Originally Posted by gloopy

HI makes a ton of sense. AL makes sense but would be a much larger SLI integration not to mention their insanely bloated stock price due in larg part to Delta gutting its own flying and hiring AS as their west coast regional. But if the price could be worked out, it would make sense as well. JB OTOH makes zero sense.

DL would get all that capacity, risk gutting the DL pilot group with anything close to a relative integration, then pull down a very large part of the capacity they just got with DL pilots taking the vast majority of the brunt of stagnation and/or furloughs and the company being forced to divest what they just overpaid to get.

To any extent DL gets involved with JB would far more likely be in a 2 or 3 way fragmentation because what DL wants and needs is only a small part of JB. Maybe the terminal and about a quarter of their capacity, if that.