The specific facts that poster you quoted asserts are likely incorrect, but the overall thesis has merit. This place would have been liquidated a while ago if there was nothing in the works.

I doubt it's SWA, I doubt it's AS...and the AA posts were just laughable. But the previous history, bankruptcy declaration right after the Franke meeting at the start.. and then the recent $50M lifeline, sudden removal of Biffle and the fact all of this news only broke shortly after pilot concessions were voted in....something is up with Indigo and Frontier.

Will it result in a deal? Not sure. Is it an outcome worth staying for even if it does happen? Not in my personal opinion. But that's a calculation everyone has to make for themselves based on seniority vs starting over elsewhere.