Originally Posted by
loudclouds
I understand your disdain, but this guy was never hired to run an airline. He was hired to sell it. He would have successfully done this had the idiot shareholders not voted for B6 AGAINST his recommendation. Spirit was already losing money prior to him becoming CEO. They wanted to sell. TC did the only thing he knew how to do when the merger fell through, bankruptcy. Executives have specializations and his was never to be innovative. He was hired to do exactly what he did.
The JetBlue offer was the better offer and had the same chance of approval as the frontier deal no matter what Ted said to the shareholders. It was Teds ludicrous testimony at the trial that scuttled the entire thing. He lied under oath saying we had a viable strategy as a stand-alone company.