The Turnaround Podcast with Fexingo: Distressed Businesses, Restructuring, and Recovery

Spirit Airlines emerged from Chapter 11 in April 2026, but its path to survival is far from smooth. Lucas and Luna break down the ultra-low-cost carrier's restructuring deal, the pilots' rejected contract, and the brutal math of high fuel costs in a discount model. They examine how Spirit's pre-bankruptcy expansion into higher-cost markets backfired and whether a leaner Spirit can compete against...

Episode 6 of The Turnaround Podcast explores how a regional coffee chain used Chapter 11 to restructure debt and refocus on core stores, emerging with a profitable growth plan. Lucas and Luna break down the specific financial moves—converting $120 million in debt to equity, closing 80 underperforming locations, and renegotiating supply contracts—that turned near-collapse into a viable business. Th...

Subway's 2024 bankruptcy filing shocked fast food. But the real story began years earlier with a franchise model that squeezed owners dry. Lucas and Luna trace how Subway went from 44,000 locations to court-ordered restructuring, and what its emergence tells us about franchise economics in 2026. They look at the debt-for-equity swap that handed control to lenders, why the $5 footlong became a liab...

On this episode of The Turnaround Podcast, Lucas and Luna dissect the final chapter of WeWork's restructuring saga. In May 2026, the co-working giant has emerged from Chapter 11 with a clean balance sheet and a radically different business model. Lucas walks through the numbers: how WeWork slashed its lease obligations by $12 billion, renegotiated over 300 locations, and pivoted from long-term sub...

On May 21, 2026, Spotify shares soared 15% after announcing an AI music deal with Universal Music Group. In this episode of The Turnaround Podcast, Lucas and Luna dig into the mechanics of the agreement, the royalty structure shift, and what it means for the broader music industry. They explore how Spotify is leveraging AI-generated tracks to improve margins without alienating major label partners...

Nvidia has largely conceded China's AI chip market to Huawei, according to a CNBC report on May 21, 2026. This episode examines how Huawei's chip strategy—built on the Ascend 910B and 910C processors—outmaneuvered Nvidia despite US export controls. Lucas and Luna discuss the implications for Nvidia's revenue, the broader semiconductor industry, and the future of AI in China. With the S&P 500 down...

In the debut episode of The Turnaround Podcast, Lucas and Luna examine Home Depot's surprising resilience as gas prices climb. With Q1 sales up 5% and the core customer still spending on home improvement, we dig into what this signals about consumer health and the broader economy. We also touch on how AI is reshaping blue-collar work and why the Russell 2000 is lagging. A grounded, numbers-first c...