Spirit Airlines apologized to the American public during a last minute bankruptcy hearing Tuesday morning just days after its shock shutdown.
The budget-friendly airline shut down with immediate effect Saturday, impacting thousands of passengers who became stranded and nearly as many employees.
Marshall Huebner, an attorney for the former airline, took the stand in front of Judge Sean H. Lane in a White Plains, New York, courtroom to discuss the hardship it encountered that led to its shutdown, including a dramatic rise in fuel prices resulting from the U.S. and Israel’s war with Iran.
Clearly they should have rebranded themselves “Spirit AI” for an influx of investor cash.
That’s only for sneaker companies
Iran Spirit
They couldn’t due to the brand being held by Spirit Halloween.
SPIRaiT aiRLINERS
The canary in the coal mine.
Hot take, but I think a massive resession would ultimately be good for the average person in the long run—especially coupled with a minumum wage increase. I’m so tired of businesses and politicians bragging about job creation. Almost everyone I know works 50+ hours a week just to make it by. What we need isn’t more jobs, we need businesses to close down if the only way they can afford to stay open is starving their employees.
Wages go up when there’s worker scarcity, not when there’s worker surplus.
You think it will help? The first thing that’ll happen when a recession hits is people will be laid off en mass and there will be no jobs available to apply for. It will take months or years for things to get better, and if AI starts replacing people it will take even longer.
I think the “stable genius” has already caused a massive recession. We are just seeing the first signs of it but it’s not something to look forward to. It will cause widespread misery before anything improves.
2008 never actually ended that while thing just kept getting pushed back by all the bullshit that’s been happening and ever since shit has just gotten worse. Civid helped people with the free money but that only made things worse. The current ai bubble is what is holding whatever is left up. And this “war” is just compounding everything even more.
Maybe it’d be better for our great grandchildren (admittedly, a very worthy goal if we could be sure). I doubt it’s going to make things better for anyone alive on this planet right now.
Edit: when I say anyone, I of course mean you and I and our friends and families. There will be people getting rich but I don’t think they’re like us
“Hot take, but I hope to see the lives of millions of innocents ruined via means I can’t even spell because I lack the basic empathy to understand what true financial struggle is and would probably be basically fine. I am a very smart accelerationist.”
I think you missed the point. I think (as I stated) that companies shouldn’t exist that don’t pay a living wage. Millions of jobs going away is fine by me because I come from the real world where everybody is working 2-3 jobs to make ends meet. I can see why you believe that losing a job would be devastating, but most of us would be glad to be in your position where we depend on a single income to survive.
I come from the real world
Oh, you mean the one where the past two resessions [sic] worked out so great for everyone and didn’t just redistribute wealth even more heavily to the top? That real world? Wow, can I come over there sometime? That sounds incredible!
I remember when the minumum wage was increased under Obama, inflation stopped and actually reversed for awhile. I know you don’t have much to offer other than snark, but I think it’s worth saying for other people who read this that you’re heavily guessing what it’s like to live in poverty. I grew up in homeless shelters—when my family finally got into government housing I had to steal from grocery stores for my family to eat. If you think being jobless or homeless are the most terrifying things that could ever happen to someone you’ve had a very blessed life.
inflation stopped and actually reversed for awhile
Oh my god, yup, we’re definitely dealing with someone who doesn’t know how to spell “recession”. I wonder what people trapped in debt (you know, the poor) think of your stupid fucking braindead idea of deflation as apparently a good thing.
Who are you? Alan fucking Greenspan?
You could maybe say they gave up the ghost.
I’d accept an apology for being subjected to flying on one of their planes.
Goodbyes are free, but apologies cost $39 and are payable at the gate.
lol
i don’t think there are any airlines (other than southwest) that have managed to turn a profit without at least one bankruptcy
Do you believe in life after bankruptcy?
Any one else going to go as sexy bankrupt airline for Halloween?
I’m going as the ghost of airlines past.
Stupid sexy Concorde.
Damn it, I never got to fly on it! Then again, I haven’t been on an airplane since 1977 so….
What an odd thing to say.
Well I said it in an even matter!
So Long, and Thanks for All the Fish
whoops!
