God I hope not. Even so, it’d likely be for fleet diversification. So that’d mean a fence for at least a couple years. I’m guessing the Max will be airborne by summer and everything will be working toward status quo. No M&A until a recession hits and the price gets cheaper.

I can see NK and F9 merging: same product, fleet, contract.

Leaves Allegiant, Alaska, Hawaiian and JetBlue. I think AK is too expensive after the Virgin deal. Allegiant is too small to matter significantly. Hawaiian maybe if they were seriously wanting WB. B6 could be a good fit route wise but I think it might be like trying to mix oil and water....I wouldn’t turn down a STT overnight though.