Sean Duffy: “Spirit was in dire straits long before the war with Iran.”

“I would just point this out. Once the merger was denied in 2024, Spirit filed for bankruptcy. Immediately after the denial, and then last August, Spirit again filed for bankruptcy. So Spirit was in dire straits long before the war with Iran. Multiple times they had filed for bankruptcy. Their model wasn't working. They couldn't get to fiscal health. So this was not the impetus. The war was not the impetus for Spirit.” (08:32–08:37)

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