Originally Posted by
Aero1900
Stock valuation never makes much sense. Uber is worth a market cap of 65 Billion, and has zero assets except maybe a couple rented office buildings. GM, which has huge car factories all over the world is worth 50 Billion. I wouldn't over think it. Investors either like it or they don't. Amazon is worth more than almost all the brick and mortar retail stores put together.
If Frontier is worth 2 Billion to investors, then Indigo made a heck of a profit buying us for 150 million. Kind of makes a few tarmac delays seems inconsequential, doesn't it?
Back in December 2011 American Airlines was only worth $118 million. They could have been bought for change. Now they stand at roughly $26.5 billion.