Spirit Now Sure As It Emerges From Bankruptcy
04-03-2025 | 02:57 PM
#51
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Joined: Feb 2019
Posts: 1,226
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From: baller, shot caller
Going forward will tariffs make Spirit more of a target for a merger because the acquirer will have instant access to Airbuses? Yes some are made in Mobile but I’m sure it’s limited.
Will the economy about to go off a cliff will if force more airline’s hands in a M and A?
Or will the weakening economy just make it tougher for Spirit to survive?
As of now we probably will run out of cash by the end of the year.
Will the economy about to go off a cliff will if force more airline’s hands in a M and A?
Or will the weakening economy just make it tougher for Spirit to survive?
As of now we probably will run out of cash by the end of the year.
04-03-2025 | 07:14 PM
#52
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Joined: Jan 2023
Posts: 438
Likes: 80
04-06-2025 | 08:32 PM
#53
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Joined: Apr 2025
Posts: 5
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Frankie is chomping at the bit to acquire spirit just like it did frontier. The day will come sometime at the end of summer early/fall if things did not play out as hoped over the summer.
It might sound harsh but it feels like spirit operating as an independent operation hinges on the next 4-5 months.
I don’t say that trying to be a jerk or maliciously. I just genuinely don’t know how much more the creditors will be willing to put In VS a sale.
in the end of the day it’s all about $.
wishing the best for all my brothers and sisters in flight decks over the next year. Hopefully this is all a big nothing and consumers stay resilient. Time will tell.
It might sound harsh but it feels like spirit operating as an independent operation hinges on the next 4-5 months.
I don’t say that trying to be a jerk or maliciously. I just genuinely don’t know how much more the creditors will be willing to put In VS a sale.
in the end of the day it’s all about $.
wishing the best for all my brothers and sisters in flight decks over the next year. Hopefully this is all a big nothing and consumers stay resilient. Time will tell.
04-07-2025 | 10:57 AM
#54
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Joined: Dec 2022
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04-07-2025 | 11:04 AM
#55
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Joined: Jan 2023
Posts: 438
Likes: 80
There are no parts of spirit to pick apart, you’re just LARPing as someone you’re not on an anonymous forum. Next time read up on Spirit’s actual financials before posting BS
04-07-2025 | 01:14 PM
#56
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Joined: Apr 2025
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If they liquidate, they will not get 10 billion though. That's obvious but judging by some of these responses I'm getting, clarification seemed necessary.
04-07-2025 | 07:15 PM
#57
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Joined: Dec 2022
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10 billion or so in assets, however, fully encumbered by the people that own our debt. That shouldn't be so difficult to understand.
If they liquidate, they will not get 10 billion though. That's obvious but judging by some of these responses I'm getting, clarification seemed necessary.
If they liquidate, they will not get 10 billion though. That's obvious but judging by some of these responses I'm getting, clarification seemed necessary.
handful of airplanes
300-400M in purpose built real estate
One or two simulators?
So we presume that our new equity holders own the debt on those assets. They have how much invested at this point? Close to $3B? They sell all that stuff and get what? $1.5B and whatever cash? Seems like a money loser if you ask me.
I don’t see $10B in assets.
04-07-2025 | 07:45 PM
#58
On Reserve
Joined: Apr 2024
Posts: 71
Likes: 0
Go ahead and name them.
handful of airplanes
300-400M in purpose built real estate
One or two simulators?
So we presume that our new equity holders own the debt on those assets. They have how much invested at this point? Close to $3B? They sell all that stuff and get what? $1.5B and whatever cash? Seems like a money loser if you ask me.
I don’t see $10B in assets.
handful of airplanes
300-400M in purpose built real estate
One or two simulators?
So we presume that our new equity holders own the debt on those assets. They have how much invested at this point? Close to $3B? They sell all that stuff and get what? $1.5B and whatever cash? Seems like a money loser if you ask me.
I don’t see $10B in assets.
04-08-2025 | 04:45 AM
#59
Line Holder
Joined: Jan 2023
Posts: 438
Likes: 80
Go ahead and name them.
handful of airplanes
300-400M in purpose built real estate
One or two simulators?
So we presume that our new equity holders own the debt on those assets. They have how much invested at this point? Close to $3B? They sell all that stuff and get what? $1.5B and whatever cash? Seems like a money loser if you ask me.
I don’t see $10B in assets.
handful of airplanes
300-400M in purpose built real estate
One or two simulators?
So we presume that our new equity holders own the debt on those assets. They have how much invested at this point? Close to $3B? They sell all that stuff and get what? $1.5B and whatever cash? Seems like a money loser if you ask me.
I don’t see $10B in assets.
04-08-2025 | 05:36 AM
#60
On Reserve
Joined: Feb 2024
Posts: 92
Likes: 0
our genius resident analyst who was so successful he decided to join us here at spirit, also fails to realize that its enterprise value that comes into play when talking about liquidation. And creditors would get 20 cents on the dollar if they are lucky in that regard. TWA sold to AA for like 700 mil and they owned more than we do. They too realized just how disadvantageous liquidation is even compared to a crappy merger deal.
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