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    Spirit Airlines Prepares to Shut Down as Rescue Deal Falls Apart


    Spirit Airlines preparing to shut down after the deal with the Trump admin has fallen apart. Spirit’s bondholders were not on board with the plan.

    Rip FLYYQ

    https://www.wsj.com/business/airlines/spirit-airlines-prepares-to-shut-down-as-rescue-deal-falls-apart-5a2d5936

    Posted by Herbrax212

    42 Comments

    2. Pete26l96 on

      WTF MAN I JUST LOST $33,000 EXPECTING THE $500M CARE PACKAGE TO GO THROUGH….

    5. ayejy on

      That’s how it should work. You can’t run a business right, it falls 🤷

    6. dingusmingus2222 on

      Once again the US Government has created spirit bag holders unable to afford their baggage fees.

      What’s that saying? “If I had a nickel every time this happened I’d have two nickels, which isn’t a lot but it’s weird it happened twice”

    10. Crypto_Force_X on

      Dang I have been staring at their old bankrupt ticker wondering why it was so boring.

    22. Greenzombie04 on

      Wonder how bad the government package was that the bond holders said I will take nothing instead of doing your deal.

    23. Clackamas_river on

      Fuck – Where are we going to get all the chick fight videos now?

    27. dcgkny on

      everyone always jokes about Spirit(personally have never flown them) but this is awful news for us. Spirit seemed to serve lot of family destinations where even w all the fees, families could save significant money on airfare. Plus if someone needs to take a last minute flight Spirit was still decent price vs something like Delta

    29. ShartInYourFace on

      I flew them a few times rt for like $88. Uncomfortable seats, but for that price I would’ve stood.
      Sucks that they are going the way of Kiwi. And JetBlue is probably not far behind.

    33. Tay_Tay86 on

      Good. That’s called capitalism. You shouldn’t get a government bail out because you fucked up your business. If your business sucks it’s supposed to go under.

      Sick of the government of supposed “free markets” intervening

    34. RedfootTheTortoise on

      I hope Spirit Halloween buys the remnants and does some spooky flights

    35. Duc_de_Bourgogne on

      Is it still possible that a government bail out could still be reached or never?

    37. Retrobot1234567 on

      If they didn’t save $SAVE and actually screwed shareholders like me, they shouldn’t save $FLYYQ.

    41. CramerWasRight on

      Yeah the merger would have made JetBlue the fifth largest airline in the US. Fifth! That would have been really terrible for some reason. Well I hope they’re happy with themselves because now competition is reduced anyway. Almost as stupid as the blocked Coach/Michael Kors merger. Like who gives af?

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