Ben Meiselas
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Appearances Over Time
Podcast Appearances
JetBlue and Frontier are facing the highest risk of bankruptcy.
Some of the top airline industry analysts think more Chapter 11s are coming by 2026, 2027.
They believe currently JetBlue has a greater than 75% chance of a bankruptcy happening.
Frontier, 45% to 50%.
Allegiant, 36.7%.
Far less American Airlines, 2.9% to 15% chance of bankruptcy happening.
Alaska, less than 3% of bankruptcy.
JetBlue's founder, Dave Nealman, says the cost of jet fuel could put the airline into bankruptcy this year, according to remarks he made to his current airline pilots on April 15th, which were leaked by aviation watchdog John NYC.
You know, JetBlue's in a really tough spot, said the CEO to his pilots.
they really are you know i think i told you last week but when jamie baker who's an analyst for jp morgan came out with his estimates for or for all airlines based on 450 fuel two bucks it showed jet blue jet blue losing 1.3 billion dollars this year that would probably put them you know into bankruptcy i would assume the cost of jet fuel last week was as high as 4.80 a gallon that
That's unsustainable for all aliens.
That's why I said I think this could be a sign of things to come.
James Cerwicki agrees.
If JetBlue's acquisition of Spirit had been approved, there's a good chance JetBlue would now be headed into bankruptcy.
as well now i'll remind you that donald trump has bankrupted entity after entity in his career you don't have to believe me why don't you believe donald trump's sec filings regarding his social media company truth social and this is in their disclosure section that they have to file on all of their 10k forms it's a requirement that you list your bankruptcies
if you are the head of a publicly traded company.
And here's what the disclosure says.
A number of companies that were associated with Donald J. Trump have filed for bankruptcy.
There can be no assurance that TMTG, that's Trump Media, will also not become bankrupt.
This is from Trump.