The P&W Engine problems, losing the merger ruling, pushing out A/C orders by 5 years, and now laying off 260 pilots.
Although being compensated by P&W as well as JB paying the "break up fee" will it be enough in order to stay around for Spirit, by pushing off the orders and laying off 260 Pilots? Maybe a new airline could come in and pick them up for around 1.8-2.0 billion. Could Frontier take another look??
Hate to see an airline go away completely, would rather see they merge with someone in hopes that they keep all the employees employed still. Time will tell...
finance.yahoo.com
Frontier seems to be doing very well since walking away from the Spirit merger, not sure if they would still want to entertain one now. Lots of new growth and expansion at Spirit that started the announcements back in Jan of this year. Another reminder a few days ago...
Although being compensated by P&W as well as JB paying the "break up fee" will it be enough in order to stay around for Spirit, by pushing off the orders and laying off 260 Pilots? Maybe a new airline could come in and pick them up for around 1.8-2.0 billion. Could Frontier take another look??
Hate to see an airline go away completely, would rather see they merge with someone in hopes that they keep all the employees employed still. Time will tell...
Spirit Airlines to defer Airbus deliveries, furlough 260 pilots to save cash
As a result of the deferrals, along with quality issues with engines made by supplier Pratt & Whitney, Spirit is furloughing pilots effective Sept. 1. A snag with Pratt & Whitney Geared Turbofan (GTF) engines has forced Spirit to ground some of its A320neo aircraft, pinching the company at a...
Frontier seems to be doing very well since walking away from the Spirit merger, not sure if they would still want to entertain one now. Lots of new growth and expansion at Spirit that started the announcements back in Jan of this year. Another reminder a few days ago...
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