Spirit Airlines was destroyed by Elizabeth Warren and Biden

[Hafar1014]

Elizabeth Warren hailed blocking the $3.8B Spirit-JetBlue merger as a 'Biden win for flyers.' Now Spirit is gone

With Spirit Airlines shuttered after more than three decades in operation, was the decision to block the JetBlue-Spirit merger in 2024 really the right one?

finance.yahoo.com

When Elizabeth Warren took to X in early 2024 to acknowledge the blocked merger between JetBlue Airways and Spirit Airlines, she framed it as a clear consumer victory. She called the decision, which she argued would prevent fares from competition-induced creeping, a "Biden win for flyers." (1)
Those in favor of the merger, however, argued that it would have aided both airlines in their increasingly tenuous efforts to keep costs down. And, as it turns out, Spirit couldn't afford to keep those efforts up.

"Sustaining the business required hundreds of millions of additional dollars of liquidity that Spirit simply does not have and could not procure," Dave Davis, Spirit's President and Chief Executive Officer, said in a press release. (2) "This is tremendously disappointing and not the outcome any of us wanted."

Warren and impaired Biden in another act of fiscal stupidity blocked the merger of Jet Blue and Spirit Airways. More proof democrats cant manage an economy and create chaos when they are in control

 

[rightwinger]

They couldn’t afford TRUMPgas

 

[Hafar1014]

They couldn’t afford TRUMPgas

Yes we can thanks to the middle class tax cut

 

[struth]

They couldn’t afford TRUMPgas

They filed for bankruptcy in 2024. Four years of xiden’s economy, including Xiden gas forced them into bankruptcy

 

[airplanemechanic]

They couldn’t afford TRUMPgas

That would be TrumpJet-A.

 

[airplanemechanic]

They filed for bankruptcy in 2024. Four years of xiden’s economy, including Xiden gas forced them into bankruptcy

They filed for bankruptcy twice in one year before Trump took office.

 

[Hafar1014]

That would be TrumpJet-A.

They were bankrupt under Biden who then blocked a merger that would have saved them

 

[struth]

They filed for bankruptcy twice in one year before Trump took office.

Four years of xiden’s economy will do that to a business

 

[Blaster]

Biden and Democrats are responsible.

 

[1srelluc]

Now Warren needs to be investigated to see if she shorted Spirit stock.

 

[1srelluc]

LOL....That X post did not age well.