I know that they have looked at Alaska over the last few years, there has been talk about it, but now that we are really getting the milk for free is there a reason to buy them?
I hope so. My fear is that WN will make a very strong offer for Alaska here in the near future knowing what the poison pill entails. Reason being that if we lost that lift via code share it would once again make a huge hole in our route network that we could not fill. That scares me. It is what scares me from a corporate perspective. We put our faith in a business deal with another public company that could be bought, and as a result undermine our business plan.
I guess we may need to get burned by this for the company to learn. Poison pills only go so far.