Old 08-04-2008 | 02:41 PM
  #8  
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ToiletDuck
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Originally Posted by newarkblows
Risky investment. If i worked for Republic i would not want them investing the companies money like this. Southwest is out for blood and Frontier is not looking like a safe bet in the future. With Lynx doing the q400 flying and the 17 175's parked I really dont think giving them this loan to hopefully get 17 aircraft back is a wise move.
Good thing you don't work here then because you're completely missing the boat on why BB is doing this. BB isn't buying stock in the company. He's loaning them money. If they pay then great we'll see benefits out of it. If they can't pay then guess who gets first call on the assets at rock bottom prices? Last time this happened with US airways BB got 170s and their gates which he now leases back to them and makes a nice chunk of change off. He's stated several times he has interest in assets at other companies. We'll just have to see which way he decides to play it. Frontier is still a great company that has potential. SWA isn't bullet proof and is a little worried itself on where it's money is going to come from. There's a reason they don't go into ATL.
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