Originally Posted by
Mugatu
Dont have to “own” anything to be of value. We have rights to airplanes which currently is very valuable. We generate cash flow which is valuable. In fact, we are currently valued at 1.66B per our market cap. So “owning” anything is meaningless.
depends on what the goal is. Indigo's goal is to generate cash flow, enough to cover expenses and a bit of extra to make them money. If SWA wants to buy something, this set up is of no value to them. It's all debt, no assets w/o the capability to quickly fold that cash flow into thier operations.