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  "documentTitle": "Spirit | Mergers and Acquisitions Presentation Deck | 43 slides",
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  "presentationDate": "2022-05-01 00:00:00",
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  "notes": "The slide uses a 'before-after' style comparison of financial metrics to highlight value destruction.",
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      "kind": "callout",
      "text": "$1.5B of JetBlue Value Destruction Since Initial Offer for Spirit Made Public",
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      "text": "JetBlue Market Capitalization ($B)",
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      "text": "JetBlue has continued to pursue a strategy to disrupt to the Spirit / Frontier combination despite clear skepticism and concern from JetBlue shareholders",
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      "kind": "source-note",
      "text": "Source: Capital IQ. 1. JETS is the U.S. Global Jets ETF.",
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      "kind": "title",
      "text": "...And Clearly Don't See Value in a Deal",
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