Originally Posted by
sqwkvfr
$78.54 M (cash on hand 2015 Q3) is peanuts compared to other airline's quarterly profits and 50-some MD-80s worth no more than a few million per aircraft does not make Allegiant valuable. Don't forget, G4 doesn't own the Airbuses.
Also, comparing stock prices to that of other airlines doesn't mean a thing. The market capitalization is what matters, and while G4's is equal to Spirit and larger than Hawaiian or VA, it is half that of JetBlue and not even close to anyone else's.
Here, take a look. Scroll down to the "related companies" section.
I restate my stance that a merger is very unlikely...Unless someone gobbles up G4 and closes it down in order to eliminate some competition....something that any legacy could easily do.
Yawn... I love when pilots play MBA. It's a safe bet that you have no idea what you're talking about.