FlyerTalk Forums - View Single Post - JetBlue offering to buy Spirit for $3.6B in Cash
Old Apr 6, 2022, 9:01 pm
  #55  
AsiaTravel2019
 
Join Date: Dec 2018
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Originally Posted by Fanjet
Wouldn't it be less time-consuming for jetBlue just to set a pile of cash on fire instead? This seems more of an effort to tank the ability for F9 and NK to merge, or to at least burden them with higher acquisition costs. Even if one wants to use the "this gives B6 access to a bunch of Airbus aircraft" case, so what? They will have to spend hundreds of millions of dollars alone in upgrading NK's cabin interiors to B6's standards. And does B6 really want to be courting NK's customer base in the first place?

I am not completely up on Spirit's network. Are their gates, slots etc. really worth $3.6 billion? Surely there is enough excess aircraft in existence to lease more planes.
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