Originally Posted by
PeakEGT
& in 5 years, if we are still in the unprofitable phase we are in, as a smaller airline, we will hear how AK and maybe others have made offers, but current management turned them down as a partnership was more viable to keep the brand that everyone loves.
Management has a fiduciary responsibility to the shareholders. They can’t just turn down offers without presenting them to the Board. The issue would be the actual offer. JB isn’t in a strong position to negotiate.