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Spirt filed for Chapter 11 again

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Old 09-06-2025 | 06:41 PM
  #121  
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Originally Posted by Excargodog
Sort of makes Judge William Young seem like an ignoramus. Wasn’t preserving Spirit operations to these routes part of the rationale for his denying the merger?.

The man has got to be the most naive judge in the history of humanity
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Old 09-06-2025 | 06:42 PM
  #122  
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Originally Posted by JulesWinfield
The beard assured everyone they would be just fine without the merger, though.
Ted got rich running airlines into the ground. It was his specialty. Not one success, yet continued to take in millions.
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Old 09-06-2025 | 08:23 PM
  #123  
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Originally Posted by Noisecanceller
Ted got rich running airlines into the ground. It was his specialty. Not one success, yet continued to take in millions.
Had the MEC guy on the jump seat on my last flight he said spirit is heading for chapter 7. He said there will be big news about it end of October. Aercap planes get repossessed October 27th. Godspeed all
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Old 09-07-2025 | 03:40 AM
  #124  
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Originally Posted by Flyokayish
Had the MEC guy on the jump seat on my last flight he said spirit is heading for chapter 7. He said there will be big news about it end of October. Aercap planes get repossessed October 27th. Godspeed all
That’s only 37 planes. With this much heads up you could trim the schedule and plan accordingly for minimum disruption​​​​​​.
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Old 09-07-2025 | 04:21 AM
  #125  
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Originally Posted by Flyokayish
Had the MEC guy on the jump seat on my last flight he said spirit is heading for chapter 7. He said there will be big news about it end of October. Aercap planes get repossessed October 27th. Godspeed all
I don’t believe he told you that even if he knew that. If he knows that then the bond holders know that. Why would they continue to burn $3M+ a day until then?
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Old 09-07-2025 | 06:38 AM
  #126  
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Originally Posted by Noisecanceller
The man has got to be the most naive judge in the history of humanity
It was a combination of a naive judge and a malicious DOJ. The government has a bit of Dunning-Kruger effect when it comes to knowing what's best for the airline industry and consumers. I will never forget the smugness of Doha Mekki when she was interviewed on CNBC and the subject of Spirit potentially going bankrupt was brought up during the JB merger lawsuit.
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Old 09-07-2025 | 07:26 AM
  #127  
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Originally Posted by Judge Smails
It was a combination of a naive judge and a malicious DOJ. The government has a bit of Dunning-Kruger effect when it comes to knowing what's best for the airline industry and consumers. I will never forget the smugness of Doha Mekki when she was interviewed on CNBC and the subject of Spirit potentially going bankrupt was brought up during the JB merger lawsuit.
Certain administrations are much worse than others. I remember Mayor Pete as SecOfTrans and wanting to require specific legroom for passengers, while also wanting to eliminate “junk fees” for seat assignments and ticket changes; and then fighting to stop the JBLU NK merger.

So NK has to have extra legroom, charge low fees, can’t charge for extras, and has to make money with this because they can’t merge to save their airline. What could go wrong?!

Meanwhile the FAA ATC centers can remain fully understaffed with inadequate technology, causing hundreds of millions of losses for the airlines, but no repercussions for that.
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Old 09-07-2025 | 07:31 AM
  #128  
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Originally Posted by CincoDeMayo
Certain administrations are much worse than others. I remember Mayor Pete as SecOfTrans and wanting to require specific legroom for passengers, while also wanting to eliminate “junk fees” for seat assignments and ticket changes; and then fighting to stop the JBLU NK merger.

So NK has to have extra legroom, charge low fees, can’t charge for extras, and has to make money with this because they can’t merge to save their airline. What could go wrong?!

Meanwhile the FAA ATC centers can remain fully understaffed with inadequate technology, causing hundreds of millions of losses for the airlines, but no repercussions for that.
Exactly...they effectively wanted to kill the ULCC model while at the same time screaming "America needs the ULCC model!" Make it make sense.
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Old 09-07-2025 | 07:33 AM
  #129  
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Originally Posted by Judge Smails
It was a combination of a naive judge and a malicious DOJ. The government has a bit of Dunning-Kruger effect when it comes to knowing what's best for the airline industry and consumers. I will never forget the smugness of Doha Mekki when she was interviewed on CNBC and the subject of Spirit potentially going bankrupt was brought up during the JB merger lawsuit.
Yes DOJ was malicious. The only thing better than blocking big business mergers was killing big businesses off outright.
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Old 09-07-2025 | 08:13 AM
  #130  
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Originally Posted by LongHornFlyer
I don’t believe he told you that even if he knew that. If he knows that then the bond holders know that. Why would they continue to burn $3M+ a day until then?
They’re also starting Key West service in November.
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