The concept is explained much better in the link, but TLDR: People are trying to organize and crowdfund the purchase of spirit airlines assets with the goal of running it as a worker owned business similar to winco or rei. Seems at least tangentially relevant to this community
I’m sure it would be ran like any other non-profit. Day to day handled by execs, bylaws/policy set by the voting share holders (however that is decided), then likely quarterly reviews/votes.
Basically like a buisness that doesn’t need to make money