Their stock price is falling. When the economy crumbles for the second down leg (which I think it will) RJET will be hard pressed to raise capital.

If they file BK, LUV may be able to get the FRNT assets they originally wanted cheaper than their last bid during the original FRNT BK.

It seems the fights between pilot groups (and others) is beginning at FRNT. Will be willing to bet many former FRNT pilots will be more amenable to joining LUV in the future if LUV picks up the right assets and they can maintain their lifestyle and geographic location.

Of course, LUV could always just buy the assets and then hire new people off the street and avoid any hard feelings if they hired former FRNT personnel.