1 min ago
Private Equity firms are NOW threatening a price war by pitting Spirit Airlines in a merger / acquisition of Frontier against United and Southwest's DEN hub.
The gamble private equity is likely to see if any of these carriers will jump on Frontier at a steeper bid to reduce the bloodshed WHICH is highly unlikely. The only other option for DEN would be if a SkyTeam or Star Alliance operator thought DEN might be an important area that should not be forfeit in its entirety to UA or WN.
The private equity firms bidding for Frontier already have substantial holdings in Spirit as it is.
Shameful part is these private equity firms goal is to harm Southwest, United, or Frontiers employees, if they cannot make more of a profit by getting some other firm to bite at the potential business.
Private equity individuals, I am not sure how they live with themeselves, knowing that there actions directly offer the capabiltiy of taking food out of young babies mouths of the employees that stand to suffer on any airline end through furloughs and downsizing.
All while they these capitalist destroyers of livelihoods are living their caviar dreams private jet lifestyles while thousands below them in the airlines suffer dislocations, bankrutpcies, suicides, hunger, pain, relocation, debt, and sadness.
Private equity types how do you sleep at night.