We Told You This Would Happen to Spirit Airlines

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Here’s a see I told you so moment and a follow up story. Spirit Airlines. No, I’m not going on a spree. I’m sorry. I’ve seen what goes on. I see at airports, you know, that they’re reading around Spirit Airlines. Things get a little bit nuts. They got bloody websites chronicling it. But anyway, a few years ago, Spirit Airlines and JetBlue were looking to merge.

It was rejected by the Biden administration. And we said here on the program, what are you doing? What? Why? Why would you redact that? you know, you know, it’s going to be bad for the consumer and it’s going to reduce choices and, you know, they’re going to have low cost airfare out there. And I again said, well, is it going to be better if Spirit Airlines goes bankrupt? Because this was basically a lifeline.

for the company. No, no, no, no, no, can’t allow it, gotta have cheap flights. again, Spirit Airlines, like we predicted, said it might not be able to survive as a going concern if it doesn’t raise more cash. They just came out of bankruptcy protection five months ago. They cut its debt when they restructured, tried to market.

upscale products look for other ways to cut costs. They already announced plans to furlough 270 pilots this fall. Again, they said they’re affected by adverse market conditions, elevated domestic capacity, and continued weak demand for domestic leisure travel. Also,

Your name is kind of mud for most people. know, some people just will avoid your airline by the plague. came a bit of a cliche and not a good way. Again, I don’t know, maybe revisit that merger with JetBlue. Maybe talk to the current administration. Maybe work something out. Again, you’re going to have to completely rebrand. Let’s just leave it at that.

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can maybe re-emerge, some way, shape, matter, or form, but I think the best way maybe to do it is via the JetBlue route. Anyway, we told you. Watchdogonwellstreet.com.