Government BAILOUT Spirit
04-29-2026 | 02:51 PM
#271
Gets Weekends Off
Joined: Oct 2017
Posts: 3,469
Likes: 44
The reporter that’s been covering this has said that Citadel and the government have gone back-and-forth, and all counter offers have been rejected.
notice of enforcement will be filed tomorrow.
sidebar: I’ve been on vacation for a week just logged back in and I got a violation notice from the moderator saying I have an “alter ego account” WTF?!
notice of enforcement will be filed tomorrow.
sidebar: I’ve been on vacation for a week just logged back in and I got a violation notice from the moderator saying I have an “alter ego account” WTF?!
04-29-2026 | 03:40 PM
#272
On Reserve
Joined: Feb 2020
Posts: 138
Likes: 42
From: ERJ CA
The reporter that’s been covering this has said that Citadel and the government have gone back-and-forth, and all counter offers have been rejected.
notice of enforcement will be filed tomorrow.
sidebar: I’ve been on vacation for a week just logged back in and I got a violation notice from the moderator saying I have an “alter ego account” WTF?!
notice of enforcement will be filed tomorrow.
sidebar: I’ve been on vacation for a week just logged back in and I got a violation notice from the moderator saying I have an “alter ego account” WTF?!
Maybe Citadel and co. were pushing for a better deal but are still willing to accept the base deal instead of liquidating. 🤷
04-29-2026 | 04:25 PM
#273
On Reserve
Joined: Jan 2017
Posts: 99
Likes: 40
this offshoot of the discussion is not about a "massive job loss," it's about the misguided notion that ALPA should pick winners and losers. If ALPA comes out in support of a bailout, it is picking Spirit pilots as winners, and every other pilot it represents as losers.
At least a couple of ALPA MECs have had job fairs specifically targeted for Spirit pilots. Just because you decided not to leave, doesn't mean you get to ignore that union resources were expended on your behalf.
What's being lost here is that Spirit AFA is on the creditors' committee. That's why they're weighing in.
I'm glad ALPA is sitting this one out.
At least a couple of ALPA MECs have had job fairs specifically targeted for Spirit pilots. Just because you decided not to leave, doesn't mean you get to ignore that union resources were expended on your behalf.
What's being lost here is that Spirit AFA is on the creditors' committee. That's why they're weighing in.
I'm glad ALPA is sitting this one out.
04-29-2026 | 05:15 PM
#276
On Reserve
Joined: Mar 2024
Posts: 182
Likes: 115
None of the secured note holders are approving this bailout, understandably. Only the unsecured note holders wants it. Trump knew this was going to happen. 90% was never a serious option.
It's over.
04-29-2026 | 05:27 PM
#277
On Reserve
Joined: Dec 2025
Posts: 103
Likes: 100
From: A320 CA
https://www.cbsnews.com/news/talks-t...ward-collapse/
None of the secured note holders are approving this bailout, understandably. Only the unsecured note holders wants it. Trump knew this was going to happen. 90% was never a serious option.
It's over.
None of the secured note holders are approving this bailout, understandably. Only the unsecured note holders wants it. Trump knew this was going to happen. 90% was never a serious option.
It's over.
04-29-2026 | 06:26 PM
#279
On Reserve
Joined: Feb 2020
Posts: 138
Likes: 42
From: ERJ CA
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