pipejockey
Well-known member
- Joined
- Nov 7, 2003
- Posts
- 1,041
$280 million will buy you airtran. You might get a couple of hundred million in cash with the deal. The convertable notes aren't due for years to come.
Any bidders?
For that price it would be worth it for DAL, AA and the like to just buy them and shut them down just to get rid of the LCC competition. With the air fares these days we really do not need LCC's anymore.