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Is there any hope for Spirit?

Posted on 5/1/26 at 1:28 pm
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
20045 posts
Posted on 5/1/26 at 1:28 pm
I have no idea how far this thing is going to fall.
Posted by HogPharmer
Member since Jun 2022
3719 posts
Posted on 5/1/26 at 1:39 pm to
"Spirit Airlines could shut down as soon as Saturday"

LINK

Not a horse I'd want to hitch my wagon to.
Posted by Decisions
Member since Mar 2015
1637 posts
Posted on 5/1/26 at 1:56 pm to
Not even a ghost of a chance.
Posted by Lsut81
Member since Jun 2005
84936 posts
Posted on 5/1/26 at 1:59 pm to
Thought I saw a tweet earlier with Trump saying he would be announcing something regarding Spirit this afternoon


Better not bail them out. The Biden admin fricked up by blocking their merger with Jet Blue a few years back.
Posted by lgtiger
LA
Member since May 2005
1508 posts
Posted on 5/1/26 at 2:08 pm to
Wasn’t there some scammer saying he was gonna buy them and base them out of MSY?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82190 posts
Posted on 5/1/26 at 3:11 pm to
quote:

I have no idea how far this thing is going to fall.

To zero? Sounds like they are shutting down
Posted by Everyday Is Saturday
Member since Dec 2025
1336 posts
Posted on 5/1/26 at 3:34 pm to
I was charged for deep breaths when I flew Spirit. Shallow breaths, thankfully, were included in the price.

My hope for Spirit ended then.
Posted by SlidellCajun
Slidell la
Member since May 2019
16356 posts
Posted on 5/1/26 at 8:39 pm to
They’re horribly mismanaged and deserve to fail

Breeze is low cost and they manage to succeed

Hearing trump try to make a case for a government bailout is incredibly disappointing. No way the government should serve as a backstop for poorly run business.

Bailing out failures with tax payer money is liberal nonsense and the fact that he has already done it with US steel and Intel is beyond disappointing

I didn’t vote for that
This post was edited on 5/2/26 at 10:42 am
Posted by PetroBabich
Donetsk Oblast
Member since Apr 2017
5133 posts
Posted on 5/1/26 at 9:59 pm to
If Carvana can do it Spirit can.
Posted by makersmark1
earth
Member since Oct 2011
21181 posts
Posted on 5/1/26 at 10:24 pm to
Airline companies are historically one of the worst investments anyone can make.

Richard Branson said, “I can tell you how to become a millionaire. Be a billionaire, and then buy an airline. In a short time, you will be a millionaire.”

Warren Buffett said if Wilbur and Orville would have shot each other, it would have spared a great deal of capital.
Posted by beaverfever
Arkansas
Member since Jan 2008
36167 posts
Posted on 5/1/26 at 11:00 pm to
quote:

Richard Branson said, “I can tell you how to become a millionaire. Be a billionaire, and then buy an airline. In a short time, you will be a millionaire.”
You know when the best time to sell your airline stock is?

When the market’s open.
Posted by SidewalkTiger
Member since Dec 2019
70286 posts
Posted on 5/2/26 at 1:59 am to
...And, it's gone...
Posted by GeauxTigers123
Member since Feb 2007
3641 posts
Posted on 5/2/26 at 7:45 am to
Supposedly the last flight to land was going to be in New Orleans.

I’m sure are there airlines will be happy to scoop in and by their fleet at a discount.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
52501 posts
Posted on 5/2/26 at 7:54 am to
Spirit has already sold off most of the airplanes it owned. Most of their airplanes were leased. Mostly Airbus a320s limits their appeal since most of the other discount airlines are Boeing 737 only
Posted by Decisions
Member since Mar 2015
1637 posts
Posted on 5/3/26 at 10:00 pm to
quote:

Airline companies are historically one of the worst investments anyone can make.


The problem is you can’t build any lasting competitive advantage and thus are always in a commodified race to the bottom (this applies to many of the transportation industries).

Most of the money is made on business-class, but you can’t get too exorbitant with those prices either since the rise of private jets.
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