SPIRIT AIRLINES

[The Boz]

I have flow from Detroit to Ft Myers, FL, on Spirit for $25.

It's like traveling on an urban bus.

Same clientele, quality of equipment, employee competence, and service.

We’ve written 100,000 words about Spirit but this was all that was required.

Ft Myers Florida is precisely where the Spirit clientele would wish to go too.

Wrong, the typical Spirit customer goes to Miami or FL to show off their 300 lb black ass and fool themselves into thinking they are “attractive”. Then they fight with the desk clerk when the flight is delayed or cancelled as Spirit is known for.

[The Boz]

UPDATE.

(Maybe buy their cheap stock now?)

Spirit Airlines has announced plans to furlough about 330 pilots by January 31, 2025, in a bid to cut costs amid financial difficulties. This decision comes after the airline previously furloughed 186 pilots, highlighting ongoing challenges in managing debt and operational expenses. Additionally, Spirit will demote 120 captains to first officers as part of its cost-cutting measures.

The airline has faced financial strain following a failed merger with JetBlue Airways and has been unprofitable in five of the last six quarters. To improve liquidity, Spirit plans to reduce its flight capacity by 20% this quarter and by mid-teens next year. The company is also selling 23 older Airbus aircraft for $519 million, expected to generate $225 million in liquidity. These steps are part of Spirit’s broader strategy to stabilize its financial position and address upcoming debt maturities.

Nothing personal, but on a site filled with a history of poor advice, this may be the worst.

Buying stock in a company opening discussing bankruptcy is the best way to join them. Spirit stock is now being delisted and is WORTHLESS. Shareholders lost 100% of their investment. Just another reason to buy S&P 500 funds and sit back and watch your money grow over time.

[desertrunner]

Buying stock in a company opening discussing bankruptcy is the best way to join them. Spirit stock is now being delisted and is WORTHLESS. Shareholders lost 100% of their investment. Just another reason to buy S&P 500 funds and sit back and watch your money grow over time.

Ive actually done this, Invesco and JP Morgan. Thanks for the insight.

Nothing personal, but on a site filled with a history of poor advice, this may be the worst.

I was thinking they will bounce back under Trump, recover and then be worth something.

[The Boz]

Ive actually done this, Invesco and JP Morgan. Thanks for the insight.

Nothing personal, but on a site filled with a history of poor advice, this may be the worst.

I was thinking they will bounce back under Trump, recover and then be worth something.

That would be a new stock offering under a new name and symbol after bankruptcy and a totally different discussion. You may be right on that theory but it does nothing for the current stock owners who are out 100% of their investment.