You are right, he shelled out the money for F9 just to down size it/shrink it and run it to the ground. I mean why else would he invest, right?
I am sure you are employee at F9 and know something rest of us don't...btw that was sarcasm.
I think he is trying to illustrate the difference between the success of Frontier as an airline versus the success of Frontier pilots. Franke couldn't care less about the latter. Don't believe that Franke will share any of the success with the pilots. You'll have to take it for yourselves. And if a merger with NK is what Franke chooses, then get ready.