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.
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.
Before you blame everything on one guy, let’s not forget the US government is 435 in Congress, 100 in Senate, and 4/10 think POTUS is doing a great job and 90 million don’t want to be in a democracy and do not participate.
It’s as if maybe the real problem is not one guy, it’s as if maybe the real problem is a country that only cares about a quick buck.
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.