Originally Posted by
CincoDeMayo
Ted did I good job, I think, explaining the process and why he was “against the merger,” before being “for it,” without stating the obvious “I was getting paid more by Frontier at the time.”
The NEA helps his argument by saying “yes, I thought it was a hard battle for DOJ approval when there was still an NEA in play, that’s gone now”.
Ted’s a smooth talker, the summary didn’t seem like the DOJ really hit with the gotcha moment that ‘even Spirit was against the deal originally’ which they focused on in their complaint.
I think at this point it comes down to which side better lays out the financials and market impacts of the three possible scenarios: the airlines don’t merger, they merge and become a successful legacy competitor, or they merge and are ineffectual while leaving a gap in the ULCC market.