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> Spirit’s shareholders got hosed; value was transferred to its lenders. If you're gonna invest in an aircraft builder that sometimes forgets to put the bolts

> Spirit’s shareholders got hosed; value was transferred to its lenders. If you're gonna invest in an aircraft builder that sometimes forgets to put the bolts in, I think only losing 8% is a pretty good deal.

ahartmetz 2y ago
Yep. And the low price, low quality play in that area is and should stay risky.
sofixa 2y ago
To be fair to Spirit, the didn't forget to put the bolts in - that was the idiots at Boeing sidestepping procedures. Spirit are the idiots who can't drill holes properly.