Originally Posted by
Left Handed
There are tax advantages to owning depreciating assets. There are ways to make it look like we make more money than we do this way. Maybe they have run out of the low hanging fruit in terms of cutting costs and are now doing what they can to pump up stock price. This is the opposite of what I would expect for a merger. I would think they would try to depress stock, unless we were going to be the purchaser, not the purchasee. Or not. I still think a merger is in our future. And certainly no one in lower mgmt would know if and when that would happen. The higher ups have a fiduciary duty to not tell anyone the details of something like that.
Did you see the article in the last ALPA magazine? Spirit is not the most profitable U.S. airline. Alaska is...