Originally Posted by
FriendlyPilot
JetBlue has $8.5B in debt, compared to only $2.5B debt in 2019. Add that to JetBlue's $1.67B market value plus premium probably around $2B purchase price an acquiring airline has to pay and that's a $10B+ pill to swallow. I think that's why United went with a partnership instead of purchase.
Can anyone figure out by reading the quarterly statements how much of the relatively recent 3.6 billion dollar loan JetBlue has eaten through? In an acquisition scenario, if JetBlue has 3 billion left of it could that debt be restructured to subtract that 3 billion from the 8.5 billion of debt hence on paper show 5.5 billion of debt?