While I’m not interested in going through another merger anytime soon, a WN/AS merger on paper makes a whole lot of sense. The combined Airline would have scale and dominance along the West Coast, Hawaii and Alaska to be a formidable competitor to the Big 3 and set the combined Airline up for larger equipment to build a long haul Transpacific operation out of SEA. Given the combined fleet would most likely be all Boeing again by the time the two Airlines are combined, the integration and cost synergies should be realized in less than half the time it took WN to integrate FL. That alone makes the merger even more compelling from WN’s perspective. Time will tell, but it wouldn’t shock me if this happens in the next 12-24 months.