Spirit is too understaffed in HQ to manage another carrier. Additionally, according to Spirit management, Spirit is being forced by their ownership (Indigo Partners/Oaktree Capital Management) to survive without any additional funding. Spirit has, again according to Spirit management, somewhere around 80 MillionUSD in the band which is earmarked for deposits on new A320's.
All of which tells me that Spirit is NOT buying AirJamaica. Indigo/Oaktree is attempting to buy AJ.
William Franke, the Chairman of Indigo and Tiger Airlines, ex CEO of AmericanWest, will be in charge of AirJ.
Make NO mistake, Mr. Franke is the man with the money and the iron fist.