Originally Posted by Grumble

Take Frontiers market cap, multiply it by 50, and you’d have about how much cash UAL and DAL are sitting on. If anyone thinks another ULCC is gonna swoop in and snag assets without triggering a bidding war from the big four, you’re out of your mind.

Originally Posted by Hedley

They don’t want any of the aircraft, but gate space and slots is a completely separate matter. I’d expect the legacies to easily outbid any ULCC should they become available.