Originally Posted by
Ted Striker
I wonder if a re-bid by jb would ever be in the cards. The court specifically cited spirit as a ulcc being a reason for denial. It seems spirit has “transformed” mostly on paper to more align with and become a LCC, paving the way for a merger. Especially with jb’s recent debt raise for 3billion. Now, jb comes in from a pre-bankruptcy play at say $22 p/s etc.
$22.00! thats some optimism. Perhaps before they sold all their assets... sure.