How long can Alaska survive?
So I've been reading about the air group, picking up pieces of information here and there and decided to ask what you guys think of it.
It seems to me Alaska has been losing space in the market. Slowly and steadily, it feels they're getting squeezed even at home.
Southwest is pushing hard for Hawaii and Delta takes a big chunk of Seattle, it feels they have nowhere to go.
On top of the lack of space to grow, in their SEC filings of February, if I'm not mistaken, they pretty much said they don't know what to do with most of the things they bought from virgin, as well as some of the personnel, which makes us wonder why they bought them in first place.
I wonder how AS will remain competitive with so little room to grow and with competitors like Delta and Southwest.
Would it be crazy to think AS will eventually be bought out?