Originally Posted by
JonnyKnoxville
"As part of integrating Southern Air, management decided and committed to pursue a plan to sell Florida West. As a result, the financial results for Florida West are presented as a discontinued operation and the assets and liabilities of Florida West are classified as held for sale. We expect to sell the business in the second half of 2016. As of June 30, 2016, Florida West’s assets held for sale, which are included in Prepaid expenses and other current assets, were $4.5 million."
Wow. What a cheap price for Amazon to buy a turn-key airline, ready for expansion into the organic Prime Air.