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.

  • TheTechnician27@lemmy.world
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    2 days ago

    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.

    • Therms45@europe.pub
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      2 days ago

      As a person drawing in debt, I wish for the total collapse of the current economic system and its institutions, including banks and credit unions.

      As someone who was raised as poor and is now a poor adult, nothing would be better than temhe total collapse of the economy similar to 2008 but just on a even larger scale.