Originally Posted by
Wasntme
Eeeeeasy there. Midwest Express I think had 25-30 airplanes and a few handfuls of cities served.
JB has very valuable assets in large metropolitan areas, government contracts and valuable loyalty program and brand. Everyone needs to back away from the ledge a bit.
^^^^This^^^^
Annual loss was $310m, Spirit acquisition costs to shareholders $400m, not too mention legal costs and the costs associated with planning for the integration. Very safe to say B6 would have had an annual profit without NK costs…it was a good effort, worthy of the original investment, now it’s time to move on. JetBlue has a good balance sheet, good product and great real estate. Well know the new vision in May, give it time.