Bearish on $JBLU: heavily indebted with ongoing losses — merger-rescue logic would likely fail under debt stress.
JBLU looks similarly exposed on the balance sheet—being heavily indebted and still losing money suggests it wouldn’t be a clean rescue partner if a Spirit merger had happened.
The discussion frames JetBlue as also carrying substantial leverage while operating at a loss. That makes the “combine to survive” idea for Spirit less plausible because the combined entity could simply inherit the same financial stressors.
Dia da publicação $4.73 · 05/14
"The Long Slow Death of Spirit Airlines"
