Originally Posted by
Flyingphi
The board can change any and or all restrictions bestowed upon Icahn. He just needs to rally some board members to agree with whatever plan he has and call a vote. Happens all the time.
This is my concern. Let's not spike the ball just yet. There are a lot of ways around those restrictions. Period.
With that said, I'm encouraged about the current restrictions, and there are some scenarios where this could force JB to stop the shenanigans and run a quality airline. But most possibilities good and bad are still on the table, although I consider a full TWA 2.0 to be unlikely.
Let's hope for the best, but not spike the ball just yet.