Originally Posted by
Noisecanceller
Honestly very little has changed other than the scope of the engine issues since the merger was announced. Spirit wasn’t viable back then as a stand alone but had a longer runway for borrowing. The engine issues and debt are squeezing spirit from both ends. Can’t make money and can’t get money. Everything JetBlue wanted with spirit hasn’t changed much
I think a big reason JetBlue wanted Spirit was purely to avoid a NK/F9 tie up. If they feel like NK/F9 is no longer viable based on arguments in this trial, they may be content to just walk away. The $400 or $470 million may be worth it to have avoided the super ULCC.