Originally Posted by
N1678Z
Remember, the ValuJet guys paid for their types too. Of course we ATers have a high opinion of SW and their position in the airline world. However we weren't sitting in leaky boat waiting to be rescued. We have been fighting for close to two decades to make a good company with considerable adversity. By almost every metric we were succeeding.
Honest question then: What was the metric that made the AT board of directors decide to cash out as opposed to continuing independent operations?
I do not argue that the AT employees have built a company of value. Don't get me wrong.
But the irrefutable fact is that this isn't a hostile takeover. The AT board of directors sold the company. Why?