Your DDS is on full display here. Elizabeth Warren? Come on now, that's got nothing to do with any of this.

There are many illegal activities where no-one has an "obligation" to sue, but it's definitely the right thing to do. Remember, this deal was pushed by the shareholders against the advice from the board as the board back then knew the likelihood was slim that this would pass given jetBlues comments about removing competition. And then the CEO can't drop his ego for a second and admit this is a necessary transaction.

Blaming Biden is DDS.

 

lol, do you think Trump cares if its “legal” 😂😂.

 

I can’t believe you idiots are excited for this ****. It’s unbelievable what you’ll do to keep a job.

 

You’re right, it should be Lina Khan

 

I don’t see how any of this actually gets through Congress and the courts. If the government somehow decides to give Spirit taxpayer money, the other LCC’s will sue for their share as well. If the government then went to the extreme and gave money to all LCC’s, the big 4 would tie that up in the courts arguing that the government had created an unfair business environment by subsidizing value carriers and allowing them to operate at a loss. I still say that the administration is putting on a show and doesn’t expect actually do anything. There isn’t enough support in Congress to shell out large sums of money and legal challenges will be bad press for the administration and void any political gains. They want the story to be that the administration saved jobs and low cost travel. They don’t want the dismal balance sheets and poor management history to be brought into the light by the opposition.

 

Even the most die hard Republican pilot will become a socialist once their job is on the line. So with that said, why are they so quick to judge other bailouts for other people in which it would affect their personal lives that are upended?

 

Am I understanding correctly that that April 30th is the bankruptcy court hearing date?

 

As I understand it the judge originally said he could schedule a hearing as soon as Monday if everyone's on board.. sounds like two of three are on board bondholders aren't.. so now I'm hearing it *would* be scheduled for Thursday (payroll day) if everyone is on board.. but as of yet I don't see it on the calendar?

 

I believe a last minute hearing can be scheduled as little as 24 hours in advance. So if we hear nothing tomorrow then it's not looking good. They're targeting April 30th according to that article...

 

Judges are compelled to rule in the way the laws dictate and how the case in presented to them, regardless of who appoints them. I know Democrats are used to activist judges who do their bidding for them, but Republican appointed judges tend to follow the letter of the law better. So yes, this is 100% on the
Biden Administration who brought a case the the U.S. courts the Trump administration never would.