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teamgreen02

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Posts posted by teamgreen02

    Don, make it snow and I'll drive up there and walk you though it.

    If the wifi logo has a lock on it that means it's secured.  You will need to ask for a password.  Usually the small places will have it posted somewhere or they will give it to you if asked.  There isn't a way you will be able to connected to a secured network without a password.

    As @Deephaven mentioned, data is so low cost now that it doesn't save much money to not have cell data.  I rarely connect to public wifi anymore unless there is no signal, which is common in your area.

    Here is a good guide:  https://clark.com/cell-phones/best-cell-phone-plans-deals/#cheapest

    • Like 1

    Posted

    Spirit Airlines filed for bankruptcy today.  Regulators wouldn't allow the merger with Jet Blue to go through so now we have one major discounter in bankruptcy and the other serving a limited number of locations.

    If you have some time to kill at the airport, park yourself at the gate for the next Spirit flight out.  Before the doors close, there is almost always some great entertainment.

    https://finance.yahoo.com/news/spirit-airlines-files-bankruptcy-095721847.html

    Quote

    (Reuters) -Spirit Airlines (SAVE) has filed for bankruptcy protection, it said on Monday, after the pioneer of no-frills travel in the United States struggled with a long run of quarterly losses, failed merger attempts and looming debt maturities.

    The Florida-based airline said it had pre-arranged a deal with its bondholders to restructure its debts and raise money to help it operate during the bankruptcy process, which it expects to exit in the first quarter of 2025.

    The carrier said it expected to continue operating its business as normal through the proceedings and customers could book and fly without interruption.


    The Chapter 11 process will not impact wages or benefits of its employees, it said. Its vendors and aircraft lessors will also continue to be paid and will not be impaired, it added.

    The company said it expected to be delisted from the New York Stock Exchange in the near term, and its shares to be canceled and have no value as part of the restructuring.

    PROFIT STRUGGLE
    Spirit, known for its bright yellow livery, is the first major U.S. airline to file for Chapter 11 since 2011. It has been facing an uncertain future after the collapse of its $3.8 billion planned merger with JetBlue Airways in January.

    Meanwhile, intense competition among U.S. carriers for price-sensitive leisure travelers as well as an oversupply of airline seats in the domestic market hit its pricing power. Its average fare per passenger was down 19% year-on-year in the first half of this year from a year earlier.

    It is also among the airlines most heavily affected by issues with RTX's Pratt & Whitney Geared Turbofan engines, which have forced it to ground multiple aircraft and driven up costs.

    Spirit has not posted a full-year profit since 2019. It lost about $360 million in the first half of this year despite strong travel demand.

    Analysts say a merger with JetBlue would have thrown a lifeline to the company. However, a Boston judge blocked the deal on the grounds it would reduce competition, raising doubts about the company's ability to manage looming debt maturities.

    Spirit has been shrinking its operations as part of its efforts to cut costs and shore up its finances. It has furloughed hundreds of pilots and delayed aircraft deliveries. It is also selling its planes to boost liquidity.

    A 'COMPREHENSIVE' RESTRUCTURING
    It filed for Chapter 11 protection in New York. The airline said a "comprehensive balance sheet restructuring" was expected to reduce total debt, provide increased financial flexibility, position it for long-term success, and accelerate investments.

    As part of the restructuring agreement, the company has received commitments for a $350 million equity investment from existing bondholders. It plans to reduce its debt load by $795 million via debt/equity swap transaction.

    Existing bondholders will also provide $300 million in debtor-in-possession (DIP) financing, which, together with available cash, is expected to support the airline through the Chapter 11 process.

    Spirit's flight attendants union said the bankruptcy filing does not change pay, benefits or working conditions for its members. It told flight attendants to continue to work as planned.

    Spirit's shares, which have plunged more than 90% this year, were halted for trading on Monday.

    HUMBLE BEGINNINGS
    The company started out as a long-haul trucking company in 1964 before shifting to aviation around 1983. It offered leisure packages to popular destinations under the name Charter One Airlines and rebranded to Spirit in 1992.

    The discount carrier became popular with budget-conscious customers willing to forgo amenities like checked bags and seat assignments.

    Ultra-low-cost carriers, which excelled at keeping their expenses low and offering affordable, no-frills travel, have struggled since the pandemic as some travelers prefer to pay extra for a more comfortable journey as they pursue experiences.

    Spirit's troubles, along with those at some of rival budget carriers, have spurred talk of a flawed business model among some Wall Street analysts.

    (Reporting by Rajesh Kumar Singh in Chicago and Shivansh Tiwary in Bengaluru; Editing by Sriraj Kalluvila, Mark Potter and Nick Zieminski)

     

    11 hours ago, Zambroski said:

    "let them go"????   Get fucking rid of them.  Jesus fucking Christ with all this idiocy already.  

    Even in corporate America, the DEI programs are falling apart.  They were the it thing to do in 20 and 21 but now that companies are tightening their belts these departments are some of the first to go.  Or they get rolled into another department and they exist primarily on paper.

    25 minutes ago, ViperGTS/Z1 said:

    California I can understand....but what the hell is wrong with the Northeast?…...

    Although he did win many more counties that normally go blue. And came within about 5 points of taking NJ.....that in itself is quite an accomplishment. 

    Lots of big cities and the natural resources to attract the granola type.  Same issue MN has going.  

    I'll let you boys in on a little secret that's a guaranteed winner.  I've already made enough to buy 2 pints of Pelosi's ultra premium ice cream.

    image.thumb.png.e50951d9ab6bfafa02693f05f3b8b710.png

    Quote

     

    Unusual Whales Subversive Democratic ETF (Ticker: NANC) invests in equity securities purchased or sold by Democratic members of Congress and their spouses.

    Investments by members of Congress and their spouses must be disclosed pursuant to the Stop Trading on Congressional Knowledge Act (“STOCK Act”).

    STOCK Act filings are filed with either the Senate Office of Public Records or the Clerk of the House of Representatives and made available online pursuant to the Ethics in Government Act “EIGA”, as amended.

    The fund will not consider investments by any U.S. Congressperson who is not registered as a member of the Democratic Party, or their spouse.

     

     

    2 minutes ago, Zambroski said:

    The divide is here to stay and grow.  I don't see it changing.  And as usual, the majority of the blame falls at the feet of one party.  "Identity politics".

    You can thank Obama for that.

    How you doing this morning Z?  I figure we have another solid week of doing victory laps before the reality of the next 4 years settles in on them.  When do you think the TDS crowd comes back?  Before inauguration day or after?

    • Haha 1

    2 minutes ago, Cat45 said:

    I was having breakfast with my dem neighbors this morning and the wife was almost in tears saying she's terrified of what trump is going to do to the people of this country. Her husband said that we lost all of our freedom on election day and we'll never be able to live freely again under the trump executive orders. These people are both in their 70s but are acting like indoctrinated college kids

    Thinking the President has that much control over your life is delusional, regardless of who wins.  

    • Like 3

    1 minute ago, Bontz said:

    Watching Jennings as the political balance attempt on CNN, along with guests like Kevin O'Leary, make watching CNN tolerable ... if not entertaining :lol2:

    I really like both of them.  Jennings is on more and makes some really good points based on facts.  Then they jump back to the feelings and TDS portion of the panel.

    14 minutes ago, Zambroski said:

    I agree, the left lack any woman with the attributes it would take.  A lot of it because they don't know what a woman is.

    But, we don't see it like they do.  And for that, I'm forever grateful for my genetics and proper parents.

    Your just saying that as a straight white cis male.