Originally Posted by
svergin
JetBlue's market cap is $7.5B plus they have $5B in debt. So buying them at market value would cost about $12.5B.
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Not sure about the 5B debt figure you cite for JB. I believe it's significantly less.
JB actually has paid off quite a significant portion of debt and has a quite favorable Debt to Earnings ratio. (In the .3 range).
United's is around 1, AA's around 2.3, SWA .01, DAL .4
Alaska's jumped from 0 to .7 with the purchase of VA this year. They had a ton of cash to burn clearly.
So no...JB really isn't carrying a high debt load.