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JetBlue Creates Severance Plan In Case Of Takeover  
User currently offlineNycfly75 From Italy, joined Aug 2005, 751 posts, RR: 10
Posted (7 years 3 weeks 3 days 12 hours ago) and read 11936 times:

http://www.newsday.com/business/loca...899077.story?coll=ny-top-headlines

Fair Use:

"JetBlue Airways Corp., the discount airline that has been struggling to return to profitability, has established a severance plan to protect executives and workers in the event a competitor attempts a hostile takeover, company officials confirmed Friday.

Forest Hills-based JetBlue said its plan, disclosed in a government filing late Thursday, was not made in response to any possible takeover attempts but is basically to make it more difficult for a competitor to buy the airline, one of the country's leading low-cost carriers."

113 replies: All unread, showing first 25:
 
User currently offlineRL757PVD From United States of America, joined Dec 1999, 4645 posts, RR: 11
Reply 1, posted (7 years 3 weeks 3 days 12 hours ago) and read 11885 times:

Things that make you go hhhmmmm..........


Experience is what you get when what you thought would work out didn't!
User currently offlineQuickmover From United States of America, joined Mar 2004, 2490 posts, RR: 0
Reply 2, posted (7 years 3 weeks 3 days 12 hours ago) and read 11802 times:

That's weird.

Is something afoot? I can't think of anyone who could aquire them that wouldn't have anticompetitve isssues with the govt.


User currently offlineFlyf15 From , joined Dec 1969, posts, RR:
Reply 3, posted (7 years 3 weeks 3 days 12 hours ago) and read 11714 times:

Quoting Nycfly75 (Thread starter):
has established a severance plan to protect executives

I think this is the key sentence here. Just another example of airline management wanting to get as much money out of the deal no matter what happens and how good or bad of a job they do.


User currently offlineUAL777UK From United Kingdom, joined Nov 2005, 3356 posts, RR: 1
Reply 4, posted (7 years 3 weeks 3 days 12 hours ago) and read 11698 times:

Quoting Flyf15 (Reply 3):
I think this is the key sentence here. Just another example of airline management wanting to get as much money out of the deal no matter what happens and how good or bad of a job they do.

 checkmark 


User currently offlineFLYGUY767 From , joined Dec 1969, posts, RR:
Reply 5, posted (7 years 3 weeks 3 days 12 hours ago) and read 11698 times:

Quoting Nycfly75 (Thread starter):
"JetBlue Airways Corp., the discount airline that has been struggling to return to profitability, has established a severance plan to protect executives and workers in the event a competitor attempts a hostile takeover, company officials confirmed Friday.

Maybe Delta Air Lines is indeed looking to takeover Jet Blue...

-JD


User currently offlineN328KF From United States of America, joined May 2004, 6483 posts, RR: 3
Reply 6, posted (7 years 3 weeks 3 days 12 hours ago) and read 11678 times:

Quoting Flyf15 (Reply 3):
I think this is the key sentence here. Just another example of airline management wanting to get as much money out of the deal no matter what happens and how good or bad of a job they do.

Yep. Poison pills do nothing to help shareholders. If someone wants to buy up enough shares to acquire the company and existing shareholders are willing to sell, then that in and of itself represents the will of the shareholders.



When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
User currently offlineRL757PVD From United States of America, joined Dec 1999, 4645 posts, RR: 11
Reply 7, posted (7 years 3 weeks 3 days 12 hours ago) and read 11621 times:

Doesnt sound like they'd put up much of a fight like YX is......


Experience is what you get when what you thought would work out didn't!
User currently offlineFlyboyaz From , joined Dec 1969, posts, RR:
Reply 8, posted (7 years 3 weeks 3 days 12 hours ago) and read 11579 times:

The downward spiral begins.....or speeds up I should say....

I personally think a merger between them and Frontier would be lucrative....it would give them a much better presence nationwide...and quite a good leisure international presence as well. It would help them compete against DL and UA better too.


User currently offlineJBLUA320 From United States of America, joined May 2002, 3179 posts, RR: 19
Reply 9, posted (7 years 3 weeks 3 days 11 hours ago) and read 11561 times:
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Quoting Flyboyaz (Reply 8):
The downward spiral begins.....or speeds up I should say....

While this IS a curious move, I don't think it necessary reflects anything going on internally. And it does say that the severance plan pays executives and workers, not just executives. I don't think jetBlue would be bought out by anyone... but a merger possibility would be less than surprising.


User currently offlineFlyboyaz From , joined Dec 1969, posts, RR:
Reply 10, posted (7 years 3 weeks 3 days 11 hours ago) and read 11527 times:

Quoting JBLUA320 (Reply 9):
I don't think jetBlue would be bought out by anyone... but a merger possibility would be less than surprising.

I agree yes....I know F9 isn't doing the best financially either....so a team-up with B6 might help both carriers. Fleets are common (for the most part) and neither have unionized workers if I remember correctly....it might work out well.


User currently offlineJBLUA320 From United States of America, joined May 2002, 3179 posts, RR: 19
Reply 11, posted (7 years 3 weeks 3 days 11 hours ago) and read 11495 times:
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Quoting Flyboyaz (Reply 10):
I agree yes....I know F9 isn't doing the best financially either....so a team-up with B6 might help both carriers. Fleets are common (for the most part) and neither have unionized workers if I remember correctly....it might work out well.

It's a great combination. jetBlue could use some A319s on the trans-cons, and F9 would benefit from the A320s (even though they did order them, right?). The onboard products are almost identical.

The real question is... which name gets kept! I'd hate to see the jetBlue name go, but I'd hate to see those animal tails disappear, too!

Oh, speculation... how I love thee.


User currently offlineFLYGUY767 From , joined Dec 1969, posts, RR:
Reply 12, posted (7 years 3 weeks 3 days 11 hours ago) and read 11487 times:

Quoting Flyboyaz (Reply 8):
I personally think a merger between them and Frontier would be lucrative....it would give them a much better presence nationwide...and quite a good leisure international presence as well. It would help them compete against DL and UA better too.

Frontier has a problem now it is called eggs all in one basket.. That basket has seen the entrance of Southwest Airlines, and a further expansion after the entrance of Southwest Airlines. Frontier Airlines are starting as has been discussed in another thread to look away from new aircraft and focus on what they have. If their is any growth in the Denver market it will be with equipment on hand or contracted to the regionals. Long-Term Frontier will have to open another hub or focus city that is not centered in a delay prone city(Winter Months). I feel that Frontier will add another city either on the West Coast or East Coast using assets on hand, thus relieving the pressure on the Denver operation. I may be way off here but I see a city like Sacramento or Fresno on the West Coast, and Louisville or Nashville on the East Coast both could afford Point to Point traffic that would not make the majority of F9 profits reliant on Denver. In addition a 2nd or 3rd Focus City could very well be an investment that would make the airline more valuable to a potential buyer in this time of corporate mergers, and airline consolidations.

Jet Blue has a problem now as well. They are being faced with an over-redundancy to low-yield markets, and not enough focus on high yield markets. Remember aircraft have been deferred, and their is the talk of even more Jet Blue aircraft being sold off as well. Jet Blue is now faced with a dilemma. Do they keep going forward as is, and hope it gets better. Or do they look at each route and determine long term profit viability. I do not think things are looking any better for Jet Blue now than they were in February. If talk is true I dont think we will be seeing Pittsburgh in the Jet Blue network for to much longer. I also feel we are going to see a move to enter into the LAX market if Jet Blue goes the routes of higher yielding traffic. There is also the chance that Jet blue may look at a Premium Cabin to increase revenue on existing service. Virgin America coming on the scene only puts more pressure on Jet Blue to get their deck of cards in order, and fast.

-JD


User currently offlineJacobin777 From United States of America, joined Sep 2004, 14968 posts, RR: 60
Reply 13, posted (7 years 3 weeks 3 days 11 hours ago) and read 11487 times:

Quoting Flyf15 (Reply 3):
Quoting Nycfly75 (Thread starter):
has established a severance plan to protect executives

I think this is the key sentence here. Just another example of airline management wanting to get as much money out of the deal no matter what happens and how good or bad of a job they do.

...and what about this?

"Other workers, the filing said, will be eligible for 26 weeks pay."

or this

"In its filing with the Securities and Exchange Commission, JetBlue said its plan "provides severance and welfare benefits to eligible employees who are involuntarily terminated from employment without cause or, in certain circumstances, when they resigned during the two-year period following a change in control.""



"Up the Irons!"
User currently offlineBobnwa From United States of America, joined Dec 2000, 6439 posts, RR: 9
Reply 14, posted (7 years 3 weeks 3 days 11 hours ago) and read 11449 times:

Quoting Flyf15 (Reply 3):
I think this is the key sentence here. Just another example of airline management wanting to get as much money out of the deal no matter what happens and how good or bad of a job they do.

Why did you only copy part of the quote and leave a very important part out?


User currently offlineUAL777UK From United Kingdom, joined Nov 2005, 3356 posts, RR: 1
Reply 15, posted (7 years 3 weeks 3 days 11 hours ago) and read 11433 times:

Quoting FLYGUY767 (Reply 5):
Maybe Delta Air Lines is indeed looking to takeover Jet Blue...

Do we really think any of the legacies really will go for a takeover, dont they need to stabilize their bottom line first?

IMHO theres no short term chance of anybody snapping them up.


User currently offlineFlyboyaz From , joined Dec 1969, posts, RR:
Reply 16, posted (7 years 3 weeks 3 days 11 hours ago) and read 11409 times:

Quoting UAL777UK (Reply 15):
Do we really think any of the legacies really will go for a takeover, dont they need to stabilize their bottom line first?

IMHO theres no short term chance of anybody snapping them up.

I think any legacy carrier would just ruin B6's whole business model...there would be no real benefit to it. They would be better off teaming up with another LCC like F9 or even NK.


User currently offlineFLYGUY767 From , joined Dec 1969, posts, RR:
Reply 17, posted (7 years 3 weeks 3 days 11 hours ago) and read 11390 times:

Quoting UAL777UK (Reply 15):
Do we really think any of the legacies really will go for a takeover, dont they need to stabilize their bottom line first?

United has been actively looking for a merger partner since before they exited Bankruptcy

Air Tran has tried repeatedly to takeover Midwest

Aloha is not in good shape

Hawaiian is moving along, all be it on the border line

Frontier is opting not to expand its mainline fleet

JetBlue has deferred several aircraft deliveries, also talk about selling some aircraft

The US industry is not any better now than it was a few years ago. We are now seeing LCC airlines, and smaller airlines struggle that grew during the time than the legacies were stuck after 9-11. It has been talked about before, and I do fully believe that a few of the airlines listed above are targets for takeovers or liquidation within the next few years.

Quoting UAL777UK (Reply 15):
IMHO theres no short term chance of anybody snapping them up.

There is a chance, it comes with a price..

-JD


User currently offlineThirteenRight From United States of America, joined Jun 2007, 340 posts, RR: 0
Reply 18, posted (7 years 3 weeks 3 days 11 hours ago) and read 11375 times:

Quoting FLYGUY767 (Reply 5):
Maybe Delta Air Lines is indeed looking to takeover Jet Blue...

-JD

I wonder if they'd keep the JetBlue name or rebrand a la Song. Delta Blue Air Lines, perhaps? *shudder*. Though I dont work for B6 anymore, I still dont want to see this happen.

Quoting JBLUA320 (Reply 11):
It's a great combination. jetBlue could use some A319s on the trans-cons, and F9 would benefit from the A320s (even though they did order them, right?). The onboard products are almost identical.

The real question is... which name gets kept! I'd hate to see the jetBlue name go, but I'd hate to see those animal tails disappear, too!

I would hope that a company would be formed to operate both brands. F9 and B6 are two very strong brands and eliminating one may not be the best idea. I think merging them behind the scenes would be best, but keep two seperate brands might be mutually beneficial.

Quoting FLYGUY767 (Reply 12):
Frontier has a problem now it is called eggs all in one basket..

Some would say the same thing about B6 at JFK.


User currently offlineFlydl2atl From United States of America, joined Aug 2005, 119 posts, RR: 0
Reply 19, posted (7 years 3 weeks 3 days 11 hours ago) and read 11356 times:

Quoting FLYGUY767 (Reply 12):
I may be way off here but I see a city like Sacramento or Fresno on the West Coast, and Louisville or Nashville on the East Coast both could afford Point to Point traffic that would not make the majority of F9 profits reliant on Denver

They're done with Fresno. They do have quite a few nonstops to Mexico. I think Frontier has said that they have no plans opening up another hub. They might add some p2p flights...but no hub.


User currently offlineFLYGUY767 From , joined Dec 1969, posts, RR:
Reply 20, posted (7 years 3 weeks 3 days 11 hours ago) and read 11338 times:

Quoting ThirteenRight (Reply 18):
Some would say the same thing about B6 at JFK

 checkmark   checkmark 

100% Agreed..

The two are going through some serious growing pains!

-JD


User currently offlineJBLUA320 From United States of America, joined May 2002, 3179 posts, RR: 19
Reply 21, posted (7 years 3 weeks 3 days 11 hours ago) and read 11258 times:
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Quoting ThirteenRight (Reply 18):
I would hope that a company would be formed to operate both brands. F9 and B6 are two very strong brands and eliminating one may not be the best idea. I think merging them behind the scenes would be best, but keep two seperate brands might be mutually beneficial.

Hmm.. BlueFrontier? jetFrontier? Frontblue Airways?

Okay, I'll shut up.


User currently offlineFlyf15 From , joined Dec 1969, posts, RR:
Reply 22, posted (7 years 3 weeks 3 days 10 hours ago) and read 11109 times:

Quoting Bobnwa (Reply 14):
Why did you only copy part of the quote and leave a very important part out?

I think the very important part is the management part. The article says managers will get up to 2 years pay and other bonuses while employees will get no more than one half year's pay. My bet is management couldn't make it entirely for themselves due to some legal reason so they had to give the employees something. So they gave the employees a little and gave themselves as much as possible.


User currently offlineBobnwa From United States of America, joined Dec 2000, 6439 posts, RR: 9
Reply 23, posted (7 years 3 weeks 3 days 10 hours ago) and read 11065 times:

Quoting Flyf15 (Reply 22):
I think the very important part is the management part. The article says managers will get up to 2 years pay and other bonuses while employees will get no more than one half year's pay. My bet is management couldn't make it entirely for themselves due to some legal reason so they had to give the employees something. So they gave the employees a little and gave themselves as much as possible.

You wouldn't have a hidden agenda here would you? You don't think it is less than totally honest to quote only part of a sentence to prove your point?


User currently offlineFlyf15 From , joined Dec 1969, posts, RR:
Reply 24, posted (7 years 3 weeks 3 days 9 hours ago) and read 11020 times:

Quoting Bobnwa (Reply 23):
You wouldn't have a hidden agenda here would you? You don't think it is less than totally honest to quote only part of a sentence to prove your point?

I wasn't trying to do anything dishonest. The entire quote was 3 posts above mine. I was trying to quote the part that I thought was the key reason for this....


25 Hiflyer : All the problems that the industry faced years ago with over capacity and unprofitable air fares are still here....the only difference is that legacie
26 Post contains links Acidradio : This in the corporate world is called a POISON PILL (see http://en.wikipedia.org/wiki/Poison_pill). When some kind of provision like this is added to
27 SeeTheWorld : If there were a JetBlue/Frontier merger, the name would definitely have to be Blue Frontier ... or Frontier Blue .. either are terrific names that hel
28 B6ramprat : This is exactly what was explained to us today. Being somewhat of an aviation nerd I new this but for most that I work with this is all new to them.
29 Socalfive : This is a very good move on B6 part. I think what could very well be a future scenario as the business climate gets increasingly more difficult is a l
30 787EWR : I agree with parts of your statement but I think everyone needs to understand that while some planes are flying at 75%- 80% capacity, all of the anal
31 Floridaflyboy : I believe that F9's pilots are union. If not a full union, some sort of representative body, but I think it is indeed a union. Very true. F9 has mass
32 Jetjack74 : I see a tri-merger, UA, US and B6 merging. Just thinking out loud, lol.
33 Post contains images ThirteenRight : Is it me, or does a B6/MY merger sound fun?
34 Incitatus : While I agree this is an example of a category of employees getting a good deal no matter what, why single out airlines? This is a common feature in
35 Lowecur : This is a reaction to overtures swirling around Wall St that DL is going to make a hostile bid for B6. Why?; Because it's cheaper in the long run than
36 PapaNovember : Like Hardee's and Carl's Jr. Same parent company (Carl's Jr.) with minor branding 'upgrades' for Hardee's. Well developed East Coast (Hardee's) brand
37 PieTpaFlSun : I see a union in JetBlue and Virgin America to form Virgin Blue. This will shake everyone and change the transcon market forever.
38 PieTpaFlSun : I see a union in JetBlue and Virgin America to form Virgin Blue. This will shake everyone and change the transcon market forever.
39 NASBWI : There already is a (very healthy) Virgin Blue, in Australia.
40 Jetmatt777 : Isn't there already a "Virgin Blue" out there?
41 Jetmatt777 : Beat me too it, by 4 minutes...
42 STT757 : Folks have mentioned this before, but keep in mind the new B6 Terminal will have 25 gates optimized to handle A320s and EMB-190s, if you operated 757
43 Bwohlgemuth : New logo for the B6 / F9 merger. Strangle all of the animals on the back of the planes.... "Frontier Blue, fly us, or the beaver gets it"
44 Post contains images LawnDart : Once upon a time, there was a low-cost carrier based (and hubbed) out of a New York metropolitan airport. Their business model, while fine on paper,
45 Ckfred : Delta buying Jet Blue would make sense, because B6's domestic routes could feed DL's international hub. The only labor problem would be putting B6's p
46 Post contains links and images DL Widget Head : I don't see how B6's new terminal would benefit DL that much in that it's only set up as narrow body gates (not that that can't be changed) but, a bi
47 BAW716 : Welcome to my respected users list... The problem JetBlue faces now is that of a carrier that has grown too quickly. They started out operating out o
48 Socalfive : Geography sure as hell had nothing to do with that particular failure.
49 LawnDart : Never said it did...but a not-the-healthiest low cost carrier buying another not-the-healthiest competitor doesn't seem like the most prudent thing t
50 FLYGUY767 : Not Again! United Airlines has never been committed to the New York market. It has had a chance to do that time and time again, and they were not int
51 DiscoverCSG : Do you have any basis for thinking that merging two borderline carriers would make money ("be lucrative")? See above. Taking two unprofitable carrier
52 Flyboyaz : Yes...HP/US....two weak carriers that now are financially stable and making money....albiet the operation sucks currently, but we are making money at
53 B6MoneyGuyJFK : I've only been in the airline industry a few years, but one of the first lessons that stuck was "never say never". (personally, I think that works out
54 Ouboy79 : Isn't that the point of most company acquisitions?
55 B6ramprat : Who the hell can afford to take us over? I leave u all with that.
56 Midway2airtran : Considering all the costs and efforts involved in marketing the highly touted and established JetBlue brand, I would seriously doubt any merger situat
57 JayDub : I said this this a while back...I'll say it again. My money is on an F9 / B6 merger. They just compliment each other perfectly (the first person to co
58 JayDub : More folks than you think...
59 B6ramprat : Such as?
60 Post contains images JetBlueAUS : When making such a statement, you should definitely back it.
61 B6ramprat : Well, its up to the Board of Directors to decide our fate and I can only hope that they have the employees and the company in there best interests. Wh
62 JayDub : Why is it that everyone idiot on A.net can make a statement like the one I made and never have to back anything up with facts? My point wasn't that t
63 Post contains images JetBlueAUS : Because usually they have no idea what they are talking about when they just go, "More than you think..." or something. Back it up - and prove that y
64 Steeler83 : I would think that PIT would be a good place for a second hub/focus city, but they have to fly there first, and I doubt it will happen with CAK being
65 Steeler83 : I am probably going to line myself up to be chewed up and spit out, but here I go... Ok... go ahead and hit me where it hurts, because engine commonal
66 DesertAir : I find it interesting that WN recently has evaluated its transcon service and is discontinuing much of it. This was well discussed in another tread. J
67 Post contains images JayDub : Just playing the "What If..." game. No real, academic thought was put into any of those proposals. Quite frankly, I have better things to do than pla
68 COERJ145 : They are currently contracting with Horizon Air using CRJ-700s, but they are being replaced by Embraer 170s from Republic Airlines.
69 Boeing743 : I am surprised that Jetblue are having problem now. I am sure the experience with past this winter storm that affected a lot of their frequently custo
70 Ouboy79 : Shouldn't Virgin America get rolling and establish their network before we call it a good hub (SFO)? There is no physical operation there yet, so it
71 STT757 : That's a good point about Parker and US Airways, combine B6's JFK and BOS operations with US Airways and that gives them an impressive network. I wou
72 Steeler83 : I don't think that Barger would want a thing to do with Parker and US Airways. I think DL still would want to go it alone, and they look like they're
73 Flighty : Why are you guys so convinced this is a poison pill? A severance policy is needed for any airline merger. JetBlue would not fire all its employees. Th
74 Flighty : B6 and US could maintain both JFK and PHL as hubs. PHL is a big city that warrants its own service -- in fact it may be a better hub location than JF
75 FLYGUY767 : The hubs are way to close to each other. JFK does not need any additional services to anywhere else in Europe. The only destinations of merit would b
76 Bobnwa : The president og Jet Blue said it was to protect jobs in case of a takeover, and to make it very expensive for the acquirer. That describes a poison
77 SeeTheWorld : There is a big difference here. WN offers its customers the ability to go transcon on dozens of connect routings across several focus cities, while J
78 DesertAir : Thanks SeeTheWorld for you comments. You brought up a point to make me ponder. For example, here in Tucson, JetBlue has one flight a day. Not much opt
79 Post contains images Allstarflyer : Just out of BK? Think they have their ducks in a row to take on another carrier? IMO, that would be a great merger, but, will it happen? Who knows, b
80 Flighty : Nah, they say that, but it is untrue. Any takeover will need a severance plan. This one is generous, but not overly rich. This is just about exactly
81 Aa757first : If they plan on firing people. If the acquiring airline is interested in gaining JFK presence, then it isn't that much of a problem. And if it turns
82 Post contains images HPAEAA : The industry is very unstable.. it might be tough for anyone to have anti-competative issues... perhaps US, AA, CO, DL might throw up some flags, but
83 FLYGUY767 : There ducks are more than in order, the goal is to be #1 in the NYC market within the next 2-3 years.. -JD
84 Whappeh : I like the US/B6 idea. Won't happen though. Side note: flying on jetBlue for the first time, ever, on Wednesday. Very excited.
85 Flighty : This would not increase takeover costs. It might add $50 million to a $3 billion dollar deal. It's really pocket change to today's bankers. They are h
86 STT757 : They are not going to surpass CO, unless they use that bogus idea that EWR is not part of the NY market. DL (including shuttle, Comair etc) is #4 in
87 Post contains images FLYGUY767 : Believe it or not, Delta Air Lines can grow in the New York market. As Continental is not the only airline in town! I think over the new few months a
88 HPAEAA : Granted I haven't flown EOS yet, however from what my peers tell me at work (EOS is our preffered airline to LON) that would sabotage DL's Business p
89 DL Widget Head : I'm sure your right about #1 CO and #2 AA but I would have thought DL would be #3 when considering the whole NYC market. Could you please provide a l
90 FLYGUY767 : The bigger picture as many would say is that Delta could operate a stepped up entity dedicated solely to the London market with the current product t
91 FLYGUY767 : The bigger picture as many would say is that Delta could operate a stepped up entity dedicated solely to the London market with the current product t
92 Post contains links STT757 : EWR, JFK, LGA combined (as per Port Authority of NY and NJ), Millions passengers per year. Continental Airlines; Domestic: 18,723,212 International: 6
93 FLYGUY767 : Thank You, your statistics are always of great help... In essence according to your data, thank you again, a combined Delta Air Lines and Jet Blue wo
94 STT757 : That's if CO did not add any more flights, or make a competitive move to protect their market position. Both would be unlikely in the scenario of a D
95 Bobnwa : Please explain what you mean by that.
96 Isitsafenow : My turn......The only carriers to benefit from absorbing BLUE is US,DL or CO. If you cannot beat your competition, buy em. I mentioned those carriers
97 Richierich : JetBlue have exactly 150 seats on their A320s (it was 162, then 156, finally reduced to its current number). I'm not convinced that DL, CO or US are
98 Bobnwa : I believe that DL has more cash on hand than CO, but it is investors who would support a takeover in any case.
99 Isitsafenow : Agreed..I am only saying IF BLUE is to be absorbed, the carriers to benefit by merging with them is CO, US or DL. It would benefit those carriers mor
100 Richierich : Hard to disagree with that.
101 STT757 : A carrier seeking a takeover would not spend all of their own money, they would go to a financial group such as Goldman Sachs, Morgan Stanley etc for
102 Post contains images Jacobin777 : ..no it isn't.... ..ever hear of the term "hostile takeover"? ..but it won't affect the final outcome.. Many corporations have these kinds of plans.
103 WesternA318 : Oh I can only pray.. Or what might happen would be what United did to the original Frontier. The whole plan at the time was for PeoplExpress (who own
104 FLYGUY767 : Delta and Continental both have the power.. -JD
105 Mrmoose : What about a large investment (but short of a full takeover ) from Westjet? The strong CDN would make it relatively cheap for m3 to buy into them. The
106 FLYGUY767 : I think something about Foreign Ownership would come into play.. -JD
107 Bobnwa : The KLM/NWA joint venture has been a success and a money maker from the day it started and is recognized as such by knoledgable airline managers. Whe
108 Mrmoose : thats why something short of a full takeover would make sense say 49% and a golden share deal. That remained true after the NWA bankrupcty? Meanwhile
109 FLYGUY767 : Canada is by no means the solution to the revenue problem for Jet Blue. There are only a handful of principal cities in Canada that would be viable f
110 Mrmoose : II would argue that with the importance of oil in the economy right now Calgary and Edmonton are business routes. I priced out a flight to Calgary in
111 Flyb : I fly WJ and AC and flying out east I rarely pay under 900usd for a flight out of YEG with advanced booking (coach).
112 Bobnwa : That isn't my quote. I commented on your statement about the KL/NW alliance.
113 D L X : I agree there -- a shareholder generally wants a buyout, because their shares will jump. But a poison pill can be good for the employees IF the manag
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