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Originally Posted by Grumble
(Post 4030065)
That loyalty is a one way street. Mgmt and the creditors don’t know who you are, or care. Just reality bro.
I would call out sick or walk away right now--who knows what kinds of things are happening behind the scenes, what kinds of safety-related costs are being cut now that the end game is here.
Originally Posted by Chimpy
(Post 4030032)
NK Pilots as professional as they are, can't be in the right headspace operating an Airbus while shortly after reading this article.
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Originally Posted by 9thAmendment
(Post 4030046)
If this was true the FAA would have pulled Spirit’s certificate already. Airlines aren’t allowed to slowly wind down at a future date for the obvious safety concerns involved in that. They just cease to exist all of the sudden.
My guess is this article was planted by a specific party in negotiations to apply pressure…again. We’ve seen that multiple times throughout this process. Even last week Spirit’s own attorney testified in court that Spirit would run out of cash by today if the government didn’t bail them out. |
Originally Posted by StoneQOLdCrazy
(Post 4030078)
Yes, amazing to hear about guys who want to "fly the last flight" or finish their trips
I would call out sick or walk away right now--who knows what kinds of things are happening behind the scenes, what kinds of safety-related costs are being cut now that the end game is here. Excellent point. |
Originally Posted by symbian simian
(Post 4030049)
Well, it looks like most mainstream media agrees with the WSJ:
https://www.theguardian.com/business...er-failed-deal https://www.detroitnews.com/story/tr...e/89890590007/ https://www.nytimes.com/2026/05/01/b...ting-down.html https://www.forbes.com/sites/suzanne...s-reports-say/ https://www.fox32chicago.com/news/sp...lines-shutdown https://www.independent.co.uk/us/mon...-b2969020.html https://www.reuters.com/business/spi...ts-2026-05-01/ https://www.barrons.com/articles/spi...ilout-d0a826e2 WSJ said it was an "exclusive", which means they have some inside track info, not public stuff. But WSJ would not risk their reputation to lean into making a big call based on half-baked info. They value that way more than scooping everybody else on a story about a small airline. |
Originally Posted by rickair7777
(Post 4030004)
This is the WSJ, not www.aviationclickbaitblog.ru
They don't do sensationalism or clickbait, they use reliable sources, and they don't go off half-cocked. The subscription fee is $500/year and it's worth it. Order Amount: $53.51Your credit card will be charged $53.51 total for the next 1 year of your Wall Street Journal subscription. |
Originally Posted by N152SY
(Post 4030079)
That’s simply not true. Compass and Trans States shut down over about a 3 week period.
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Originally Posted by N152SY
(Post 4030079)
That’s simply not true. Compass and Trans States shut down over about a 3 week period.
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Spirit never gave a rats a$$ about its pilots. Not many companies do. Loyalty isn’t a thing in this industry. If I was still there I’d be finding the quickest way home from my trip.
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Originally Posted by ksled
(Post 4030082)
dude! You're getting taken to the cleaners. Haha.
Order Amount: $53.51Your credit card will be charged $53.51 total for the next 1 year of your Wall Street Journal subscription. |
Originally Posted by iFly7X7
(Post 4030088)
Anyone thinking that the Trump administration was going to actually go through with this ridiculous promise needs to have their head examined. Would love to see who the stock market winners were on this one. Nothing but stock manipulation for a couple of weeks. Just watched our "Dear Leader" at 12:55 EDT basically walk back his promise to help as only he can do. Total con and BS.
https://www.clickorlando.com/news/po...irit-airlines/ |
How likely is an acquisition at the 11th hour here? Seems like especially in the current fuel situation that acquiring Spirit is a pretty risky move. Not sure the gov is going to bail them out either.
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Originally Posted by iFly7X7
(Post 4030088)
Anyone thinking that the Trump administration was going to actually go through with this ridiculous promise needs to have their head examined. Would love to see who the stock market winners were on this one. Nothing but stock manipulation for a couple of weeks. Just watched our "Dear Leader" at 12:55 EDT basically walk back his promise to help as only he can do. Total con and BS.
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Originally Posted by GPullR
(Post 4030092)
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Originally Posted by GPullR
(Post 4030092)
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Originally Posted by dera
(Post 4030096)
Sorry but Trump doesn't have any say on this matter.
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Originally Posted by ChinaDenver
(Post 4030098)
Correct. Congress would have to pass the legislation and appropriate the money. Pres doesn't have the unilateral authority in this particular situation (Intel was different and so was the rare earth deal). Moreover, it appears that it's Spirit's bond holders who are refusing to be subordinate to the gov't in terms of debt repayment. Congress won't even consider anything unless the gov't has the primary position.
If the administration really wanted to push something like this, I wouldn’t bet on Congress being the limiting factor. More likely you’d see some obscure statute dusted off and stretched to fit, then the whole thing gets kicked to the courts to sort out afterward. |
Originally Posted by Flika
(Post 4030102)
Congress has shown it’s been more than willing to let the administration take the lead when it’s politically convenient so they can keep their insider trading and then go saber rattle on X.
If the administration really wanted to push something like this, I wouldn’t bet on Congress being the limiting factor. More likely you’d see some obscure statute dusted off and stretched to fit, then the whole thing gets kicked to the courts to sort out afterward. |
The FAA air carrier certificate only talks about the technical certification of the airline to conduct flight operations. Airlines also need a "Certificate of Public Convenience and Necessity" from the Department of Transportation. That's basically the DOT has found the airline capable of operating as a going concern from an financial standpoint. You need both. Lose one or the other and you're done.
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Originally Posted by ChinaDenver
(Post 4030095)
Facts matter. Spirit approached the administration and begged for help. Trump wanted to assist although it would have to be Congress to pass the legislation and appropriate any money. Apparently, Spirit's bond holders won't agree to be subordinate to the govt in terms of debt repayment. If you're gonna blame anyone, blame the BIDEN ADMIN for suing to stop Spirit's merger with Jet Blue.
Stop using this excuse and blame the real parties responsible for this meltdown...Management, plain and simple! Did you ever hear Trump say even one time that he needed congressional approval for a deal? No you didn't. This was a PR stunt plain and simple and a few in the know probably made some quick cash manipulating the stock. So yes, Kirby "Was Right". His timing was just off by a few months. Anyone with a basic business degree could see this coming a mile away. |
Originally Posted by MCDUmanipulator
(Post 4030086)
Spirit never gave a rats a$$ about its pilots. Not many companies do. Loyalty isn’t a thing in this industry. If I was still there I’d be finding the quickest way home from my trip.
use 2 GFDs and float unused vacation to April (if same bid month) and 2 for May. I would want to get time out of sick and vacation and onto the monthly credit. Then sad to say, I’m calling out sick. You won’t see that sick pay |
My condolences to all those affected. How many pilots does Spirit currently have active?
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Looks like maybe next 24 hours. Sorry y'all. Best of luck to you.
https://www.msn.com/en-us/news/us/sp...ay/ar-AA22bGcu |
Originally Posted by iLikeMoose
(Post 4030118)
My condolences to all those affected. How many pilots does Spirit currently have active?
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Originally Posted by FITH
(Post 4030120)
Looks like maybe next 24 hours. Sorry y'all. Best of luck to you.
https://www.msn.com/en-us/news/us/sp...ay/ar-AA22bGcu “Trump administration officials have been told Spirit will be shutting down operations in the next 24 hours. There will be no last-minute administration effort regarding a bailout, according to sources familiar with the discussions.” |
I don't understand how people can put any stock in the various "papers of record" after the last 10 years. Especially when they cite "anonymous sources" or "people familiar"....
Besides, how many times have we heard over the last year that Spirit was just days away from liquidation? 6? 7? I'm not saying it won't happen, but I'm not going to believe it until I see dead airspace around FLL. |
Originally Posted by Jdub2
(Post 4029971)
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Originally Posted by SnarfSnarf
(Post 4030132)
I don't understand how people can put any stock in the various "papers of record" after the last 10 years. Especially when they cite "anonymous sources" or "people familiar"....
Besides, how many times have we heard over the last year that Spirit was just days away from liquidation? 6? 7? I'm not saying it won't happen, but I'm not going to believe it until I see dead airspace around FLL. |
Originally Posted by SnarfSnarf
(Post 4030132)
I don't understand how people can put any stock in the various "papers of record" after the last 10 years. Especially when they cite "anonymous sources" or "people familiar"....
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Fake news……again. Until it actually says on the Spirit website or Spirit releases a press release saying so, it is ALL speculation. This thread is pointless.
Someone’s going to say this post didn’t age well. Could be next week, could be in 20 years. It’s still fake news for now. |
Originally Posted by hockeypilot44
(Post 4030158)
Fake news……again. Until it actually says on the Spirit website or Spirit releases a press release saying so, it is ALL speculation. This thread is pointless.
Someone’s going to say this post didn’t age well. Could be next week, could be in 20 years. It’s still fake news for now. |
Originally Posted by Setspeed
(Post 4030057)
Compass had a planned wind down over like 10 days with x amount furloughed every few days
Best of luck to all the Spirit folks, plenty of you guys in class at all the legacies, as you should be. |
Originally Posted by TallFlyer
(Post 4030162)
I'm gonna guess Daddy Delta had a lot to do with that.
Best of luck to all the Spirit folks, plenty of you guys in class at all the legacies, as you should be. |
Originally Posted by LTJ9
(Post 4030038)
Nah, spirit has been good to me for almost 15 years. Going to see it to the end.
I’ll figure out how to get home if it happens FWIW, when my carrier sunk into oblivion and my badge was taken from me at an outstation 2 decades ago, the company let us take a paper copy of it to beg for a ride home. SWA wouldn’t let us in the cockpit, but got many of us home. I always thought that was a class move and would pay it forward someday if I could. Godspeed. |
WSJ says 0300 tomorrow. Presumably EST.
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Originally Posted by rickair7777
(Post 4030191)
WSJ says 0300 tomorrow. Presumably EST.
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Originally Posted by rickair7777
(Post 4030004)
This is the WSJ, not www.aviationclickbaitblog.ru
They don't do sensationalism or clickbait, they use reliable sources, and they don't go off half-cocked. The subscription fee is $500/year and it's worth it. They will text you a PDF copy of the day’s paper. Zero cost. The only thing you’re missing out on are the live updates that happen in real time. Sending along my thoughts and positive energy to my friends at Spirit. You guys hang in there, and we’ll look forward to welcoming you wherever you land. |
Originally Posted by dera
(Post 4030180)
You mean daddy AA? AA pulled the 20 jets and that did them in.
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Originally Posted by rickair7777
(Post 4030191)
WSJ says 0300 tomorrow. Presumably EST.
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I’ve flown with a lot of ex Spirit pilots at my carrier. I’m told we plan on hiring as many as 1800 this year. I hope many of the Spirit pilots find their way here. Every ex spirit pilot I’ve flown with has been great.
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Other airlines are already planning to pick up the pieces. Frontier Airlines
@FlyFrontier We are ready to support customers who may be impacted if Spirit Airlines ceases operations, with a focus on helping people continue their travel plans with low-fare options. 2:31 PM • 5/1/26 • 101K Views |
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