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R.I.P. to them yellow banana bois. Press F to pay respects.

https://www.spiritrestructuring.com/
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>>62180856
rip. should be a sticky.
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>>62180856
i thought orange nigger was going to bail them out with taxpayer dollars?
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>>62180864
i guess you were wrong again
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>>62180864
The stipulation was that the US federal government would own a 90% stake in the company which the shareholders found to be outrageous; apparently that was the government's final offer and when it fell through that was it. They could've avoided this if they just took the Frontier merger deal the second time a year ago.

Having worked for the company a few years ago, I can tell you the day-to-day people running it were pretty cool, especially the pilots. But the entire C-suite execs were egotistical morons who spited their own employees almost any chance they got and considered us "legacy airline rejects" (actual words someone overheard a Flight Ops Manager saying).
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>>62180856
This is just the start, watch all the dominoes fall after this.
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>>62180892
True. More companies will start failing after this. Although Spirit was a long time coming. The people I worked with (minus management) were pretty cool though so I hope all of them will land on their feet. Seems like the Legacy carriers are going to swoop in and gobble up planes and personnel.
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>>62180875
>Having worked for the company a few years ago, I can tell you the day-to-day people running it were pretty cool, especially the pilots. But the entire C-suite execs were egotistical morons who spited their own employees almost any chance they got and considered us "legacy airline rejects" (actual words someone overheard a Flight Ops Manager saying).

Thanks for your service, Spirit was fucking awesome. Always had a good experience. Got 3 total round trip nonstop flights to Vegas for about 200 dollars total, or around 35 bucks per flight, all within the past two years, absolute cheapest mode of travel ever, you guys were rockstars
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>>62180856
I've flown on them twice over the past two years. The flight was dirt cheap, but after you add the simplest of luggage, the price came to about 85-90% of the other big airlines so there wasn't much savings. And there really was a difference in clients. Very much blacker than the other flights I take and nonstop loud from pre-boarding til I got to the long hallway after landing. Enough for me to pay more and fly on other airlines, it was that bad. Now they'll move on to other airlines, just have to see over time.
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>>62180907
You're welcome! I was never customer-facing but my job was just as important in getting planes from point A to point B. The pilots at Spirit were especially awesome. Very chill. The gate agents may have been terse and rude but it was usually because they were horrifically understaffed, which was a management issue. You try getting hundreds of people off and on an airplane in under an hour by yourself whilst getting yelled at by entitled poors. I would be rude too lol.

The business model worked well for a time but I came in late as the wheels really started to come off. I went there with plenty of experience to go to a Legacy carrier, but I was looking forward to the JetBlue merger since I grew up in the South Florida area and wanted the benefit of Major airline pay while being near family and friends, which the merger would have facilitated. Sadly, the airline industry is extremely fickle and cyclical, so them's the brakes. I sincerely hope all my former colleagues land on their feet. The everyday working people were great, management just sucked ass.
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>>62180856
F, only few them once and they fucking sucked. But at least they kept the brown hoarde at bay.
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>>62180908
The trick to Spirit is (was) being able to carry a backpack on with a bunch of packing cubes then you get a round trip for only $100. It was very fun when I would fly them (even before I worked for them) because FLL always had Broward Sheriff Officers close by to the Spirit gates in order to deter chimp outs. It usually didn't work but it was fun watching blacks get suplexed or thrown off flights over very trivial things every now and then.
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Never had an exceptional flight
Never had a bad flight
It was Mediocre from day 1 and almost always the cheapest option. RIP
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>>62180929
Personally, I think blacks and browns will just stop flying. The Big Four have an even bigger stranglehold on the market now and already said they will raise prices due to jet fuel costs; now that there's even less route competition in the Florida market, those prices are gonna skyrocket. It's going to be too expensive for the poors to fly, which is good since in my experience ULCC flyers are 80% scum of society and 20% polite savvy consumers. I feel bad for the latter but not the former.
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>>62180908
>>62180938
>The trick to Spirit is (was) being able to carry a backpack on with a bunch of packing cubes then you get a round trip for only $100

Yeah this was the move with Spirit. However, if you signed up for their credit card, you could get up to 2 free checked bags per flight. The card itself is about 70 bucks per year but the first year was free. Now that I think about it, I wonder what happens to my spirit credit card

>>62180945
I think you're right, and I could see this being a boon for bus and rail travel especially. Amtrak will probably get a lot busier for routes that were once serviced by Spirit. Of course, it also takes longer, and in the age of minimal days off with PTO, it's not often an option for people. That being said, rail is the most resilient form of transport to oil price change since it is so efficient
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>>62180945
I have always used Sun country for Florida flights and always found them cheaper than spirit, and I fly there twice a year, I fly with only a backpack
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>>62180951
>Now that I think about it, I wonder what happens to my spirit credit card
If you check the link in OP there's another link that describes what happens to points and such. You might be fucked though.

>I think you're right, and I could see this being a boon for bus and rail travel especially.
Good point. I'm pretty sure the Brightline saw an uptick in ticket sales when Silver Airlines went under, since they mostly serviced the South Florida region. Amtrak will probably do well.
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>>62180955
Sun Country, Allegiant, Breeze, Avelo and Frontier will likely get most of Spirit's previous clientele. The Legacy carriers are just going to keep getting more expensive.
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>>62180967
>If you check the link in OP there's another link that describes what happens to points and such. You might be fucked though.

I only had 7,000 points left after my most recent round flight with Spirit two weeks ago. Unless I booked something over 6 months in advance, and even then, 7,000 points was maybe good for half the cost of a single flight. I don't care. I got 6 total flights from Spirit for a grand total of 200 bucks. If I don't get any back from those points that's fine, Spirit served me well, I feel like I got a great value already
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>>62180945
I hope this is true but I doubt it. They'll just go into debt to fly like they go into debt to buy SUVs and shit.
Fuck, this sucks. I live in the south so the primary airlines were Spirit and Delta. Not only will Delta surely begin raising their prices but now I'll have to deal with even more niggers
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>>62180945
Lol, lmao. Nobody curtails spending when prices of things go up, especially not groids.
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>>62180856
They can sell all the jet engines for AI data centers.
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Pour one out for the homie.
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>>62180971
Maybe that's for the best. Spirit was a great way of keeping anti social behavior off the primary airlines.
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>>62181069
She's sucking her gut in so hard for the picture that it could depressurize the whole joint.
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recession indicator
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>>62180875
>Legacy Airline Rejects
You are. Why would anyone choose to work for Spirit over Delta?
>Merger.
They tried with JetBlue. Would have made them 8% of the airline market. They got blocked by Congress for some fucking reason. It would have been less like Coke and Pepsi merging, and more like RC Cola merging with Ale-8.
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I’m a former Air Force guy, and I loved Spirit. Flying 17 hour flights on a C-130 conditioned my body and mind to sleep anywhere in any position. I’d get my cheap Spirit ticket, stuff my necessities into my carry-on and pockets, and I’d sleep through the whole flight, no matter how loud Shaniqua was.
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>>62180856
A long time coming unfortunately. They've declared bankruptcy several times over the last few years. The truth is that its just not a profitable business model to appeal to the lowest common denominator. What a lot of people don't know is the big carriers make a significant portion of revenue via credit card offers. And if you travel a lot particularly for work, the offers are quite good actually. But Spirit's 'clientele' are typically very poor and have bad credit.
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>>62181802
>>62181802
So what you're saying is that if Spirit had pivoted into selling Hennie bottles and Bluetooth boomboxes financed through Klarna in flight they'd probably be okay?
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>>62180875
How much do the shareholders get from dissolving the company?
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>>62182163
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>>62180908
>Now they'll move on to other airlines, just have to see over time

Idk my impression was a number of spirit flights were so cheap even after Jewish trickery they were attracting the Greyhound crowd. With them gone I think that group will largely avoid flying, or be in such small numbers they won't get out of hand.
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>>62181569
>You are. Why would anyone choose to work for Spirit over Delta?
I already had enough experience to go to a Legacy carrier, but for me personally I was hoping to have my cake (get Major airline pay) and eat it too (live and work near family and friends) if the JetBlue merger went through, which obviously it didn't after a federal judge blocked it. It's a bunch of horseshit in hindsight because Alaska Airlines was allowed to acquire Hawaiian with zero issues. As for why many of my colleagues did it, it was good experience towards getting to a Major and most of them were South Florida natives with homes already so they weren't planning on leaving. After the past round of furloughs a a few months ago, many people finally jumped ship for the Majors even those who had been there for 15+ years at that point. That's how bad it got. I got out of there right after they declared bankruptcy the first time. As far as the "Legacy airline rejects" line goes, that ironically applied more to upper management who were too incompetent to go to a Major carrier and/or got fired from it and/or from smaller airlines they ran into the ground, then nepotistically brought other managers to wherever they go next. The airlines are a really small industry for a reason. Everybody knows everyone else.
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>>62182165
Not as much as they would have from keeping it almost but definitely less if they took the government bailout. The problem is like this anon said >>62181802 it's been a long time coming. Once the post-COVID money ran out and consumers started to prefer a more premium flying experience (which is the opposite of Spirit's business model) after being cooped up for a year-plus made their business model not nearly as profitable. They also over leveraged themselves using that COVID money to buy more planes they couldn't afford. Then the Pratt & Whitney engine issues required significant grounding and maintenance inspections on the Airbus A321-neos that they just bought and now couldn't use. Then the federal government blocked the merger. Then finally the Iran War causing fuel costs to skyrocket was the final nail in the coffin.

>>62180976
They are (were) a great value if you traveled light and hunted for deals.
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>>62180978
>>62181006
You guys are probably right. They will just switch to Frontier.
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>>62181048
The Legacy carriers will likely gobble up Spirit's aircraft once they liquidate since there is an aircraft shortage as Boeing is incompetent and is still fixing shit they outsourced to jeets and Airbus just can't keep up with demand. I know United especially was eyeing Spirit's fleet like a ravenous vulture.
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>>62183202
What’s it like experience wise now? Do you think someone starting a multi-crew turbine multi engine gig could get to a get within a few years over there? Not trying to be positive but sometimes you’ve got to close a door to open a window i.e. covid. Is late 20s too late to get into Jets there too?
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>>62181569
ALE-8 MENTIONED
HANG ALL CHEERWINE ENTHUSIASTS
AVAILABLE ON ALL CONTINENTS
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>>62186044
Kentucky is based as fuck. I've enjoyed living here the past few months.
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>>62184661
COVID actually started a mass hiring frenzy at the Majors due to early retirements, so there's definitely good and bad with it. There's still a shortage of pilots though so you'd have a good chance to get into a regional for a few years so long as you have the requisite flight hours and ATP license.



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