The plan going forward
07-16-2024, 05:23 PM
#261
Gets Weekends Off
Joined APC: Dec 2019
Position: A320 For Your Health
Posts: 327
Yeah this place is in a lot of trouble. Remember they originally expected cash positive q2 and q3. They thought their moves with pratt, deferrals, and furloughs etc. would save about a half billion in cash this year. They're already chewing into those supposed savings. Being real, they dont have a way out of this that isn't bankruptcy, and i wouldnt be surprised if that is coming very soon. Can only hope there is something that another company would want enough to assume the kind of debt Ted has created, and then the government would have to approve a bankrutpcy acquisition.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.
07-16-2024, 06:06 PM
#262
Gets Weekends Off
Thread Starter
Joined APC: Oct 2017
Posts: 3,232
Yeah this place is in a lot of trouble. Remember they originally expected cash positive q2 and q3. They thought their moves with pratt, deferrals, and furloughs etc. would save about a half billion in cash this year. They're already chewing into those supposed savings. Being real, they dont have a way out of this that isn't bankruptcy, and i wouldnt be surprised if that is coming very soon. Can only hope there is something that another company would want enough to assume the kind of debt Ted has created, and then the government would have to approve a bankrutpcy acquisition.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.
07-16-2024, 06:54 PM
#263
Gets Weekends Off
Joined APC: Jul 2023
Posts: 343
[QUOTE=DrSteveBrule;3820648]Yeah this place is in a lot of trouble. Remember they originally expected cash positive q2 and q3. They thought their moves with pratt, deferrals, and furloughs etc. would save about a half billion in cash this year. They're already chewing into those supposed savings. Being real, they dont have a way out of this that isn't bankruptcy, and i wouldnt be surprised if that is coming very soon. Can only hope there is something that another company would want enough to assume the kind of debt Ted has created, and then the government would have to approve a bankrutpcy acquisition.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.[/QUOTE
i hope you’ve kept your CFI going, bc you’re too late on that American train. Mesa is furloughing son; better know how to say yes sir in Spanish bc yo a$$ bottom bit€h lawn mower boyee.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.[/QUOTE
i hope you’ve kept your CFI going, bc you’re too late on that American train. Mesa is furloughing son; better know how to say yes sir in Spanish bc yo a$$ bottom bit€h lawn mower boyee.
07-16-2024, 08:01 PM
#264
Gets Weekends Off
Joined APC: Sep 2013
Posts: 395
[QUOTE=CatPilot1;3820679]
Take another hit there, son.
Yeah this place is in a lot of trouble. Remember they originally expected cash positive q2 and q3. They thought their moves with pratt, deferrals, and furloughs etc. would save about a half billion in cash this year. They're already chewing into those supposed savings. Being real, they dont have a way out of this that isn't bankruptcy, and i wouldnt be surprised if that is coming very soon. Can only hope there is something that another company would want enough to assume the kind of debt Ted has created, and then the government would have to approve a bankrutpcy acquisition.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.[/QUOTE
i hope you’ve kept your CFI going, bc you’re too late on that American train. Mesa is furloughing son; better know how to say yes sir in Spanish bc yo a$$ bottom bit€h lawn mower boyee.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.[/QUOTE
i hope you’ve kept your CFI going, bc you’re too late on that American train. Mesa is furloughing son; better know how to say yes sir in Spanish bc yo a$$ bottom bit€h lawn mower boyee.
07-17-2024, 03:35 AM
#265
Gets Weekends Off
Joined APC: Nov 2015
Posts: 1,522
07-17-2024, 03:36 AM
#266
Gets Weekends Off
Joined APC: Nov 2015
Posts: 1,522
07-17-2024, 04:23 AM
#267
Gets Weekends Off
Joined APC: Jan 2023
Posts: 186
Yeah this place is in a lot of trouble. Remember they originally expected cash positive q2 and q3. They thought their moves with pratt, deferrals, and furloughs etc. would save about a half billion in cash this year. They're already chewing into those supposed savings. Being real, they dont have a way out of this that isn't bankruptcy, and i wouldnt be surprised if that is coming very soon. Can only hope there is something that another company would want enough to assume the kind of debt Ted has created, and then the government would have to approve a bankrutpcy acquisition.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.
Could see Indigo organizing a deal that results in an asset sell and the remains taken private. I dont think the stock has any chance of avoiding delisting with a bankruptcy, but i also know nothing.
From what i can see, roughly 65% of Spirit aircraft are leased, leaving 35% of the fleet remaining for sell/leaseback or outright sell.
70 NEOs down q1 with a turnaround time nearing 400 days.
Walmart is hiring though.
07-17-2024, 08:07 AM
#268
Gets Weekends Off
Joined APC: Jun 2006
Posts: 1,466
On another note, are there any "family awareness" sorry "free meal" union events coming up? You might want to start freeze drying those.
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