Originally Posted by
9mikemike
Spirit/Frontier merger was a like-kind merger…Would not have concentrated a presence in a region..Likely would have past the test in this administration.
Spirit/Jetblue merger would not be a like-kind merger and creates a concentrated presence in the Northeast and Florida. Will not likely be approved by this administration.
Friends at Frontier and Spirit are disappointed by todays news. Friends at Spirit are horrified at the prospect of being churned into Jetblue morass.
sure they couldn’t do some wheeling and dealing and maybe 1/3 of spirit goes To frontier and the rest to JB to get this merger approved . So the “shareholders” can make their $.