All good points, nuke. One thing that helps to compensate for them is that Denver is the #10 airport in the US now -- it's really been growing, which is why Southwest moved there. Could be enough room for both them and FRNT. But I'm really thinking that FRNT will be acquired if its price remains at this level or lower for a while. They've got a pretty new fleet, I think, and seem to have happy employees -- a very precious state of affairs for airlines. Those things and they're low price/book seem to make it an attractive target.
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