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  "docSlug": "5ebaed02e9f7ede20c1db26a05a5ec33",
  "documentTitle": "Spirit | Mergers and Acquisitions Presentation Deck | 43 slides",
  "authorId": "spirit",
  "authorName": "Spirit",
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  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2022-05-01 00:00:00",
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  "pageNumber": 24,
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  "slideType": "villain_critique",
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  "nDataPoints": 6,
  "notes": "Uses a combination of bar charts and testimonial quotes to build a case against the company's current management.",
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      "kind": "callout",
      "text": "JetBlue's financial and operational performance are in disarray, and its stock is down 31% (worst in airline industry) since its offer was made public, resulting in brokers calling into question their ability to run the company",
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      "text": "Q1 2022 Completion Factor",
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      "text": "Q1 2022 EBITDAR Margin",
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      "kind": "source-note",
      "text": "Source: Company filings, DOT, Earnings Transcripts, FactSet (Market data as of May 20, 2022).",
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      "kind": "title",
      "text": "Investors Want JetBlue to Get Its Own House in Order...",
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      "name": "Cost Of Inaction",
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      "objective": "What is the cost of not accepting the Frontier merger?",
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