Originally Posted by E6BAV8R

But what does Spirit's board really gain by merging with Frontier? There are absolute similarities, but Spirit makes so much money, in places Frontier doesn't, what would be the incentive for them to merge over the long term? Or to sell to anyone? I think the only people gaining from that merger would be Frontier. But what would Spirit really gain over the long term? Over the last 1-2 years, Frontier just seems to be playing behind the Spirit playbook. Frontier has very efficient airplanes right now, but they don't have nearly as many NEOs coming in over the next 2 years, as compared to Spirit. Spirit brought back their 319s solely for growth and for slots and to take advantage of the pandemic.

I just don't think Spirit has any real incentive to merge with anyone at the moment. Nor should they, honestly. There is no doubt that Indigo would absolutey love a merge with Spirit, though.