Spirt filed for Chapter 11 again
#121
Line Holder
Joined: Dec 2022
Posts: 1,362
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#122
Line Holder
Joined: Dec 2022
Posts: 1,362
Likes: 127
#123
On Reserve
Joined: Aug 2023
Posts: 10
Likes: 0
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
#124
On Reserve
Joined: Aug 2013
Posts: 39
Likes: 0
From: B737 CA
That’s only 37 planes. With this much heads up you could trim the schedule and plan accordingly for minimum disruption.
#125
Line Holder
Joined: Sep 2021
Posts: 285
Likes: 14
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?
#126
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.
#127
That/It/Thang
Joined: Aug 2020
Posts: 3,461
Likes: 272
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.
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.
#128
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.
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.
#129
Prime Minister/Moderator

Joined: Jan 2006
Posts: 44,841
Likes: 652
From: Engines Turn or People Swim
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.
#130
Gets Weekends Off
Joined: Jul 2008
Posts: 5,574
Likes: 312
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