Kirby was WRONG!
04-24-2026 | 04:51 PM
#492
On Reserve
Joined: Dec 2025
Posts: 80
Likes: 64
From: A320 CA
Yesterday | 08:10 AM
#493
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,874
Likes: 670
From: Engines Turn or People Swim
So your contention is that creditors do NOT price in broader market risk when negotiating loan terms??? Interesting... And you call me dumb...
It's not 2008?? So the auto loan bailouts of 08 were because domestic auto manufacturing is MORE important to commerce and economic activity of the US than the domestic airline industry??
All around interesting points you make.. 🤔
It's not 2008?? So the auto loan bailouts of 08 were because domestic auto manufacturing is MORE important to commerce and economic activity of the US than the domestic airline industry??
All around interesting points you make.. 🤔
No Iran war, no bailout.
If NK was another company in a less high profile industry, also no bailout. This is not 2008, and NK isn't GM or CitiGroup.
Yesterday | 08:28 AM
#494
On Reserve
Joined: Feb 2020
Posts: 121
Likes: 31
From: ERJ CA
Cold Hard Reality: NK is negligible in the grand scheme of the industry and economy. Only reason this is even on the table is political optics related to the Iran war.
No Iran war, no bailout.
If NK was another company in a less high profile industry, also no bailout. This is not 2008, and NK isn't GM or CitiGroup.
No Iran war, no bailout.
If NK was another company in a less high profile industry, also no bailout. This is not 2008, and NK isn't GM or CitiGroup.
Yesterday | 08:31 AM
#495
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,874
Likes: 670
From: Engines Turn or People Swim
Could be. The point was that the reason is political optics, not "doing the right thing" or because if NK fails it will quickly drag all of the legacies into liquidation within a few weeks. This is not 2008 and NK is not a megabank.
Yesterday | 08:44 AM
#496
Line Holder
Joined: Jan 2015
Posts: 464
Likes: 62
Yesterday | 08:59 AM
#497
On Reserve
Joined: Jun 2019
Posts: 101
Likes: 105
Yesterday | 09:37 AM
#498
On Reserve
Joined: Apr 2026
Posts: 7
Likes: 4
Yesterday | 09:57 AM
#499
On Reserve
Joined: Apr 2026
Posts: 4
Likes: 8
The Iran war and fuel prices doubling is not the demise of Spirit. Incompetent management, declaring bankruptcy and swindling the shareholders twice, Pratt engine issues, terrible customer service and reliability, that’s what brought Spirit down. People think twice when booking their flights on Spirit because they’re not sure if they’ll actually make it to their destination.
The high fuel prices just sped up the inevitable
it will be interesting to see if Spirit can manage to swindle the government as well.
The high fuel prices just sped up the inevitable
it will be interesting to see if Spirit can manage to swindle the government as well.
Yesterday | 12:53 PM
#500
That/It/Thang
Joined: Aug 2020
Posts: 3,467
Likes: 281
Spirit will get their $500m bailout, and it will open the Pandora’s box of open hands from other airlines. Let that begging begin.
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