09-10-2025 | 05:16 AM
  #1783  
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Originally Posted by 8JRMfortheyear
What should I do Osirus? I’m stuck and tired of people asking me on FB , “ what are you going to do?”! People don’t grasp that 10 years is a lot to lose!!! Ughhhhhhhhhhh
Facebook is still a thing? Ignore the trolls online and just wait and see what happens.
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Old 09-10-2025 | 05:45 AM
  #1784  
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Originally Posted by 8JRMfortheyear
What should I do Osirus? I’m stuck and tired of people asking me on FB , “ what are you going to do?”! People don’t grasp that 10 years is a lot to lose!!! Ughhhhhhhhhhh
I’d recommend applying to other airlines immediately. You can always turn the job offer down if you decide to stay, but you can’t decide to leave without the job offer. Losing 10 years isn’t ideal, but not the worst either. I know pilots that lost 20 years at Midwest Express with the company never going bankrupt. The company actually made money and they still lost their jobs.
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Old 09-10-2025 | 05:58 AM
  #1785  
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Originally Posted by Lincoln Osiris
Facebook is still a thing? Ignore the trolls online and just wait and see what happens.

Yeah , but if I wait, I can lose a lot of seniority elsewhere!! ahhhhhhhgggg so frustrating!!!
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Old 09-10-2025 | 06:08 AM
  #1786  
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Originally Posted by hockeypilot44
I’d recommend applying to other airlines immediately. You can always turn the job offer down if you decide to stay, but you can’t decide to leave without the job offer. Losing 10 years isn’t ideal, but not the worst either. I know pilots that lost 20 years at Midwest Express with the company never going bankrupt. The company actually made money and they still lost their jobs.
Come on people. 8JRM left for American at least a year ago. Good grief.
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Old 09-10-2025 | 06:38 AM
  #1787  
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Originally Posted by CatPilot1
Come on people. 8JRM left for American at least a year ago. Good grief.
Absurd

Fake News
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Old 09-10-2025 | 06:56 AM
  #1788  
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Originally Posted by LongHornFlyer
I was told by a very senior captain that we have secured DIP financing. Not saying it’s fact or that I believe it, just heard it. Anyone else hear anything about it?
How or why would he/she be privy to non-public information?
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Old 09-10-2025 | 07:00 AM
  #1789  
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Originally Posted by Lincoln Osiris
Because they go to the front of the line. Not “behind the existing bond holders”. New money in front of old.
Do you really think the current holders didn't protect themselves from such a scenario before they coughed up billions of dollars? This entire idea is absurd and irrational and does nothing to address the underlying problems with the business.
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Old 09-10-2025 | 07:03 AM
  #1790  
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Originally Posted by MtoL
How or why would he/she be privy to non-public information?
I mean, Ken Griffin is from Boca and moved his company's HQ to Miami. Not saying there's any truth to it, but it's not a stretch that someone might "know a guy who knows a guy" in an inner circle sort of thing.
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