This is why I would bet we IPO this fall. our contract is coming due in 2017 with the potential to open it in 2016. Indigo is known for not being kind when it comes to labor negotiations. Investors are always hesitant during labor disputes. So this only leaves two choices, IPO early in order to not have labor negotiations and attract investors, or IPO when the contract comes due, which would mean that indigo would want to resolve the contract pronto in order to not have labor negotiations. Which would you opt for if you were Indigo?

I would also guess IPO now, when contract comes due, the stock may go down a bit opening the door for the merger with Spirit.