When a merger looks good, you're in trouble! IPO cash out was always the end game. The boys have to pump it up and make it look like a cash cow for wall street to take notice. CASH OUT! If I were at F9 I'd be very concerned about the future. It looks like a shell game to me. "Look we have new airplanes coming!" Really??? "Look double the size in a year!" That only doubles your problems! F9 has a solid product just crap for an owner. Junior guys should bail out! If you look at size integration NK/F9. I'd say 3 to 1 ratio. NK is right at 2200 pilots and F9 1100? Don't see it. NK has the same product not the same marketing plan. NK is more like SWA, F9 is more Allegiant model. IMHO