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Old 07-06-2025 | 08:52 PM
  #80  
Melikeairplanes
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Originally Posted by FriendlyPilot
Jetblue market cap is $1.6B. How much of that $1.6B represents the value of the JFK gates?
Exactly. I don’t know how BK courts work but I’m sure the investors would be able to sell off assets (gates and planes) and that’s it. Slots don’t mean anything unless they’re sold or used to make money. JetBlue doesn’t make money so the only REAL value is to someone else. That alone doesn’t keep a failing airline from surviving. It’s like if google stopped making money but had their patents still. Okay you have patents but your core business doesn’t make money. You can sell the patents and then after that you’re still left with nothing.
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