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F9 Eyes June Sale  
User currently offlinePHXFlyer16 From United States of America, joined Feb 2013, 48 posts, RR: 0
Posted (1 year 4 months 1 day 18 hours ago) and read 7882 times:

I know we've see F9 speculation for the last few years, but now it appears two firms are close to buying the airline from Republic. One firm out of Phoenix, and one out of New York.

http://www.bizjournals.com/phoenix/m...ier-airlines-may-have-phoenix.html

Any insight as to what a new firm may do with Frontier? Would they consider moving hubs? Personally, I don't think that they will last long-term in DEN with UA and SW. I think they need a new strategy.

Would the strategy be point-to-point or hub and spoke? Does anyone see the potential niche long-term for this airline?

39 replies: All unread, showing first 25:
 
User currently onlinerj777 From United States of America, joined Dec 2000, 1813 posts, RR: 2
Reply 1, posted (1 year 4 months 1 day 18 hours ago) and read 7879 times:

That article doesn't say the word June anywhere!

User currently offlinebobloblaw From United States of America, joined Jan 2012, 1714 posts, RR: 1
Reply 2, posted (1 year 4 months 1 day 17 hours ago) and read 7769 times:
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While they have problems in DEN, I dont think any other strategy is viable. F9 only has bad and worse choices.

User currently offlinebobloblaw From United States of America, joined Jan 2012, 1714 posts, RR: 1
Reply 3, posted (1 year 4 months 1 day 17 hours ago) and read 7752 times:
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With any reserch you can find out that Indigo Partners owns Spirit Airlines.

User currently offlinesimairlinenet From United States of America, joined Oct 2005, 912 posts, RR: 2
Reply 4, posted (1 year 4 months 1 day 17 hours ago) and read 7751 times:

Here's a better link mentioning June, from the original poster's link: http://www.reuters.com/article/2013/...lic-frontier-idUSL2N0DH1U120130430

User currently offlineUnited727 From United States of America, joined Nov 2010, 399 posts, RR: 1
Reply 5, posted (1 year 4 months 1 day 17 hours ago) and read 7752 times:

Are either Carl Icahn or Frank Lorenzo too old to handle Frontiers issues?  stirthepot 

[Edited 2013-05-01 09:03:56]


Looking for the impossible way to save those dying breeds!!!!
User currently offlineOzarkD9S From United States of America, joined Oct 2001, 5073 posts, RR: 21
Reply 6, posted (1 year 4 months 1 day 17 hours ago) and read 7728 times:

Quoting United727 (Reply 5):


Are either Carl Icahn or Frank Lorenzo too old to handle Frontiers issues?

I hope that's some sort of sick joke.



Next Up: STL-LGA-RIC-ATL-STL
User currently offlinedsuairptman From United States of America, joined Jul 2003, 899 posts, RR: 0
Reply 7, posted (1 year 4 months 1 day 17 hours ago) and read 7707 times:

Quoting United727 (Reply 5):

Lorenzo is on the blacklist for owning or operating a US airline. Ichan has enough bad history to be overlooked.



GEAUX SAINTS!
User currently offlinePHX787 From Japan, joined Mar 2012, 7474 posts, RR: 18
Reply 8, posted (1 year 4 months 1 day 17 hours ago) and read 7663 times:

I think F9 should experiment a bit and try to stray away from traditional "LCC" formatting. If something isn't working why continue doing it?


次は、渋谷、渋谷。出口は、右側です。電車とホームの間は広く開いておりますので、足元に注意下さい。
User currently offlinedsuairptman From United States of America, joined Jul 2003, 899 posts, RR: 0
Reply 9, posted (1 year 4 months 1 day 17 hours ago) and read 7652 times:

Of course Indigo's head guy is tight with JO. He held or still holds Mesa's seat on the Spirit Board.


GEAUX SAINTS!
User currently offlineflyby519 From United States of America, joined Jul 2007, 1138 posts, RR: 0
Reply 10, posted (1 year 4 months 1 day 17 hours ago) and read 7547 times:

Quoting bobloblaw (Reply 3):
With any reserch you can find out that Indigo Partners owns Spirit Airlines.

Does Indigo still have an ownership in NK? I thought they sold off their stake to Oaktree

http://finance.yahoo.com/q/mh?s=SAVE+Major+Holders



These postings or comments are not a company-sponsored source of communication.
User currently offlinePHXFlyer16 From United States of America, joined Feb 2013, 48 posts, RR: 0
Reply 11, posted (1 year 4 months 1 day 17 hours ago) and read 7508 times:

Quoting simairlinenet (Reply 4):
Here's a better link mentioning June, from the original poster's link: http://www.reuters.com/article/2013/...30430

Thanks, sorry I put the link to a site that linked out to the Reuters article.


User currently offlinePHXFlyer16 From United States of America, joined Feb 2013, 48 posts, RR: 0
Reply 12, posted (1 year 4 months 1 day 17 hours ago) and read 7461 times:

In my mind, to be successful F9 needs to operate an Allegiant type operation that focuses on smaller markets from non-traditional legacy hubs. Only problem of course is that Allegiant already does that. If they could find different markets and bring their costs down maybe it works. Either way, I think they have to operate a few non-traditional hubs or shrink to become very focused at doing one or two things very well.

User currently offlineouboy79 From United States of America, joined Nov 2001, 4589 posts, RR: 23
Reply 13, posted (1 year 4 months 1 day 16 hours ago) and read 7259 times:

Quoting PHXFlyer16 (Reply 12):

In my mind, to be successful F9 needs to operate an Allegiant type operation that focuses on smaller markets from non-traditional legacy hubs. Only problem of course is that Allegiant already does that. If they could find different markets and bring their costs down maybe it works. Either way, I think they have to operate a few non-traditional hubs or shrink to become very focused at doing one or two things very well.

Well if you consider that traditional airlines have largely abandon a lot of the secondary markets in the country, and G4 can only do so much, that should lead to plenty of opportunities. Wilmington and Trenton seem to highlight that. I think a lot of that expansion though is going to need to be the Central and Eastern US. Out west you have too much competition with AS and WN. Central you mainly just have WN. East you have B6 covering a lot of the Northeast, but not much else. NK is really sporadic. G4 does cover a lot of Great Lakes and Midwest, but that's mainly just to Florida and Vegas. Still plenty of opportunities out there if they grow a pair and go to compete.

However, I continue to hear how fearful they are at times with new routes to not upset the 800lbs gorillas. At some point they need to realize that if you want to survive, you have to go out and not feat competition. All traits that post-dereg airlines, that are successful, have exhibited. I would hazard to lump WN in there as well, even though they were around before hand.


User currently offlinemariner From New Zealand, joined Nov 2001, 25159 posts, RR: 85
Reply 14, posted (1 year 4 months 1 day 8 hours ago) and read 6726 times:
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Quoting ouboy79 (Reply 13):
However, I continue to hear how fearful they are at times with new routes to not upset the 800lbs gorillas.

You've said this before, but given that they're starting DEN-CVG and have just started TTN-DTW and TTN-ATL I don't see how that applies to Delta.

And given that all the routes (except MDW) out of ILG mimic US out of close-by PHL I'm not sure how it applies there. Or DEN-FAT and DEN-EUG and United. Or - United again - DEN-CVG.

mariner

[Edited 2013-05-01 18:26:02]


aeternum nauta
User currently offlinefreakyrat From United States of America, joined Aug 2008, 853 posts, RR: 1
Reply 15, posted (1 year 4 months 1 day 5 hours ago) and read 5726 times:
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DEN-SBN that Frontier flies used to be an old United route after de-regulation. Their is no competition on the route and it is slowly developing for F9. With the present United pilot agreement, the only United Express airline that could compete on this route is Skywest or Expressjet. The other Republic owned carrier Shuttle America cannot operate E170 flights in competition. However once Frontier is sold they can do it.

User currently offlineWesternA318 From United States of America, joined Oct 2004, 5658 posts, RR: 24
Reply 16, posted (1 year 4 months 20 hours ago) and read 4303 times:

Quoting United727 (Reply 5):
Are either Carl Icahn or Frank Lorenzo too old to handle Frontiers issues?
Quoting dsuairptman (Reply 7):
Lorenzo is on the blacklist for owning or operating a US airline. Ichan has enough bad history to be overlooked.

Lorenzo's Savoy Capital has invested in quite a few travel companies in the recent past, my Travel Agency among them. he might not be directly involved in the day to day management, but he sure isnt long gone from the industry.

With my feelings about F9, either one of these guys would do wonders at F9. As far as Icahn having a bad history to be overlooked, if he ponies up enough cash to best all other offers, theres no reason for him NOT to end up with F9. He who has the most money, wins. Especially on Wall Street.



Next blog will be up on 8/30/14 around 6PM Mountain Time...check it out at fl310travel.blogspot.com!
User currently offlinemariner From New Zealand, joined Nov 2001, 25159 posts, RR: 85
Reply 17, posted (1 year 4 months 14 hours ago) and read 3618 times:
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Quoting WesternA318 (Reply 16):
With my feelings about F9, either one of these guys would do wonders at F9. As far as Icahn having a bad history to be overlooked, if he ponies up enough cash to best all other offers, theres no reason for him NOT to end up with F9. He who has the most money, wins. Especially on Wall Street.

I think anyone who is expecting a "sale" in the traditional sense, may be disappointed.

Assuming they stick to their union agreements, two of the new owners are already known - the pilots and the f/a's - for tiny percentages.

Here's the pilots:

http://www.sec.gov/Archives/edgar/da.../000114420411039330/v227949_8k.htm

And assuming they stick to the original plan, laid out in the FAPA agreement, Republic will still own a bunch of the airline - just not the majority.

But this could all change, of course.

mariner

[Edited 2013-05-02 12:03:46]


aeternum nauta
User currently offlineWesternA318 From United States of America, joined Oct 2004, 5658 posts, RR: 24
Reply 18, posted (1 year 4 months 13 hours ago) and read 3525 times:

Quoting mariner (Reply 17):
I think anyone who is expecting a "sale" in the traditional sense, may be disappointed.
Quoting mariner (Reply 17):
Assuming they stick to their union agreements, two of the new owners are already known - the pilots and the f/a's - for tiny percentages.

I agree on this...this wont be a traditional purchase by any means...but I can see the operations blending in with Spirit's easily. The combined system would be something to see for sure.



Next blog will be up on 8/30/14 around 6PM Mountain Time...check it out at fl310travel.blogspot.com!
User currently offlineslcdeltarumd11 From United States of America, joined Jan 2004, 3444 posts, RR: 0
Reply 19, posted (1 year 4 months 12 hours ago) and read 3448 times:

With all the consolidation someone might want Frontier for the fleet more than anything right now, they have a fuel efficient fleet. I would think there is a very high chance someone would buy the airline and it could have very little resemblance to the airline today. Basically an allegiant style all point to point flying airline with no hubs a ton of TTN type cities or just use those aircraft to expand Spirit quickly into more cities. I could see DEN hub dissapear as a real possibility if sold. Frontiers best asset in a sales is its fleet I would think to get a huge airbus fleet quickly. Republic clearly would love to have the sale done yesterday and to part ways as quickly as possible so i bet they expect to sell it for a bargain price to have the Frontier nightmere end for them.

User currently offlinemariner From New Zealand, joined Nov 2001, 25159 posts, RR: 85
Reply 20, posted (1 year 4 months 12 hours ago) and read 3435 times:
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Quoting slcdeltarumd11 (Reply 19):
Republic clearly would love to have the sale done yesterday and to part ways as quickly as possible so i bet they expect to sell it for a bargain price to have the Frontier nightmere end for them.

Why would they like to have it done yesterday? Under the FAPA agreement, Republic has until the end of 2014 to take a minority interest.

BB has always said that the separation will be in the best financial interests of the RJET shareholders, and has publicly discussed ways that they might achieve this - which include an IPO of Frontier and/or a stake involving present RJET shareholders - as well as a private investor.

As I said, those expecting a traditional sale may be disappointed - and anyone who bought shares in RJET in January has doubled their money.

mariner

[Edited 2013-05-02 14:07:22]


aeternum nauta
User currently offlineWesternA318 From United States of America, joined Oct 2004, 5658 posts, RR: 24
Reply 21, posted (1 year 4 months 12 hours ago) and read 3408 times:

Quoting slcdeltarumd11 (Reply 19):
With all the consolidation someone might want Frontier for the fleet more than anything right now, they have a fuel efficient fleet. I would think there is a very high chance someone would buy the airline and it could have very little resemblance to the airline today. Basically an allegiant style all point to point flying airline with no hubs a ton of TTN type cities or just use those aircraft to expand Spirit quickly into more cities. I could see DEN hub dissapear as a real possibility if sold. Frontiers best asset in a sales is its fleet I would think to get a huge airbus fleet quickly. Republic clearly would love to have the sale done yesterday and to part ways as quickly as possible so i bet they expect to sell it for a bargain price to have the Frontier nightmere end for them.

They dont even own any of the fleet anymore, do they? It's been a while since Ive looked at the nitty gritty of F9's bottom line, but I think if not all, than at least 80-90% of the fleet is leased. The new owner might have to renegotiate those leases.



Next blog will be up on 8/30/14 around 6PM Mountain Time...check it out at fl310travel.blogspot.com!
User currently offlinemariner From New Zealand, joined Nov 2001, 25159 posts, RR: 85
Reply 22, posted (1 year 4 months 12 hours ago) and read 3402 times:
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Quoting WesternA318 (Reply 21):
They dont even own any of the fleet anymore, do they? It's been a while since Ive looked at the nitty gritty of F9's bottom line, but I think if not all, than at least 80-90% of the fleet is leased. The new owner might have to renegotiate those leases.

They just signed leases for four additional aircraft (1 x A319, 3 x A320) - and not to forget that they have 80 x A320Neo on order.

mariner



aeternum nauta
User currently offlineslcdeltarumd11 From United States of America, joined Jan 2004, 3444 posts, RR: 0
Reply 23, posted (1 year 4 months 11 hours ago) and read 3358 times:

Quoting mariner (Reply 22):
not to forget that they have 80 x A320Neo on order.


  

Quoting mariner (Reply 20):
and anyone who bought shares in RJET in January has doubled their money.

That is such a short amount of time.

Look lets be realistic here of course Republic never wishes they bought midwest/frontier it was a mistake and has not worked out at all like they wanted. Of course the CEO has to remain optomistic and say all these great things he isnt going to say it was a mistake until its sold or spun off. If there was an undo button on buying midwest/frontier they would have hit it, no question. They are just trying to get the best deal and say the best things for Republics shareholders.


User currently offlinemariner From New Zealand, joined Nov 2001, 25159 posts, RR: 85
Reply 24, posted (1 year 4 months 11 hours ago) and read 3325 times:
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Quoting slcdeltarumd11 (Reply 23):
Look lets be realistic here of course Republic never wishes they bought midwest/frontier it was a mistake and has not worked out at all like they wanted.

Midwest? I might agree.

But as I posted here on the morning that Republic announced their bid for Frontier what they are doing now is what they always intended to do - eventually.

There was always going to be a separation - an IPO of Frontier? - because that is how Republic will make a big bunch of money.

The only question was when they would do it and how much (what percentage) of Frontier they would retain. It is playing out exactly as I always believed it would.

mariner

[Edited 2013-05-02 15:13:13]


aeternum nauta
User currently offlinePlanesNTrains From United States of America, joined Feb 2005, 5504 posts, RR: 29
Reply 25, posted (1 year 4 months 11 hours ago) and read 3379 times:

Quoting WesternA318 (Reply 18):
I agree on this...this wont be a traditional purchase by any means...but I can see the operations blending in with Spirit's easily. The combined system would be something to see for sure.

Perhaps, but I doubt it. Spirit has plenty of lift on order and doesn't really "need" to grow any faster. Additionally, much of the DEN flying would be drawn down, which would necessitate Spirit finding new places to fly. That would seem to kill profitability in the near/mid-term for them. Would shareholders want to go through that financial chaos when they can just stick with what's working? I doubt it.

Quoting slcdeltarumd11 (Reply 19):
With all the consolidation someone might want Frontier for the fleet more than anything right now, they have a fuel efficient fleet. I would think there is a very high chance someone would buy the airline and it could have very little resemblance to the airline today

The NEO slots/prices? Probably. The current fleet? I doubt it. Except for:

Quoting slcdeltarumd11 (Reply 19):
Basically an allegiant style all point to point flying airline with no hubs a ton of TTN type cities or just use those aircraft to expand Spirit quickly into more cities.

I continue to imagine an Allegiant/Frontier tie-up, though others have pointed out the reasons that it probably wouldn't happen or work. Nonetheless, MD80's out and A32X's in - not a bad deal IMHO. The main hold-ups would, again, be the shareholder revolt when profits inevitably disappear for a spell, the need to draw down DEN to a large degree, and the connections vs P2P model differences.

Quoting slcdeltarumd11 (Reply 19):
I could see DEN hub dissapear as a real possibility if sold.

At that point, I would question why bother buying in then? They could probably achieve on their own what drawing down DEN and opening small bases dotted around the country would acheive by buying into Frontier - but without the cost, headaches, etc. For a carrier like Spirit, I think they'd much rather see Frontier six feet under than coddled along on their dime.

Quoting slcdeltarumd11 (Reply 19):
Frontiers best asset in a sales is its fleet I would think to get a huge airbus fleet quickly

Again, IMHO, the NEO's would seem to be the ultimate prize, but the current fleet could be readily duplicated in 12-18 months if someone really wanted it.

Quoting slcdeltarumd11 (Reply 19):
Republic clearly would love to have the sale done yesterday and to part ways as quickly as possible so i bet they expect to sell it for a bargain price to have the Frontier nightmere end for them.

I'm sure that this has been 5 years that Bedford would in many ways love to forget. But it is what it is, and he doesn't seem like the type to admit defeat, so I don't think he's ready to just "let go" and lick his wounds. It'd be much more likely that he is able to close on a deal that allows him to save some face and continue to make a few bucks of residual off of Frontier until such time as the structure of the agreement no longer suits him. That'll likely be when full divestment recoups his investment. I'm guessing years.

-Dave



Next Trip: SEA-ABQ-SEA on Alaska
User currently offlineWesternA318 From United States of America, joined Oct 2004, 5658 posts, RR: 24
Reply 26, posted (1 year 3 months 4 weeks 1 day 20 hours ago) and read 3099 times:

Quoting PlanesNTrains (Reply 25):
Perhaps, but I doubt it. Spirit has plenty of lift on order and doesn't really "need" to grow any faster.

I never said they needed to grow any faster, I was just going off who's looking at Frontier in terms of an asset purchase/merger/buyout, etc. etc.



Next blog will be up on 8/30/14 around 6PM Mountain Time...check it out at fl310travel.blogspot.com!
User currently offlinetoltommy From United States of America, joined Dec 2003, 3289 posts, RR: 4
Reply 27, posted (1 year 3 months 4 weeks 1 day 16 hours ago) and read 2992 times:

Quoting WesternA318 (Reply 18):
I can see the operations blending in with Spirit's easily. The combined system would be something to see for sure.

Might be something to see combined on a map, but not on a P/L. Spirit has identified markets they want to enter because they can be profitable with their new model.

However, I find it very interesting that Frontier is taking steps to unbundle everything if they are that close to a sale. You know the new owner will come in and kick the tires in the near term. Why make major changes to the way you do business when you may well change it yet again in months?


User currently offlinePlanesNTrains From United States of America, joined Feb 2005, 5504 posts, RR: 29
Reply 28, posted (1 year 3 months 4 weeks 1 day 16 hours ago) and read 2975 times:

Quoting WesternA318 (Reply 26):
Quoting PlanesNTrains (Reply 25):Perhaps, but I doubt it. Spirit has plenty of lift on order and doesn't really "need" to grow any faster.
I never said they needed to grow any faster, I was just going off who's looking at Frontier in terms of an asset purchase/merger/buyout, etc. etc.

The "need" part was just my thoughts on why Spirit might or might not pursue Frontier. I didn't mean to imply that you said that they did.

-Dave



Next Trip: SEA-ABQ-SEA on Alaska
User currently offlineWesternA318 From United States of America, joined Oct 2004, 5658 posts, RR: 24
Reply 29, posted (1 year 3 months 4 weeks 1 day 15 hours ago) and read 2917 times:

Quoting toltommy (Reply 27):
Might be something to see combined on a map, but not on a P/L. Spirit has identified markets they want to enter because they can be profitable with their new model.

That all I was referring to...

Quoting toltommy (Reply 27):
However, I find it very interesting that Frontier is taking steps to unbundle everything if they are that close to a sale. You know the new owner will come in and kick the tires in the near term. Why make major changes to the way you do business when you may well change it yet again in months?

Because up until the point of actual purchase agreement...they are still seperate entitiesn in competition with each other.



Next blog will be up on 8/30/14 around 6PM Mountain Time...check it out at fl310travel.blogspot.com!
User currently offlineenilria From Canada, joined Feb 2008, 7138 posts, RR: 13
Reply 30, posted (1 year 3 months 4 weeks 1 day 15 hours ago) and read 2894 times:

Quoting PHXFlyer16 (Thread starter):
Any insight as to what a new firm may do with Frontier? Would they consider moving hubs?

I think they are either planning to adopt the NK model (not just fees, but also network which means no more Denver concentration) or simply liquidate the company for the assets.

IMHO, for the sale to take this long they are waiting on something that is a random variable. These buyers know the company's profitability prospects already. They aren't going to keep waiting for another quarter to see if performance improves and base a decision on one good quarter. Maybe there is some labor thing that is key or perhaps the buyers aren't really interested and BB is saying , "wait till we fully adopt the NK fee structure and take another look".


User currently offlinemariner From New Zealand, joined Nov 2001, 25159 posts, RR: 85
Reply 31, posted (1 year 3 months 4 weeks 1 day 14 hours ago) and read 2815 times:
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Quoting enilria (Reply 30):
IMHO, for the sale to take this long they are waiting on something that is a random variable.

Why rush?

As before, based on the FAPA agreement, they have until the end of 2014 to achieve this. They didn't engage Barclays until the end of last year.

And at the end of the day, they don't actually need an outside investor. One of the options has always been to spin off the company to RJET shareholders, who, right now, are fairly happy campers.

mariner



aeternum nauta
User currently offlineWesternA318 From United States of America, joined Oct 2004, 5658 posts, RR: 24
Reply 32, posted (1 year 3 months 4 weeks 1 day 13 hours ago) and read 2687 times:

Quoting mariner (Reply 31):
One of the options has always been to spin off the company to RJET shareholders, who, right now, are fairly happy campers

Fairlyhappy, however there are more and more dissidents as time goes on.



Next blog will be up on 8/30/14 around 6PM Mountain Time...check it out at fl310travel.blogspot.com!
User currently offlineXEspecialist From United States of America, joined Feb 2013, 33 posts, RR: 0
Reply 33, posted (1 year 3 months 4 weeks 1 day 13 hours ago) and read 2688 times:

Quoting mariner (Reply 31):
Why rush?

As before, based on the FAPA agreement, they have until the end of 2014 to achieve this. They didn't engage Barclays until the end of last year.

And at the end of the day, they don't actually need an outside investor. One of the options has always been to spin off the company to RJET shareholders, who, right now, are fairly happy campers.

Why rush indeed? I feel that the experimentation with regards to "un-bundling" is indicative that the Republic brass are taking their time to optimize their ROI.

Copycatting other operations don't necessarily yield effective results. If this were true, the likes of CAL Lite, Metrojet, Delta Express, Song, Ted, or Shuttle by United would all still be plying the skies in direct competition to Southwest and the like. Trying a fresh approach does indeed carry greater risk, however can often yield better overall results. Is the Tu204 or Tu152 an effective equivalent to the 757 or 727? jetBlue has stepped away from the "Southwest model" with great success few can argue with.

Frontier has always been a slightly quirky airline, but that's what their loyal employees and passengers enjoy.



Ready. Set. Jet. XEspecialist
User currently offlinemariner From New Zealand, joined Nov 2001, 25159 posts, RR: 85
Reply 34, posted (1 year 3 months 4 weeks 1 day 13 hours ago) and read 2672 times:
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Quoting WesternA318 (Reply 32):
Fairlyhappy, however there are more and more dissidents as time goes on.

I'm not seeing any on Wall Street.

The stock is trading at near three year highs, not just for the year, and on good volume. It dropped a wee bit (less than 5%) after the cc - profit taking - but was up 8% the day after, yesterday, and is holding again today.

I think it is over-valued, but, as a small shareholder, I'll take the good times. As noted, anyone who bought shares in early January has doubled their money, so - other than your oft-posted grudge with Frontier - how are you tracking these dissidents?

Quoting XEspecialist (Reply 33):
Frontier has always been a slightly quirky airline, but that's what their loyal employees and passengers enjoy.

  

mariner

[Edited 2013-05-03 13:19:02]


aeternum nauta
User currently offlineWesternA318 From United States of America, joined Oct 2004, 5658 posts, RR: 24
Reply 35, posted (1 year 3 months 4 weeks 1 day 13 hours ago) and read 2637 times:

Quoting mariner (Reply 34):
I'm not seeing any on Wall Street.

The stock is trading at near highs, not just for the year, and on good volume. It dropped a wee bit (less than 5%) after the cc - profit taking - but was up 8% the day after, yesterday, and is holding again today.

I think it is over-valued, but, as a small shareholder, I'll take the good times. As noted, anyone who bought shares in early January has doubled their money, so - other than your oft-posted grudge with Frontier - how are you tracking these dissidents?

Im not tracking it, it just rumours and hearsay going on around my Wall St. friends and from other small investors in Republic that Im somewhat close to. They dont mind Republic's performace as of late, but they consider F9 a cancer within, which is far better than what I consider them.



Next blog will be up on 8/30/14 around 6PM Mountain Time...check it out at fl310travel.blogspot.com!
User currently offlinemariner From New Zealand, joined Nov 2001, 25159 posts, RR: 85
Reply 36, posted (1 year 3 months 4 weeks 1 day 12 hours ago) and read 2594 times:
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Quoting WesternA318 (Reply 35):
Im not tracking it, it just rumours and hearsay going on around my Wall St. friends and from other small investors in Republic that Im somewhat close to. They dont mind Republic's performace as of late, but they consider F9 a cancer within, which is far better than what I consider them.

Maybe talk to a few more people then, because this present run from around $5.50 began on January 2nd with an upward revision of Frontier's earnings. Most of the analyst opinions are positive (buy or market outperform) and RJET has already exceeded several of the price targets that analysts had set.

I suppose it is understandable that a.netters think it is a game of airlines. In fact, it is a game of money. Most practical investors are not swayed by subjective value judgements of the product and phrases like "a cancer on the industry" are hardlly objective valuations. Why should an investor/trader care as long as there is money to be made.

Many might regard Spirit as "a cancer on the industry", yet its profit margins are among the highest in the business.

mariner



aeternum nauta
User currently offlineWesternA318 From United States of America, joined Oct 2004, 5658 posts, RR: 24
Reply 37, posted (1 year 3 months 4 weeks 1 day 12 hours ago) and read 2542 times:

Quoting mariner (Reply 36):
Maybe talk to a few more people then, because this present run from around $5.50 began on January 2nd with an upward revision of Frontier's earnings. Most of the analyst opinions are positive (buy or market outperform) and RJET has already exceeded several of the price targets that analysts had set.

Like I stated earlier, I wasnt bashing Republic as a whole, their performance has been pretty good, and Im slightly impressed with RJET as a whole.

Quoting mariner (Reply 36):
I suppose it is understandable that a.netters think it is a game of airlines. In fact, it is a game of money. Most practical investors are not swayed by subjective value judgements of the product and phrases like "a cancer on the industry" are hardlly objective valuations. Why should an investor/trader care as long as there is money to be made

I never said a cancer within the industry, just various opinions as a cancer within RJET itself, thats all.



Next blog will be up on 8/30/14 around 6PM Mountain Time...check it out at fl310travel.blogspot.com!
User currently offlinemariner From New Zealand, joined Nov 2001, 25159 posts, RR: 85
Reply 38, posted (1 year 3 months 4 weeks 1 day 11 hours ago) and read 2523 times:
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Quoting WesternA318 (Reply 37):
I never said a cancer within the industry, just various opinions as a cancer within RJET itself, thats all.

Well, again, since this run began with an upward revision of Frontier's - not RJET's - earnings, I'm struggling as to how your Wall Street pals regard Frontier as a cancer.

As I said, I was wondering if there was something more to it than your often posted grudge against Frontier, but as it is, I'll take what is actually happening on Wall Street as the more objective view.

mariner



aeternum nauta
User currently offlineWesternA318 From United States of America, joined Oct 2004, 5658 posts, RR: 24
Reply 39, posted (1 year 3 months 4 weeks 20 hours ago) and read 2250 times:

Quoting mariner (Reply 38):
As I said, I was wondering if there was something more to it than your often posted grudge against Frontier, but as it is, I'll take what is actually happening on Wall Street as the more objective view.

Normally I would too...but as Michael Douglas once said..."these guys wouldnt know the difference between preferred stock and livestock". LOL



Next blog will be up on 8/30/14 around 6PM Mountain Time...check it out at fl310travel.blogspot.com!
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