$100K for having the easiest Airline CEO Job in the world?
Money for jam!
Not saying a CEO position is
in fact easy, but relatively speaking, Jetstar's would be a cinch.
Ready made AOC
Fleet of A/C
Workers willing to settle for less
New A/C bought with the help of big brother (no doubt cheaper than if they were a new start)
A fair amount of spares, infrastructure, agreements, etc would be a bit cheaper (than normal) thanks to big brother too.
Any time expansion is wanted, a tap on the big boss' shoulder, a route is passed over with a decent LF, and a blessing from the incumbent you are taking it from. That incumbent would possibly even be made to look bad elsewhere, to improve your own position!
Also, what price leverage?
Am I missing something?