Sep. 4 at 12:53 PM
$SAVEQ Not so. Jet blue would’ve acquired their entire fleet and their locations in airports too. Look for synergies and make it cash flow positive.
Now Spirit trade at
$34M (Inconsequential) +
$2.2B (LTD per last 10-Q). So any suitor can now buy Spirit for much cheaper than
$JBLU ‘s
$3.8B offer.. Expect that to come from someone especially with an Administration who wouldn’t block an acquisition