Originally Posted by
InsideAnalyst
It is my (formerly) professional opinion that unless we are acquired or find a cash-rich merger partner, we will be on the street by Christmas. None of our bond-holders are going to risk throwing more money at us in this climate - they will sell us or liquidate.
Thanks for the great analysis. Very succint and accurate.
I have a question about the above part from your post.
If Spirit is losing $90M per month as the OP (Halon) suggests, do you believe that anyone would want to acquire NK in its entirety and have to foot that ongoing loss, or greater losses? Do you believe that there are "synergies" that are significant enough to override such a monthly loss? To put this in perspecetive, Frontier hasn't made over $90M in an entire year since 2019, which was 6 years ago.
What advantage would it give to any other airline to acquire NK in its entirety with what's going on in the economy?
Do you believe the new owners think NK is worth more as a whole or sum of its parts?