I'm happy for the animals, but doesn't Republic now have the ability to sell any assets it wants to Southwest and just lay off the employees? Couldn't Republic sell the high-value assets for $300M or more and just shut down the airline, pocketing a quick profit of $100M or more? Or is there a legal impediment?
NSX is on to something, Republic has to be thinking exactly what is stated in the post. Remember that Republic got screwed by F9 when it took BK, they had a $150 mil claim in BK against F9 for breach of contract for regional air craft. What keeps Republic from gutting F9, goodwill towards the freaking animals? This saga isn't over, stay tuned...............