727LOVER From United States of America, joined Oct 2001, 6744 posts, RR: 20 Posted (6 years 9 months 3 weeks 23 hours ago) and read 3206 times:
I was reading through Comair's 1996 annual report, and it stated that they and Sprit had agreed upon Comair aquiring Spirit and operating it as a 2nd entity. Skimming throught the 1997, I couldn't find why the deal fell through. Anybody know?
I feel woozy....what did you put in that Pudding Pop?
NWALAS From United States of America, joined Apr 2008, 94 posts, RR: 0
Reply 1, posted (6 years 9 months 3 weeks 15 hours ago) and read 2897 times:
Yes, apparently it was a done deal until Ned (HOLMFELD), Spirit's owner at the time found out that as soon as the deal was finalized that the SPIRIT name would disappear. So I think he squashed the deal. Turns out he was pretty smart! Way to go NED !!!!
"But She's Sleeping"..... "Ma'am, you cannot have your 3 month old child at the slot machine with you!"
Miller22 From United States of America, joined Nov 2000, 724 posts, RR: 4
Reply 2, posted (6 years 9 months 3 weeks 11 hours ago) and read 2827 times:
Comair was also in discussions to purchase several different airlines, including Midwest Express and TWA. Of course none of that ever happened, Delta forced Comair into a sale, and the great Comair of the 80's and 90's was gutted and is in the process of being dismantled.
WA707atMSP From United States of America, joined Oct 2006, 2287 posts, RR: 8
Reply 3, posted (6 years 9 months 3 weeks 8 hours ago) and read 2696 times:
At the time the ComAir / Spirit deal was announced, there were rumours that ComAir was only buying Spirit to keep ValuJet from ever being able to buy Spirit's DC-9s. After ValuJet was grounded in the summer of 1996, DL stopped worrying about keeping DC-9s out of a competitor's hands, and this lessened Comair / Delta's desire to buy Spirit.