Originally Posted by rickair7777

TWA/AA was technically pre-recession, early 2021. Point being airline managers appear to prefer to see a positive rate on the economic VSI before they pull the M&A trigger.



I'm sure the current shareholders would prefer cash (who wouldn't) but yeah stock seems more likely... stock in an F9+NK entity might seem like a safer investment (or more valuable to unload immediately) than just plain NK stock.