Warren Buffett’s 1992 ‘Kamikaze Pricing’ warning came true at 3 a.m. on May 2
When Spirit Airlines’ yellow Airbus fleet went dark at 3:00 a.m. Eastern on May 2, stranding passengers and dissolving 17,000 jobs, the immediate culprits were obvious. A doubled jet fuel bill traceable to the Iran conflict. A bankruptcy court that had run …