Originally Posted by
MtnPeakCruiser
Indigo is making big money right now but they have to be getting impatient to start cashing out with an IPO, the additional release of shares, then throwing up the "for sale" sign for the final pay out. Franke isn't getting any younger, time is precious.
Agreed. And the price of fuel is due to take a jump after the election in November (as it very often does), and it's over due anyway. Even though I think the ULCCs can thrive in a high fuel cost market, I believe the negative effect it will have in the majority of U.S. Airlines will cast a large shadow - big enough sway investor confidence in our ULCCs. IMO, the timing for an IPO is as good as it can get for the near future.