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Started By
Message
Is there any hope for Spirit?
Posted on 5/1/26 at 1:28 pm
Posted on 5/1/26 at 1:28 pm
I have no idea how far this thing is going to fall.
Posted on 5/1/26 at 1:39 pm to boogiewoogie1978
"Spirit Airlines could shut down as soon as Saturday"
LINK
Not a horse I'd want to hitch my wagon to.
LINK
Not a horse I'd want to hitch my wagon to.
Posted on 5/1/26 at 1:56 pm to boogiewoogie1978
Not even a ghost of a chance.
Posted on 5/1/26 at 1:59 pm to Decisions
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.
Better not bail them out. The Biden admin fricked up by blocking their merger with Jet Blue a few years back.
Posted on 5/1/26 at 2:08 pm to boogiewoogie1978
Wasn’t there some scammer saying he was gonna buy them and base them out of MSY?
Posted on 5/1/26 at 3:11 pm to boogiewoogie1978
quote:To zero? Sounds like they are shutting down
I have no idea how far this thing is going to fall.
Posted on 5/1/26 at 3:34 pm to boogiewoogie1978
I was charged for deep breaths when I flew Spirit. Shallow breaths, thankfully, were included in the price.
My hope for Spirit ended then.
My hope for Spirit ended then.
Posted on 5/1/26 at 8:39 pm to Lsut81
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
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 on 5/1/26 at 9:59 pm to boogiewoogie1978
If Carvana can do it Spirit can.
Posted on 5/1/26 at 10:24 pm to boogiewoogie1978
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.
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 on 5/1/26 at 11:00 pm to makersmark1
quote:You know when the best time to sell your airline stock is?
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.”
When the market’s open.
Posted on 5/2/26 at 7:45 am to SidewalkTiger
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.
I’m sure are there airlines will be happy to scoop in and by their fleet at a discount.
Posted on 5/2/26 at 7:54 am to GeauxTigers123
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 on 5/3/26 at 10:00 pm to makersmark1
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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