Originally Posted by
PNWFlyer
Not going to happen this isn't 1991. Interest rates are so low the airline is more valuable as a whole and money is cheap to borrow.
Look at Frontier, they didn't liquidate. Last airline to do that was Island Air and they were no Spirit or Frontier.
That's what I said, unlikely in this era, even the smaller majors are almost too big to fail since the capacity loss would be disruptive. But never say never.