Spirt filed for Chapter 11 again
#551
On Reserve
Joined: Oct 2024
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Im referring to the turnaround time. Even if they break even how do you go from losing 70M to gaining 10-40M in a quarter? What changed?
That’s all we are talking about here. Minimizing the cash burn for Spirit. Perhaps Spirits recent moves will cause a similar turn around for the better.
That’s all we are talking about here. Minimizing the cash burn for Spirit. Perhaps Spirits recent moves will cause a similar turn around for the better.
#552
Line Holder
Joined: Sep 2020
Posts: 1,556
Likes: 335
Q4 is Oct, Nov and Dec. Spirit is already $96M in the hole for Q4. They'd have to rebound pretty sharply to become profitable for the quarter. Also last year Frontier made about $40M in Q4 and Spirit lost $580M in Q4 so they don't really track each other like that. They have had over a year now since the first filing and they still haven't shed enough debt or restructured enough to find a way to make money. Anything can happen, but they are not starting off the quarter very well.
#554
Gets Weekends Off
Joined: Nov 2005
Posts: 2,690
Likes: 29
Spirit gets 50 million now. Possibility of 50 more.
https://www.airwaysmag.com/new-post/...uring-advances
https://www.airwaysmag.com/new-post/...uring-advances
#555
Spirit gets 50 million now. Possibility of 50 more.
https://www.airwaysmag.com/new-post/...uring-advances
https://www.airwaysmag.com/new-post/...uring-advances
#556
Gets Weekends Off
Joined: Nov 2005
Posts: 2,690
Likes: 29
#557
On Reserve
Joined: May 2018
Posts: 178
Likes: 2
From: 737
Spirit gets 50 million now. Possibility of 50 more.
https://www.airwaysmag.com/new-post/...uring-advances
https://www.airwaysmag.com/new-post/...uring-advances
How long will $50 million last?
#559
Banned
Joined: Dec 2025
Posts: 39
Likes: 49
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