The languge used in this release is classic...lets break this down.
"We believe our bid proposal will allow Frontier to emerge from bankruptcy. Frontier would continue to operate independently and separately for a period of time with its Airbus aircraft and personnel."
Meaning WN will dump the Airbus fleet in time.
"Over time, Frontier Employees would be hired into Southwest as needed to support our fleet growth and expanded operations."
They won't be guaranteed a job and will have to apply just like the guy off the street, and if you’re not needed you’re going to lose your job.
"We believe the acquisition will boost low-fare competition across the country and certainly in the Denver market. And, again, we believes our bid will be seen as the strongest bid by all interested parties, including Frontier Employees, management, and its creditors."
Basic math tells us this...right now DEN has three major carriers that have a hub or focus on DEN, UAL, Frontier and Southwest...take away Frontier and replace it with an expanded Southwest seems to me we now only have two carriers with a large presence at DEN, not sure how anyone can call that more competition. Its less choice in the consumer market.
"A. As part of our overall due diligence, Southwest Airlines will study Lynx. Until a bid is finalized, it’s too early to say."
Much like the Airbuses Lynx will go away as well...along with service to cities that will never see the light of day from WN.
If anyone believes a word of what WN is saying there's a bridge I can sell you in Brooklyn.
WN had no intent of looking at Frontier until Republic decided to bid on them, they want Frontier gone plain and simple. A Frontier backed by Republic is a real threat to WN at Denver and much like WN's reasons for propping up ATA was so that AirTran didn't establish a foothold in MDW like they wanted to. Its business and it's perfectly legal but WN needs to drop the facade that they are somehow different then any other large corporation in the U.S.
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