https://www.airfarewatchdog.com/blog/50112379/the-airlines-most-and-least-likely-to-survive-the-covid-19-crisis/

most likely to survive
Big 4
Spirit

fence:
Jet Blue
Alaska
Frontier

most likely to fail:
Allegiant
Hawaiian
Sun Country

thoughts on his pick in winners and losers?

Also, how would M/A work when companies don’t have money. Is it strictly by government intervention? Gates and airplanes will not be in short supply. How do companies merge with both properties having fly crews out on furlough.

I realize these are unprecedented times but looking to see how they worked post 9/11.