Originally Posted by
GPullR
so you think the merger of 2 airlines on the verge of bankruptcy and unable to make a profit for many years can come together to make a profitable airline?? Do you have any idea how much mergers cost??? This is the the ́ most repeated senseless argument. Blame management and their plans not a blocked merger that would do nothing but make the iceberg bigger.
I didn’t make that argument. Not sure where you got that from. The fact is, the Biden administration successfully sued to block a merger on the basis that Spirit Airlines is too important for competition and the low cost consumer to go away. If they were right, then the government needs to make sure they don’t go away. If they were wrong, then they didn’t get a fair shake and the government needs to make it right. And who knows? Maybe the merged companies would have been in a better position to compete, but the government doesn’t get to pick the winners and the losers. Had they merged and failed, we wouldn’t be in this predicament…the free market would have decided. Or maybe we would be deciding this on a spike in oil prices alone…but we’re not, because that’s not what happened.