Spirt filed for Chapter 11 again
12-15-2025 | 01:28 PM
#572
Line Holder
Joined: Jun 2006
Posts: 1,600
Likes: 33
Maybe FrankE will give Ted a second chance? (Edited because it would be tragic, not funny)
Two losing companies combined equal one big loser. We’re not merging with Frontier.
Hopefully they get a great CEO!
12-15-2025 | 01:54 PM
#574
That/It/Thang
Joined: Aug 2020
Posts: 3,462
Likes: 273
I guess maybe the contract of carriage pertaining to cancelations and more headaches in the next steps. Again, nobody knows anything, but like you said, the $50m amount doesn’t scream confidence.
12-15-2025 | 03:39 PM
#575
Line Holder
Joined: Feb 2024
Posts: 203
Likes: 18
The timing is nothing but a coincidence. I’m betting 4q financials are not good and he got the boot.
Maybe FrankE will give Ted a second chance? (Edited because it would be tragic, not funny)
Two losing companies combined equal one big loser. We’re not merging with Frontier.
Hopefully they get a great CEO!
Maybe FrankE will give Ted a second chance? (Edited because it would be tragic, not funny)
Two losing companies combined equal one big loser. We’re not merging with Frontier.
Hopefully they get a great CEO!
Q4 is done in like 2.5 weeks, they know how the quarter will shape up by this time.
12-15-2025 | 03:55 PM
#576
Gets Weekends Off
Joined: Jan 2018
Posts: 2,821
Likes: 221
I won’t pretend to know, but I’m thinking the contract of carriage is the least of the company’s concerns when staring down the barrel of a third bankruptcy.
12-15-2025 | 04:02 PM
#577
Line Holder
Joined: Jun 2006
Posts: 1,600
Likes: 33
You think F9 can sustain our yearly loses and yours for very long?
I am just a pilot, it’s nothing but a thought so we’ll see.
I hope you guys kill it 4q. 🍻
12-15-2025 | 04:17 PM
#578
On Reserve
Joined: Oct 2024
Posts: 168
Likes: 96
I didn’t say a loss, I said not as good as it should be. I thought I saw a pretty large range on earnings projections but long story short you’re not making 200 million 4q, so for the year you’re losing and we are a really big loser.
You think F9 can sustain our yearly loses and yours for very long?
I am just a pilot, it’s nothing but a thought so we’ll see.
I hope you guys kill it 4q. 🍻
You think F9 can sustain our yearly loses and yours for very long?
I am just a pilot, it’s nothing but a thought so we’ll see.
I hope you guys kill it 4q. 🍻
12-15-2025 | 04:41 PM
#579
Line Holder
Joined: Jun 2006
Posts: 1,600
Likes: 33
While I do love the optimism, it is still concerning that Mr. Davis spins the $50M as a vote of confidence. If DIP investors were confident, they would have gladly handed over $100M. It didn’t happen. This shows, what I would consider, a last chance to NK. It does make me wonder that it actually buys time for the investors to weigh their options before pulling the plug. I’m not sure this gives any airline confidence to buy NK. By this time, NK promised to have a buyer or have a plan in place showing sustainable operations. Neither happened. I’m worried!
12-15-2025 | 04:58 PM
#580
Line Holder
Joined: Sep 2021
Posts: 285
Likes: 14
While I do love the optimism, it is still concerning that Mr. Davis spins the $50M as a vote of confidence. If DIP investors were confident, they would have gladly handed over $100M. It didn’t happen. This shows, what I would consider, a last chance to NK. It does make me wonder that it actually buys time for the investors to weigh their options before pulling the plug. I’m not sure this gives any airline confidence to buy NK. By this time, NK promised to have a buyer or have a plan in place showing sustainable operations. Neither happened. I’m worried!
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