Originally Posted by
tphuang
The assets imo are worth a lot more than vx assets at that merger.
It's also really hard to get near term aircraft deliveries and leases. It's really hard to staff operate those aircraft. There is no question there is a lot of real value here. Although, I haven't looked into how many of nk aircraft are owned vs leased.
Spirit only has 56 leased aircraft and aside from the A319s, their planes are all very new-around 73 less than 5 years old. This in an of itself is very valuable. Getting to 675 aircraft by 2026--with a majority being new and fuel efficient can not be underestimated. There is no way an airline the size of B6 could organically grow that fast.
This is about growing revenue not about keeping costs down to NK's level.