Originally Posted by
benzoate
Management is banking on the continued decline of ULCC’s as well. That little nugget of information, IMHO, will be the single biggest factor on whether the BOD sells the airline or not.
I think this is the right take. Nothing is going to happen until the fate of NK is resolved because there are too many unknowns. My contrary take to a merger is that if UA sees the value in B6 as JFK, then is the FAA/DOJ/DOT going to allow UAL to dominate NYC with EWR and JFK or will they require much divestiture so that it effectively neuters a deal.