Originally Posted by
Stratoliner
In hindsight a look at JetBlue and Spirit's business situation is not promising. JetBlue said last quarter they do not expect to be profitable this year, which would mean year 6 going into 7 of straight losses. How viable would this combined business have been, really? Beyond the elimination of competition, it's hard to see how these two failing businesses, combined, with all the money spent to reconfigured hundreds of Spirit planes and rebrand its assets, could have done much better. Maybe the demise of the Spirit business would have been slowed down, at best.
Yeah, not sure if they were ready to take on a merger financially. To me it felt like they were just trying to prevent GO from getting NK, just like they tried with VA. And with FOR going the Allegiant way and not hiring that doesn't sound to good either (and their management $✓¢#$ @$$).