This isn’t accurate. It’s not as simple as investor.com

https://www.sec.gov/Archives/edgar/d...m#toc614592_11

is a good place to start where you can read how the debt holders are looking to off load 6m shares soon

Also there is common stock, preferred stock, warrants etc all in play here. Dont believe for a second that the airlines is owned by common stock holders.

For example:
The number of shares of our Common Stock outstanding is based on 25,878,921 shares of Common Stock issued and outstanding on June 30, 2025 and excludes:

14,443,640 shares of Common Stock issuable upon the exercise of the 14,443,640 warrants issued and outstanding as of June 30, 2025; and

4,032,258 shares of Common Stock reserved for future issuance under our 2025 Incentive Award Plan, which was adopted on April 16, 2025.

So the 25m shares your reference shows doesn’t even show the rest of the stock/warrants in play with the bondholders.

 

They call all the shots. It’s their BOD and the BOD will do whatever they say and the Csuite will do whatever the BOD says. It’s just like Frontier and Indigo. The common shareholders have no say and Csuite and BOD take all their orders from indigo.

 

This is the sad truth.

 

That waste of time put half a million dollars in my pocket. Other airlines who got their pensions terminated got zilch!

 

Heard the landing is for sale/sold. Burning the furniture.

 

Yeah, I wouldn't be surprised if that was possibly part of the plan all along.

The landing has a huge parking garage similar to the nearby apartments, which I always found odd considering most people don't bring a car to training/recurrent.

Plus it looks identical to the other multifamily properties in the area. The landing is the only clever thing that anyone in upper management has done since before the pandemic.

 

they knew it wasn’t contractual so kinda their own fault

 

Typical Ted Christie...lets throw it at the wall and see what sticks

Dude should run for congress

 

http://www.****tedchristie.com/

 

The Landing is not a hotel, it is an apartment building requiring parking for its residents. Spirit was not permitted to build a hotel in that location