Originally Posted by
FlyGuy2002
if they weren’t worth buying then why the offer for 3.1 and 1.8 x a billion respectively.
Both of those offers were before the P&W engine issues.
Originally Posted by
FlyGuy2002
If the price is right .. someone will get the entire operation , lock stock and barrel for a fraction of what 2 airlines were willing to pay not too long ago.
A "fraction of the price" plus $3B in debt? Who's going to do this? Not Frontier with an entire market cap of $1B. The last thing Frontier needs is to start having to service $3B in debt plus all the problem with P&W engines.
I get trying to promote an acquisition because it makes it easier to get on a different seniority list, but there are no airlines interested in Spirit anymore. Yes there was 3 1/2 years ago when Frontier made its offer and then 3 years ago when Jetblue made its offer, but a LOT has changed since then.