Originally Posted by
Clear Right
Every Airline is at multi-year lows; B6 is getting hit harder than others due to the DOJ lawsuit, but even the wallstreet darling airlines are at 5 - 10 year lows . One analyst said yesterday, if the DOJ approves acquisition, the stock will "double". Now if the DOJ rules against the acquisition, then B6 will have some work to do, but the fundamentals and balance sheet are still fine. I wouldn't be too concerned yet, unless there's an unfavorable ruling coupled with a recession and high oil price's due to current geo-politics, but then all airlines will be in a bad place, not isolated to B6.
If this were true that would be one thing. DAL, UAL, and AA all saw double digit revenue and profit growth at the same time we (and spirit) saw top line near double digit revenue LOSS. That means not that our costs are too high, but that people a just choosing not to fly on us. All this going into what is certainly going to be an engineered recession is very not good.
We are the small challenger and we are losing customers and money, and we are now on the hook for this merger.
You should be concerned.