Originally Posted by
Lincoln Osiris
And not exactly sure why they would go after JB with a market cap of 2 bill vs Spirits 274 million (over 7 times cheaper, not including the debt obviously). And Spirit at this point would be wayyy more likely to pass regualtory hurdles giving the looming ch11 and pilot furloughs via "failing firm defense".
Once America gets back on track after the election, it’s going to be a free-for-all. I believe legacies may have opportunities to grab up some airlines. Consolidation equates to stability and safety in this industry. Streamlining is key.