kellwolf
Piece of Trash
As someone said there is plenty more than meets the eye. I have a funny feeling that Delta aka "TPG" has a hand in this. BB and Co. wouldn't be throwing all this money into an operation that is about to go bankrupt. As much as we like to think that we know all that is aviation, I am pretty sure the people investing millions into these companies are more "in the know" than we are. It may seem like Midwest is on its deathbed but as soon as Delta announces a big code share agreement things change. It also could just be these guys taking huge risks and it may be over in 6 months I just have a hard time believing that.
I don't like the fact that BB goes out and essentially buys his way into airline service contracts, but you can't argue with success. It's also no secret that he wants Republic to be a stand-alone airline. IMO, this is what he sees as the gateway for that. Which is easier? Starting your own airline from scratch or buying into one that already has an established route structure, customer base and reservation system?