Spirit Prepares to Shutter After Government Rescue Fizzles

[Moonglow]

Correct and that’s why inflation rate was slashed when he took office and fuel prices were back below 3 dollars a gallon before Iran shut down the strait in a last ditch effort to maintain their oppression.

That is the way the ball bounces. They are not the first to close due to economic conditions.

 

[struth]

That is the way the ball bounces. They are not the first to close due to economic conditions.

Correct, actually we saw massive amounts of businesses shutting down in 2024 after xiden’s four years

Store closures have surged 69% in 2024. Here are the retailers shuttering thousands of stores.

Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.

www.cbsnews.com

 

[Delldude]

Nope, just high fuel prices and shortages now, not two years ago.

Biden's fuel prices did the most damage then that affected their corporate operations and revenue.

 

[struth]

Biden's fuel prices did the most damage then that affected their corporate operations and revenue.

Moonglow seems to think Spirit is headed by Marty McFly and he went back to the future to declare bankruptcy in 2024

 

[Delldude]

Moonglow seems to think Spirit is headed by Marty McFly and he went back to the future to declare bankruptcy in 2024

If anything took them to the brink, it was Bidenflation. They operated under similar fuel prices we have now..........the problem is they never recovered from the last administration.

 

[Admiral Rockwell Tory]

Too many folks are flying when there are other less expensive types of transportation.

Such as?

 

[Blaster]

Such as?

Bus, train, automobile.

 

[Admiral Rockwell Tory]

Bus, train, automobile.

Buses? You want to take a full day to go a couple of hundred miles?

Trains? The closest train to me is in Cincinnati, OH and I am in west TN, and from there it doesn't go anywhere I need to go.

Automobiles work great for day trips but going anywhere further than 12 hours away it is better to fly. Older people can't ride that long. I drive 12 hours to my family in Florida. Any longer and I have to have a relief driver. Then you have to pay over a hundred or more for a cheap hotel room. That makes it cheaper to fly.

 

[Nostra]

Spirit would go broke if fuel was free.

Spirit lost $1.61 for every $1 it took in — and would still be losing money even if jet fuel was free

The embattled budget carrier ceased operations earlier this month after it failed to secure a $500 million bailout from the Trump administration.

nypost.com

 

[jknowgood]

 

[hadit]

Flying will revert to being a pleasure of the wealthy.

Airlines like Spirit forced major airlines to keep down their rates. Now it will become a monopoly

Why didn't you bail them out?