Originally Posted by
ToiletDuck
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.
Well considering that most if not all of Frontier's aircraft are leased, I'm failing to see how RAH would benefit from this transaction. The gates might be of some value as SWA is planning on doubling their presence here, but I have to agree with the previous poster...I don't see the long term value of the transaction, poor guys at F9 are as good as gone...all the best to them.