Noisecanceller

Oh it’s managements fault we are where we are but it’ll be the governments fault if we ultimately all end up losing our jobs bc the merger would’ve prevented that

dera

If your management would have played the lawsuit differently, you'd be flying for JetSpirit Air Line right now.
Their hubris is what prevented the merger.

Hedley

Spirit obviously has some serious financial issues to deal with, but things aren't all that great at JB either. They haven't turned a profit in quite a while and seem to be scaling back in some markets. Would the merger have been a magic pill allowing the combined company to flourish or just a Hail Mary pass for saving jobs since without one Spirit could potentially be in real trouble?

SealingStemBolt

I think it's a fantasy to think the merger would have somehow fixed everything wrong with Spirit (and JetBlue). Considering the current state of affairs had the merger been approved, Spirit could just as easily sink JetBlue right along with them.

I'd even argue some of the truly dumb arguments JetBlue lawyers made (like posting a slide basically affirming they were planning to screw the public) were intentional to scuttle the whole thing. They knew the deal was bad and getting worse by the minute. The terms of the merger were pretty air tight and so getting the judge to throw it all out was likely the best option, penalties and all.

Obvioulsly there's no telling right now how this story will end. I just think simply assuming everything would be hunky-dory had only the goverment not blocked the merger is an easy cop out to distract from Spirit's very real issues.

Swakid8

This is my conspiracy belief on what went down. JetBlue was looking for an off-ramp from the merger and tanking the merger in court was that off ramp. Hence the half-assed effort to push to appeal it and argue for it with concessions…..

I also believe that this was a cockblock move against Frontier from acquiring JetBlue. JetBlue couldn’t afford to allow Frontier to take on Spirit and compete against a Frontier/Spirit combined ULCC and AA, DL, UA, WN, AS. at the same time with Breeze and Avelo trying to come up from underneath…,

Noisecanceller

jetblue turned a profit Q2. The combined company had assets. Also would’ve been too big to fail and even if the govt wouldn’t have stood them up in hard times many banks would have or even a ch11 wouldn’t have ended in liquidation

Hedley

.

One quarter here and there doesn't define a successful operation. You have to look at annual returns. I also don't believe that any company is too big to fail. Regardless of the size of the company, consistently putting up negative year end numbers will result in failure.

LongHornFlyer

USPS?

filler

Excargodog

AMTRAK? ....

rickair7777

Gov subsidized airline?

Obama planes?