Originally Posted by
lgaflyer
Can you give me a past example of when Company A bought Company B and then "ran it into the ground and sold off the pieces"?
This happens all the time. It’s Bain Capital’s business plan. Buy with debt loaded on the victim company. Complain that costs are now too high and cut costs. Sell off the pieces for a profit.
I don’t think airlines are in this business, however. And I’m not sure you can cost cut at a ULCC.