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re: US could own 90% of Spirit if we bail them out
Posted on 4/22/26 at 1:50 pm to frogtown
Posted on 4/22/26 at 1:50 pm to frogtown
quote:
No you don't. Government should not be bailing out failed companies.
"Bailing out" and "purchasing with the intent to sell to another buyer" are completely different things. I need to see what the government is trying to do here. I'm not going to just take the word of some dude I've never heard of from twitter.
0
Posted on 4/22/26 at 1:54 pm to texas tortilla
quote:
why didn't the government own 90% of all the big banks/aig they bailed out in 2008 with that 700 billion tarp. government did get some equity in gm when they bailed them out.
The government should own a stake and take a cut of the profits for any bailout, but many conservatives will complain about it. They think the government should only generate money by stealing from the labor of workers, not through investments.
Posted on 4/22/26 at 2:00 pm to TenWheelsForJesus
Spirit was a decent Airline when it was small mostly offering Gambling Charters and linking Detroit and Atlantic City with other markets. Private Equity got a hold of it, ran up huge amounts of debt, and basically turning the Airline into an airborne Greyhound Bus.
Posted on 4/22/26 at 2:04 pm to TJG210
I read this as bailing out Sprint, not Spirit.
I don’t see the point in bailing out Spirit.
I don’t see the point in bailing out Spirit.
Posted on 4/22/26 at 2:06 pm to Eurocat
quote:
There should be a rule that legroom must be at least 34 inches
Rule 34”?
Posted on 4/22/26 at 2:29 pm to TJG210
Well.. Mandami is gonna show us how to run a grocery store in NYC, we can run a domestic airline owned by the US I guess.
Posted on 4/22/26 at 4:15 pm to TJG210
The SPCA should buy it
Posted on 4/22/26 at 4:20 pm to TJG210
I could support this if we'd use it strictly for mass deportation flights.
This post was edited on 4/22/26 at 4:23 pm
Posted on 4/22/26 at 4:24 pm to TJG210
This exact topic is how I drove Tiger Rag nuts one night. I had so much fun poking at him. He deserved it
Posted on 4/23/26 at 3:47 am to TJG210
Haven’t made money since 2019. Seems like a great investment.
Posted on 4/23/26 at 5:39 am to TJG210
quote:
US could own 90% of Spirit if we bail them out
90% of the way to being Amtrak of the Skies
Posted on 4/23/26 at 5:42 am to Ping Pong
quote:
I'm surprised that 90% of Spirit is only worth $500 million
Yeah, seems rather low
Posted on 4/23/26 at 5:55 am to dstone12
quote:
Buy them and use them for deportations.
Or
Let them take all the folks that are disrispect’d to keep all the other airlines safe.
Or convert them into luxury stabbing cabins in the sky for members of the administration to join the mile high club.
Posted on 4/23/26 at 5:57 am to TJG210
Most likely targeting the melanin rich voters. 
Posted on 4/23/26 at 6:57 am to TJG210
quote:Free market. You make it or you don't.
Why in gods name would we do this? This isn’t the small government I voted for.
Posted on 4/23/26 at 7:16 am to TJG210
8-D chess.
Posted on 4/23/26 at 7:37 am to AUCom96
quote:
No such politician. (allowed to run)
True.
quote:
JetBlue won a hostile takeover bid for Spirit back in 2022, outbidding Frontier with a $3.8 billion offer.
quote:
The Department of Justice sued to block it, arguing it would hurt low-income travelers by removing a budget competitor. A judge agreed and killed the deal in early 2024.
quote:
The judge who famously blocked the JetBlue-Spirit merger in January 2024 was U.S. District Judge William Young.
He became a bit of an internet sensation at the time for the way he worded his ruling. In his 109-page opinion, he specifically addressed the people who rely on Spirit’s cheap fares, writing:
"Spirit is a small airline. But there are those who love it. To those dedicated customers of Spirit, this one’s for you."
This post was edited on 4/23/26 at 7:47 am
Posted on 4/23/26 at 7:38 am to TJG210
Let Walmart airlines fail. It’s for the best of all humanity.
Posted on 4/23/26 at 7:48 am to Diamondawg
quote:
Free market. You make it or you don't.
In a free market a judge wouldn't block me from purchasing things.
That free market shite died a long time ago.
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