Originally Posted by
FlyFlorida2025
Since you brought up NOLs, I want to point out that I believe the company is maximizing its losses to enhance the airline’s value. These NOLs are transferable to the acquiring airline.
Not true. IRS rules substantially limit NOL carryforwards in circumstances where there is a "change of ownership". This stops companies from buying other shell companies with high NOLs just to use the NOLs to avoid taxes.