Spirit Airlines apologizes after shock shutdown: 'Thank you, and sorry to the American public'
www.nbcnews.com
The defunct airline blamed a fuel "megaspike" on its collapse at a bankruptcy hearing.

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.

  • trackball_fetish@lemmy.wtf
    8·
    4 days ago

    I think a massive resession would ultimately be good for the average person in the long run

    Future generations? Sure. Present day citizens? No. We just last year gained some progress from 2008.

    especially coupled with a minumum wage increase.

    If we’re ever able to see a wage increase (lol) I can tell you without a doubt it’s not during a recession or afterwards.

    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.

    I mean sure. But do know rich people will be fine. The rest of us will be homeless. You’d think that there would be a need to fill the void, but rich people do not care.