Spirit Airlines Files For Bankruptcy (apnews.com)
- Reference: 0175501769
- News link: https://tech.slashdot.org/story/24/11/19/1458254/spirit-airlines-files-for-bankruptcy
- Source link: https://apnews.com/article/spirit-airlines-bankruptcy-debt-losses-782c7fb892adf1d2f366411bab955668
> Spirit, the biggest U.S. budget airline, filed a Chapter 11 bankruptcy petition after working out terms with bondholders.
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> The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion in 2025 and 2026. The airline said it expects to continue operating normally during the bankruptcy process.
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> Spirit told customers Monday they can book flights and use frequent-flyer points as they ordinarily would, and said employees and vendors would continue getting paid.
[1] https://apnews.com/article/spirit-airlines-bankruptcy-debt-losses-782c7fb892adf1d2f366411bab955668
[2] https://news.slashdot.org/story/24/03/04/1423247/jetblue-and-spirit-call-off-their-merger
Cursed (Score:2)
For those who don't know, Spirit uses Airbus planes obtained when [1]Skybus Airlines went bankrupt. [wikipedia.org]
[1] https://en.wikipedia.org/wiki/Skybus_Airlines
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> So?
That Airbus fleet was the reason behind the merger Joe and Kamala killed. The buyer also used airbus, was facing a six year waiting list, and wanted those aircraft and flight crews.
Loved Spirit Airlines (Score:2)
Contrary to the entitled, snowflakes and wealthy Cheap Charlys’, Spirit was a cut-rate ticket to paradise.
Based out of Fort Lauderdale FL (FLL) feeder flights fed into its southern bound destinations in the Caribé and Central America, Even its feeders were discount hops across the country. Its zero padding seating innovation was more comfortable than any Avianca or United flights I took(in United case it was more comfortable).
From every acquaintance whose very identity was threatened by flying c
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User name does not check out.
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Yeah I liked it. Admittedly they nickel and dime you for all extras but if you simply decide not to buy extras it was a was to fly for pretty cheap. I basically just would take a backpack (personal item) with clothes and buy nothing else. I don't need to change my seat. I don't need another bag. I don't need any snacks or water. I just want you to get me physically from location to another. I would fly from SC to NY for as low as $49 depending on timing. For that it was great.
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Yeah I understand, but if you wanted anything other than a seat on an airplane, it was difficult for less educated folks to understand their fee structures. But honestly it seemed to have hints of AWS pricing. It was taking a profit, but was doing a libertarian esque accounting of everything else you did and making sure they were correctly accommodated. That hate of Spirit, is essentially the hate the common person would have to libertarian policies if they were ever in place. Spirit and Sears are the best
Trying to get the story straight (Score:2)
> as it struggles to recover from the pandemic-caused swoon in travel
I've been reading stories for years about record-breaking travel, in large part caused by the prior pent-up demand for travel that accumulated during covid... which would seem to be the polar opposite of what the above line is suggesting. Anyone know the data?
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From the article:
> The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 billion in 2025 and 2026.
Not surprised (Score:2)
For those who live in the USA and never leave it - and I'm American and live in the USA so I am most definitely allowed to make that comment - they only care about the cost to fly. Everything else is negotiable. In other countries, there are nowhere near the number of airlines the USA has. Many countries have one major carrier and maybe there are a crappy regional carrier or two and that's it. Consolidation to survive is inevitable. Earlier in this century the USA had 6 major airlines, and that is
Bummer (Score:2)
I flew Spirit a few times to Vegas. They had great service and, in the larger seats, fine comfort.
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The market is already fixing that for you.
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IF they had merged, they'd probably spread their shittiness to the other side and kill it also, like what McDonnell Douglass's bean counters did to Boeing engineering.