Originally Posted by
Bluedriver
Well, I certainly didn't say AA had a better balance sheet. Just said they have recovered better. They are profitable, we are not. Just saying nothing is as simple as one metric without context. United has an aggressive growth plan, but I also think they plan on taking that capacity/revenue from what they see are 1-2 failing ULCCs/LCCs.
Valid argument, but can we agree that if B6 didn’t spend $400M on failed merger attempt that was blocked by the DOJ, then B6 would have had a profitable year in 2023. I don’t disagree about UA going after ULCC/LCC capacity and revenue, I just disagree that B6 is in danger of falling. B6 has a healthy balance sheet and would be profitable without the merger expenses. B6 will likely be profitable in Q1/Q2 (again depends on that last Q1 Merger money required to pay NK shareholders, and potential $70M final payment, if required). I’m just not all that negative on B6, I think there’s upside..That’s all