The wildcard is Spirit. If JetBlue acquires them, our doors close with any potential JetBlue merger. If Frontier acquires them, the door is still open for JetBlue and Alaska. And JetBlue has been looking since 2016. The only others in the mix would be Southwest and maybe Hawaiiian. The big 3 buying AS is (most likely) a pipe dream.






Of course if I was AS management, I would wait until next years recession and downturn in the economy when hiring slows down (all carriers), attrition dwindles, then purchase Avelo for a couple million, and force the same JCBA arbitration process as they did for VX. Checkmate