A long, long time ago, someone—maybe it was Frank Lorenzo—observed that he was attracted to bid on another airline by simple arithmetic. It was faster and cheaper, he’d figured out, to buy another carrier than to try to acquire an equivalent number of aircraft. Airline share prices being what they are, that math hasn’t changed much in the last 30 years and amid all the discussions over whether Southwest Airlines can successfully meld the culture of AirTran Airways ...

Subscribe to Access this Entire Article

"Waypoints - A Clever Way to Get Aircraft" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.