Spirit Airlines Heading to Bankruptcy
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So another see, I told you so moment, Spirit of the Airlines heading to bankruptcy. Yep, they are looking to restructure in chapter 11. You know, that’s all well and good, but they’re canceling routes. Again, we told you this was going to happen. Why in God’s creation did the government
Why the guys would block the merger between JetBlue and Spirit? Why would they do that? I don’t know. Is it better now? Again, I would love for somebody to actually speak to these people in the Justice Department and ask them, why, know, are you guys happy now? Is it better now that Spirit is going bankrupt? I mean, they were concerned about…
concerned about people not having access to discount carriers. Listen, new airlines pop up, they come and they go. But this would have, in essence, would have saved Spirit Airlines. Now, again, they go to chapter 11, they’re gonna be put on life support and who knows how long they’re gonna go ahead and last. But again, this is what you get when you get government bureaucrats that don’t know they’re, you
buttocks from a hole in the ground and make calls on things because it makes them feel good, gives them a sense of purpose. Sometimes people, I know, well, we’re gonna lose spirit, discount care, so what? So what? Is it gonna be better now that they’re canceling routes and they’re gonna have to lay people off and have to go into chapter 11 bankruptcy and you know what’s gonna happen next? What do you think, the company’s gonna rise from the dead?
The only hope is again, you get a change in leadership in Washington DC that will allow this company to be taken over and move forward. Quite frankly, JetBlue needed the Jets because of everything that was taking place with Boeing and what was going on and what they wanted to do. They needed it and they needed the staff. They need the pilots. They need all these things. Why their performance time is so bad. They just don’t have those workers. This could have certainly helped. And again,
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You know, I’m sorry, people, I would rather, I’m be honest, I’d rather pay a little bit more for a ticket and have greater reliability out of an airline that it’s gonna be on time, it’s gonna take off on time, all of those things. Sometimes you get what you pay for. Watchdog on wallstreet.com.