$Spirit Airlines (SAVE.US)$ Spirit Airlines begins firing hu...
$Spirit Airlines (SAVE.US)$ Spirit Airlines begins firing hundreds of employees into the thousands and selling jets that make them money on their earnings.
Investors: 😃
Good luck on the next earnings report. I'm sure losing your airplanes and workers means you're going to have increased ticket sales for flights, not. This is the equivalent to an individual person being in debt and now having to sell their car, motorcycle, boat, etc then saying it's a positive thing.
If they knew what they were doing they would've already done it, the CEO is a clown and upper management here is full of crooks and thieves. Sorry to all the employees who will be jobless and homeless now because this company has no clue what's going on, at least upper management can get a good bonus by liquidating it's people and assets to dupe investors this is a step in the right direction. 🤡
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RoNo : Actually they lose money on operations so reducing capacity is good. Did you read the 8k?
lSlippyl OP RoNo : so why are they operating an airline if they lose money operating it? oh wait they're going bankrupt so they're firing employees and selling their planes and assets. did you read the 8-k?
RoNo : I did, it could mean a forthcoming BK but it could just as well be an out of court restructuring ahead of a merger.
lSlippyl OP RoNo :
RoNo : Also this old news going back to Q2 but great to have another top notch prognosticator following it . So great