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Spirt filed for Chapter 11 again

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Old 09-07-2025 | 09:04 AM
  #131  
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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?
Yeah, it makes zero sense
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Old 09-07-2025 | 11:45 AM
  #132  
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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?.

He did save JetBlue
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Old 09-07-2025 | 01:17 PM
  #133  
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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

Which “the MEC guy”
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Old 09-07-2025 | 01:21 PM
  #134  
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Originally Posted by hockeypilot44
They’re also starting Key West service in November.
They were also starting MCN and now- not
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Old 09-08-2025 | 12:13 AM
  #135  
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Originally Posted by hockeypilot44
They’re also starting Key West service in November.
That won’t happen. Our airline will be gone by then.
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Old 09-08-2025 | 08:21 AM
  #136  
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Honest question for you Spirit guys. At what point do you start just looking out for you? What I mean is, are you starting to exhaust your sick time in the assumption there will be no company left to call out sick on. Do you even ponder a no show if things keep going south because you might never get the last paycheck anyway?

Sorry for all you guys are going through. I hope it all works out.
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Old 09-08-2025 | 08:53 AM
  #137  
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Originally Posted by FettyWap
Honest question for you Spirit guys. At what point do you start just looking out for you? What I mean is, are you starting to exhaust your sick time in the assumption there will be no company left to call out sick on. Do you even ponder a no show if things keep going south because you might never get the last paycheck anyway?

Sorry for all you guys are going through. I hope it all works out.
Yup, I no showed a 4 day for an interview. Never heard a word about it, cause im thinking scheduling no showed that day too lolz! The plane still left the gate on time, FO told me he just moved over to the left seat and the lead FA took the right seat. The end result was I got a new job, and the FO got the 320 PIC time he needed to finally get that call from Delta. Lots of this going on to save the company right now. Some senior guys are even paying for the gas on their flights just to keep the ball rolling.
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Old 09-08-2025 | 08:58 AM
  #138  
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Be careful if you have a large sick bank. I was at a regional that shut down twice. First time it shut down I was out several hundred hours of sick time. I wasn't able to accrue much when it shut down again.

That's significant money especially if your a captain with decent time on property. When Spirit shuts down I'm not sure how long you will wait, or if, you will get compensated. Even then, they may be a hefty discount especially if the liquidation is messy with the creditors.

I'm somewhere else now, and while it sucks to be commuting at the bottom for a few months, I'm at least not waking up wondering if my company will be around in a month. I guess it's about picking what problems you want to have. Some are better than others when it comes to my mortgage.
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Old 09-08-2025 | 09:26 AM
  #139  
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Originally Posted by FettyWap
Honest question for you Spirit guys. At what point do you start just looking out for you? What I mean is, are you starting to exhaust your sick time in the assumption there will be no company left to call out sick on. Do you even ponder a no show if things keep going south because you might never get the last paycheck anyway?

Sorry for all you guys are going through. I hope it all works out.

No show a 4 day lol...

Nice try Bendo!

Spirit pilots are professionals who don't organize illegal work actions. This dude is not one of us.
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Old 09-08-2025 | 09:37 AM
  #140  
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I'm pulling for you guys and really hoping a chapter 7 doesn't happen but I've got one piece of advice from someone who has been through this kind of thing before. Open a separate checking account for your paycheck and sweep any payments immediately into another account not associated with your direct deposit. I was in similar position in 2008 and they were able to claw back two paychecks when the doors closed. Ended up getting some of the money from the bankruptcy court years later but not a a fun experience. Labor isn't at the back of the bankruptcy trough but it's nowhere near the front either, especially with a company as encumbered as NK.
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