Spirit goes back to bankruptcy

In this episode of The Air Show, Brett Snyder and Brian Sumers discuss Spirit Airlines' recent bankruptcy and its future prospects. They analyze Spirit's financial struggles, including its cash burn, attempts to raise capital, and the impact of a dispute with AirCap. The hosts examine Spirit's new go-forward plan, which includes redesigning the network, optimizing fleet size, and addressing the cost structure. They debate whether Spirit can shrink to profitability and explore potential merger opportunities with airlines like Frontier and United, while also considering the competitive responses from other airlines like JetBlue. The discussion also touches on Spirit's network, highlighting key markets like Fort Lauderdale, Detroit, Las Vegas, and Los Angeles, and the broader implications for the US airline industry. They also take a moment to discuss sponsorship opportunities for The Air Show podcast.