Originally Posted by
SnowmanKiller
Care to share how Spirit will be bought for enough the pilots get a check?
As it is, Frontier is the only game in town, and apparently Spirit and Frontier are on the edge of not making a deal. An acquisition is clearly a financial strain on Frontier and it may not happen. Even if it does, Fearit will still have a failed business model and will burn cash even faster.
It would of course be best for everyone if a viable, capitalized airline acquired Spirit. But it's complete hopium that it will happen. I want to be wrong. FlyFlorida please tell me why you're so confident SW will swoop in?
FYI — the $280 million may not be a check; it could be stock, warrants, or some other form of compensation worth $280 million.