Originally Posted by
itsmytime
so you’re saying United would keep their investment in xjet, but wind them down? Doesn’t make sense. What I’m saying is if United keeps their investment, xjet survives. Obviously if they sell them off, anything goes.
It's a sunk cost. I'm not saying they will or they won't, but far too many people use evidence of a past financial commitment (stake in airline, cabin refurbishment, etc) as a justification for why X will continue to be around.
That's not how business works. What's done is done. The only thing that matters now is what happens going forward.