Originally Posted by
NYGiantsFan
I believe Spirit is being setup 100% for a sale.. they know what they are doing.. I think the CEO has experience in this and the goal is setup Spirit for a buyout and walk away with millions$$ I think Frontier and Spirit Merger is right around the corner..
52 week low for the stock WAS $37.17 on 9/16/16. It went to $60 by end of 2016 but is now $35 and change.. with $1 billion more new planes on property than this time last year, and hundreds more typed pilots.. Sounds like a no-brainer to me.
If I were a legacy CEO, I would say "AA, you take Spirit. UAL, you buy Frontier." ULCC = done. And they each get hundreds of new planes with typed pilots to replace their aging fleets.. But what do I know.
This places would be just fine though with a standard contract. Just sad that FOs are missing about $40 for every credit hour.. And Captains nearly twice that.