jfk787nyc
Posts: 478
Joined: Sun Apr 29, 2007 9:59 am

JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 1:11 am

Just over BloomBerg JetBlue maybe a target for a Takeover.

Bloomberg for some reason said

DELTA maybe the one that speculator's believe will take them over.

Delta stock has also been going up.
 
graphic
Posts: 1293
Joined: Sat Nov 18, 2006 10:41 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 1:24 am

All you gotta do is give your top exec the boot and now all of a sudden you're "A target for takeover" ... can you believe the media today?  Wink
Demand Media fails at life
 
exusair
Posts: 658
Joined: Fri Sep 08, 2000 12:15 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 1:30 am

Here's the benefits to Delta:

By the way this has been swirling around for a while now....

- Non unionized workforce. Much easier to integrate since all JB employees are on 5 year contracts, including the pilots.

- Instant hub at JFK in superior facilities. Install an FIS facility in either T-5 or T-6.

- Embraer aircraft. Planes DL wants for their 100 seat markets.

- Many JB executives are former DL managers. Makes operational integration easier.

- Very few overlapping routes with the exception of Florida markets.

- Eliminate a Florida competitor.

- Triangulate a deal with Boeing to resell A320's in exchange for more 737-800's or with Embraer for more E190's OR keep A-320's as replacements for MD-88's until Boeing RS is introduced.
 
BOS2LAF
Posts: 353
Joined: Wed Sep 22, 2004 8:21 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 1:30 am

Delta taking over JetBlue? That has to make less sense than US taking over DL or FL taking over YX.

If JetBlue is involved in any sort of merger or takeover, the first name that pops into my mind is Frontier.

-Complimentary route structures
-Fleet commonality
-Comparable on-board product
 
commavia
Posts: 9651
Joined: Mon Apr 25, 2005 2:30 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soa

Fri May 11, 2007 1:42 am

If, indeed, this is real, I highly doubt that Delta would ever be allowed to take over JetBlue. Even if they could get JetBlue's Board to agree to it -- which I just don't see given the huge "spiritual" betrayal that would seem to be -- they would never get this past Washington. I think Chuck Schumer would definitely have a few choice words to say about this.

[Edited 2007-05-10 19:03:17]
 
mptpa
Posts: 401
Joined: Thu Feb 23, 2006 4:34 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 1:45 am

Frontier and JetBlue could be better partners than DL and JB. Same airframe, DirecTV, very little overlap, similar values and mission...
 
crogalski
Posts: 477
Joined: Fri May 27, 2005 8:09 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 1:46 am

Quoting Exusair (Reply 2):
- Non unionized workforce. Much easier to integrate since all JB employees are on 5 year contracts, including the pilots.

Where do you get all employees are on 5 year locks from?
A319 A320 A321 A330 B717 B727 B737 B747 B757 B767 CRJ200 CRJ700 CRJ900 DC9 E145 E190 MD88 Q400 | AA AB B6 CO DL EI FL NK
 
toltommy
Posts: 2465
Joined: Tue Dec 09, 2003 9:04 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 1:48 am

Quoting Exusair (Reply 2):
Here's the benefits to Delta:

By the way this has been swirling around for a while now....

- Non unionized workforce. Much easier to integrate since all JB employees are on 5 year contracts, including the pilots.

With the exception of pilots and another small group (escapes me right now), all DL employees are non-union. They don't even have a similar "5 yr employment contract". DL employees are "at-will". B6 pilots would have to be merged into the DL system seniority list and become ALPA members.
 
jfk787nyc
Posts: 478
Joined: Sun Apr 29, 2007 9:59 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 1:50 am

Reply: BOS2LAF From United States,

Complete TakeOver of JetBlue by Delta.

Delta takesover as the number one airline for domestic service out of New York City. Keeps JetBlue business policy.

What does Frontier have to do with anything? First off there will not be any problem with the Monopoly laws.

JetBlue building a new terminal, Delta can right away dump there Terminal for a big amount of money. or close it for a while remodel it and takeover New York with there terminal 5 6 7 with an unbelievable amount of slots, the same way they own Atlanta.

Delta can not afford it? I am sure Boeing would not be against this takeover as they will get an airline which is growing that has right now 125 Airbus A320. The airline business is growing more passangers traveling they will eventually have to order more planes. The 125 A320 could be sold without a problem with all there added extras. The Russians (Not Aeroflot) would take probably half of them.

Boeing recieves an order for 125 737-800, 100 787, 6-8 777w? seems about right. am i wrong?

JetBlue market cap is 1.9 billion.

Boeing makes 625 million dollars profit on this deal when you pull the 125 a320 at 5 million dollars a plane profit
 
exusair
Posts: 658
Joined: Fri Sep 08, 2000 12:15 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 1:52 am

From their Human Resources website and from conversations with JB crewmembers. It is my understanding that their F/A's and Pilots had signed 5 year employment contracts. There was also a 3 year option I recall reading about and a part time option.
 
airfrnt
Posts: 1993
Joined: Fri Jul 02, 2004 2:05 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 1:54 am

I doubt B6 will ever tie up with a legacy. Way too many problems. I think this will force a re-examination of possible link ups in the market, specifically with FL giving B6 more control off the eastern markets, or F9 which plugs a huge hole in their route map.
 
atlaaron
Posts: 973
Joined: Mon Apr 24, 2006 11:30 pm

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 1:56 am

I don't see any news headline out there for this.
 
jfk787nyc
Posts: 478
Joined: Sun Apr 29, 2007 9:59 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 2:00 am

How many flights do JetBlue actually compete with Delta on?

Delta could even back out of domestic travel and keep the JetBlue name, Divide the company in two.

Delta could even drop Laguardia with this and focus primarly on International and JetBlue on Domestic. Just look at the possiblites for JetBlue,

ATL, CVG, LAX, BOS, SLC this takeover benefits both sides. JetBlue could actually build up into a United States low cost carrier not just NorthEast
 
isitsafenow
Posts: 3413
Joined: Sun Feb 01, 2004 9:22 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 2:00 am

I have said this before, gang, and will say it again. The American way is.........

if you can't compete with the competition, BUY 'EM.
safe
If two people agree on EVERYTHING, then one isn't necessary.
 
jfk787nyc
Posts: 478
Joined: Sun Apr 29, 2007 9:59 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 2:05 am

JetBlue (JBLU) Takeover Talk Resurfaces Following CEO Resignation
StreetInsider.com (subscription), MI - 2 hours ago
StreetInsider.com provides up-to-the-minute active trading news and information. Only the most relevant news makes it through to our members, and only what ...
JBLU

StreetInsider.com is a subsciption based airline,

Bloomberg also was talking about this about an hour ago.
 
ChiGB1973
Posts: 1394
Joined: Mon Mar 22, 2004 6:39 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 2:16 am

Quoting Commavia (Reply 4):
they would never get this past Washington. I think Chuck Schumer would definitely have a few choice words to say about this.

Oh yeah, this will get through Washington without problem. Of course, this is my opinion, but certainly doable. With DL and B6 together, will they equal CO's presence at EWR? Then, of course, AA at DFW, UA at ORD/DEN, US at CLT/PHL and even DL's operation at ATL. I just don't see it as a problem.

Quoting JFK787NYC (Reply 8):
Keeps JetBlue business policy

This will absolutely change. Business class will be added without a doubt.

M
 
commavia
Posts: 9651
Joined: Mon Apr 25, 2005 2:30 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 2:23 am

Quoting ChiGB1973 (Reply 16):
Of course, this is my opinion, but certainly doable. With DL and B6 together, will they equal CO's presence at EWR? Then, of course, AA at DFW, UA at ORD/DEN, US at CLT/PHL and even DL's operation at ATL. I just don't see it as a problem.

It's not just about their aggregate market share presence at JFK, or any other airport. It's about the public image issue that all of the populist politicians running Congress (who fall all over each other to get their face in front of the camera talking about "protecting consumers") are going to face if they let America's favorite low-fares airline get gobbled up by a "high-fare" (I know, I know, not my opinion) legacy. That is going to be a really, really hard-sell with Congress. And again, I think that Chucky Schumer (who never met a news camera he didn't like) is going to do basically anything he can to stop this. Hillary will no doubt try and stop it too.
 
787EWR
Posts: 162
Joined: Tue Apr 10, 2007 5:41 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 2:24 am

Quoting JFK787NYC (Reply 12):
How many flights do JetBlue actually compete with Delta on?

Delta and Jetblue have their biggest competition on the Northeast to Florida market, primarily JFK-MCO and FLL.

Non-Stops B6 DL

JFK-MCO - 11 4
JFK-FLL - 10 4 (up to 16 through ATL,CVG & BOS)


Delta could even back out of domestic travel and keep the JetBlue name, Divide the company in two.

I have to think this would complicate their structure, which Delta has indicated that they would simplify. While I am sure there are airlines hungry for the A-320's, they would have to retrain or dare I say, layoff hundreds of Jetblue pilots.


Delta could even drop Laguardia with this and focus primarly on International and JetBlue on Domestic. Just look at the possiblites for JetBlue,
Once again, I think there would be complications as you are increasing the size of the airline by 30 to 40% and then splitting the resources for domestic and International.


ATL, CVG, LAX, BOS, SLC this takeover benefits both sides. JetBlue could actually build up into a United States low cost carrier not just NorthEast

Definately a true statement, but will the FAA or legislation boards approve it?
 
User avatar
STT757
Posts: 13176
Joined: Tue Mar 28, 2000 1:14 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 2:33 am

DL taking over B6 would be taking a play out of CO's playbook (again), CO took over PeoplExpress who had a huge domestic LCC operation at EWR. Right when CO took PE over they were about to open Terminal C.

Inthink it would be a brilliant move for DL if they do try to pull thisnoff, I wonder if this or the other rumored take over target NWA havenhad any influence in DL's decision to basically abandon their 737-800nfleet growth plans.
Eastern Air lines flt # 701, EWR-MCO Boeing 757
 
socaljoeyb
Posts: 3
Joined: Fri May 11, 2007 2:29 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 2:36 am

Does anyone know hoe much DL + B6's presence at JFK would be compared to CO's presence at EWR?
 
IADCA
Posts: 1346
Joined: Mon Feb 26, 2007 12:24 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soa

Fri May 11, 2007 2:37 am

So far nobody's actually posted any text from any of these news reports, so it's awful hard to say what the heck is going on.

Quoting JFK787NYC (Reply 8):
First off there will not be any problem with the Monopoly laws.

The federal regulators absolutely would have something to say about this merger. If you look at the statistics from the 12 months ending in September 2006 here, then type "SEP_2006_JFK.PDF" on the end of the address...for some reason it won't let me paste the full link, you will see that Delta (if you add Song to their total, which seems appropriate given Song's gone now) and JetBlue combined to carry 14,303,286 passengers domestically out of a domestic total of 21,130,823; add in Comair and their share rises to 15,274,123; that would create a combined carrier with 72.3% market share. At an airport like JFK, it's highly unlikely this would happen. The only airports with dominant carriers anywhere near that big domestically didn't get there through big mergers, so please skip the DFW and MSP analogies; EWR is a closer one, but keep in mind the greatly different context of the PeopleExpress/CO merger to today's environment.



[Edited 2007-05-10 19:50:50]
 
IADCA
Posts: 1346
Joined: Mon Feb 26, 2007 12:24 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soa

Fri May 11, 2007 2:44 am

Quoting Socaljoeyb (Reply 20):
Does anyone know hoe much DL + B6's presence at JFK would be compared to CO's presence at EWR?

According to the Port Authority, CO's combined int'l and domestic market share was 67.3 in the 12 months ending 9/06; domestic market share of CO plus CO Express was 70.6%. So the DL and B6 market share would be bigger at JFK than CO at EWR, at least domestically.

http://www.panynj.gov/CommutingTravel/airports/pdfs/traffic/ ...add SEP_2006_EWR.PDF onto the end, again it messes up when I try to post the full URL

[Edited 2007-05-10 19:46:44]
 
richierich
Posts: 3282
Joined: Sat Nov 04, 2000 5:49 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 3:04 am

Quoting JFK787NYC (Reply 8):
Complete TakeOver of JetBlue by Delta.

Delta takesover as the number one airline for domestic service out of New York City. Keeps JetBlue business policy.

What does Frontier have to do with anything? First off there will not be any problem with the Monopoly laws.

JetBlue building a new terminal, Delta can right away dump there Terminal for a big amount of money. or close it for a while remodel it and takeover New York with there terminal 5 6 7 with an unbelievable amount of slots, the same way they own Atlanta.

Delta can not afford it? I am sure Boeing would not be against this takeover as they will get an airline which is growing that has right now 125 Airbus A320. The airline business is growing more passangers traveling they will eventually have to order more planes. The 125 A320 could be sold without a problem with all there added extras. The Russians (Not Aeroflot) would take probably half of them.

Boeing recieves an order for 125 737-800, 100 787, 6-8 777w? seems about right. am i wrong?

JetBlue market cap is 1.9 billion.

Boeing makes 625 million dollars profit on this deal when you pull the 125 a320 at 5 million dollars a plane profit

While I understand your points, I have to respectfully disagree. I really don't see DL making any move for B6, let alone JetBlue accepting it. DL exited Bk, what, last week? And now everybody thinks they have the capital and the backing to pull off a takeover of this size? I don't think so. Just because Bk is now but a distant memory at the "new" Delta, they still have some work to do on their own and I don't think they are currently in a position to purchase or takeover anybody.

If I could be hypothetical and assume you were on to something, the aircraft situation would not be a problem. Airlines can operate dual fleets for months and years (ask UA and BA about operating B737s and A320s). The problem of facilities is a little more complicated - yes the new B6 terminal at JFK is going to be nice but it is not designed to handle either widebody equipment or international flights. Bang goes the idea of DL operating from T5.

Anything is possible, of course, but I don't see B6 being taken over right now, and certainly not by Delta.
None shall pass!!!!
 
jfk787nyc
Posts: 478
Joined: Sun Apr 29, 2007 9:59 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 3:34 am

Richierich From United States:

You maybe right with there Terminal not having capabilty to handle WideBodies. I believe a couple of days ago someone on A.Net said that JetBlue actually has put aside room to build gates to handle WideBodies and Customs.

lets look at what Boeing has to benefit from this:
There is no possible way if a merger would go through that Delta/JetBlue would be flying Airbus 320. Boeing owns a very large stake of Delta Stock. Technically they are one of the decision makers now. 125 737-800 at 5 million dollars profit per plane (I do not know how much Boeing makes on there 737s most likely more than I am calculating) equals 625 Million Dollars just on the planes not counting how much money everyone is going to make right away with the Stock Shooting through the roof.

Delta order from Boeing for widebodies 100-125? 787

Does anyone know how much percentage of stock Boeing actually owns of Delta?

Now, Delta owns out right a very expensive peice of property at JFK. within two years time JetBlue will own a large, brand new peice of property at JFK. Delta could invest some money and build a widebody wing at JetBlues new terminal and than start thinking of what to do with there property.

Even if JetBlue does not get bought out they will eventually build a brand new widebody wing for international carriers, Make it into a smaller terminal 4 (International) to have the international carriers connected to the terminal selling tickets to all over the country JetBlue operates. (CodeShare with Incentives) Plus, JetBlue will be there landlord.

As for percentage of domestic travel from JFK, you can not count 72%
Technically there was no real domestic service from JFK before 2000, That is what LaGuardia is for. LaGuardia is anyway cheaper now and there are still 25 million people who travel from there yearly.

So, Basically thats it pull out of LaGuardia which is 15-30 mins away from JFK to take LCC service to anywhere in the country.

American Airlines has a huge presence at JFK did they ever try to build up a domestic service out of there? Not Really!

EWR is and always was the domestic and international airport of New Jersey. they are not in New York and they cost 15 dollars plus gas to travel there for anyone who lives in New York.
 
IADCA
Posts: 1346
Joined: Mon Feb 26, 2007 12:24 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 3:47 am

Quoting JFK787NYC (Reply 24):
Does anyone know how much percentage of stock Boeing actually owns of Delta?

I can tell you it's not a majority, which is what counts here. The issue of co-ownership of airlines and a manufacturer was shot down years and years ago with the Air Mail Act of 1934 (the issue at hand then was Boeing and United).

Quoting JFK787NYC (Reply 24):
There is no possible way if a merger would go through that Delta/JetBlue would be flying Airbus 320.

Congratulations, you managed to defeat your own point in one paragraph. That theory is exactly why the co-ownership rules exist.

Not to mention that it would be really dumb for a company to dump a huge fleet of quite new 320s and 190s and leave themselves with Delta's aging domestic fleet. The 320s and 190s would be a reason DL would WANT to get B6, not assets they'd immediately want to unload.
 
RL757PVD
Posts: 2528
Joined: Fri Dec 03, 1999 2:47 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 4:11 am

the two things DL needs most right now AS STATED BY DL:

- 100 seat aircraft
-better JFK facilities

probably cheaper to just buy B6 than spend the billions to do it on their own....

Here's a thought.... buy B6, Keep the terminal, and e190s' then create a spin-off airline with the A320s and make $$$ from the IPO, sorta like CO and Expressjet.....aka "airline catch and release"

With a spinoff/IPO after, they could reallyt get the E90s and Terminal for pennies on the dollar......
Experience is what you get when what you thought would work out didn't!
 
ckfred
Posts: 4694
Joined: Wed Apr 25, 2001 12:50 pm

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 4:14 am

Think of some of the routes that DL could pick up and integrate. For instance, ORD-JFK. Right now, B6 is solely relying on O&D traffic, with some connections to the Northeast. With DL, that could also feed into its trans-Atlantic service.

ORD-LGB could shift to LAX, which would feed into DL's hub there.

Of course, UA and AA would have something to say about this.
 
flybyguy
Posts: 1415
Joined: Sun Jun 27, 2004 12:52 pm

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 4:16 am

Quoting IADCA (Reply 26):
Not to mention that it would be really dumb for a company to dump a huge fleet of quite new 320s and 190s and leave themselves with Delta's aging domestic fleet. The 320s and 190s would be a reason DL would WANT to get B6, not assets they'd immediately want to unload.

Since jetBlue is not unionized couldn't Delta just buy the airline just to remove competition at JFK? Then just lease out any of the assets jetBlue actually owns.

I feel that Neeleman stepping down may have something to do with this takeover rumour. Perhaps Neeleman wanted a standalone airline and the board just looked at jetBlue's financials and figured perhaps that the jetBlue business model is unsustainable and that it's better to cash in at the best offer.
"Are you a pretender... or a thoroughbred?!" - Professor Matt Miller
 
srbmod
Posts: 15446
Joined: Tue Mar 20, 2001 1:32 pm

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 4:21 am

I think B6 is more of a target from investors wanting to take the airline private than from another airline. Carl Icahn did recently sell some of his casinos out in Nevada....  duck 

How about this for a takeover idea? Virgin America. They've been having trouble getting the go-ahead to launch their own service, so why not launch a takeover bid for JetBlue? Picking up an airline as a quick way to start your own operations is not unheard of, although usually it's buying their operating certificate while said airline is in liquidation. You buy up JetBlue, you don't have to worry about the 5 years of FAA scrutiny all new-entrant (newly certified) carriers must go through, you've got a nice fleet of a/c already, and a workforce.
 
jetdeltamsy
Posts: 2688
Joined: Tue Nov 14, 2000 11:51 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 4:32 am

Quoting BOS2LAF (Reply 3):
Delta taking over JetBlue? That has to make less sense than US taking over DL or FL taking over YX.

If JetBlue is involved in any sort of merger or takeover, the first name that pops into my mind is Frontier.

Delta has MUCH deeper pockets than Frontier. Delta could outbid Frontier any day.

While I think a Delta/JetBlue merger is unlikely, it does seem to make sense for Delta. If they are ever going to really grow that JFK hub, this would be a good way to do it. And as stated previously, it would eliminate a tough Florida market competitor.
Tired of airline bankruptcies....EA/PA/TW and finally DL.
 
richierich
Posts: 3282
Joined: Sat Nov 04, 2000 5:49 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 4:32 am

Quoting Srbmod (Reply 30):
How about this for a takeover idea? Virgin America. They've been having trouble getting the go-ahead to launch their own service, so why not launch a takeover bid for JetBlue? Picking up an airline as a quick way to start your own operations is not unheard of, although usually it's buying their operating certificate while said airline is in liquidation. You buy up JetBlue, you don't have to worry about the 5 years of FAA scrutiny all new-entrant (newly certified) carriers must go through, you've got a nice fleet of a/c already, and a workforce

That sounds nice and all, but where do you suppose they can raise that kind of cash? JetBlue is big enough where its safe to say that it ain't cheap!
None shall pass!!!!
 
srbmod
Posts: 15446
Joined: Tue Mar 20, 2001 1:32 pm

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 4:37 am

Quoting Richierich (Reply 32):

That sounds nice and all, but where do you suppose they can raise that kind of cash? JetBlue is big enough where its safe to say that it ain't cheap!

I'm sure the current investors in Virgin America would have no problem coughing up additional $$$ in order to make such a transaction. And they could easily line up additional investment capital from new investors as well.
 
User avatar
mariner
Posts: 18115
Joined: Fri Nov 23, 2001 7:29 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 4:39 am

Quoting BOS2LAF (Reply 3):
If JetBlue is involved in any sort of merger or takeover, the first name that pops into my mind is Frontier.

I think that's pretty remote, for all sorts of reason - starting with the lack of engine commonality. Also, Frontier is quite strongly unionized and JetBlue isn't.

And since the Frontier/Airtran FF alliance may go to full code share later this year, it seems even more unlikely.

mariner
aeternum nauta
 
User avatar
STT757
Posts: 13176
Joined: Tue Mar 28, 2000 1:14 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 5:01 am

Quoting Socaljoeyb (Reply 20):
Does anyone know hoe much DL + B6's presence at JFK would be compared to CO's presence at EWR?

CO + COEX at EWR = 24,399,337 Million passengers per year

DL + Comair/regionals + B6 at JFK = 18,478,368 passengers per year.

CO's EWR hub would still be considerably larger than DL+Comair/Regionals+B6 at JFK, however over this is how it breaks down when you combine all three airports.

CO+ COEX at EWR, JFK, LGA = 25,594,823

DL+DL Shuttle+Comair/Regionals+Jetblue at EWR, JFK and LGA = 26,339,772
Eastern Air lines flt # 701, EWR-MCO Boeing 757
 
User avatar
United787
Posts: 2190
Joined: Fri May 20, 2005 12:20 pm

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 5:43 am

Why not UA?

Fleet - Comparable
Routes - Complimentary

It would give UA the NYC presence that it lacks. They could then start flying JFK-LHR again!
 
emseeeye
Posts: 351
Joined: Sat Jun 17, 2006 3:50 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 5:49 am

Quoting Commavia (Reply 17):
It's not just about their aggregate market share presence at JFK, or any other airport. It's about the public image issue that all of the populist politicians running Congress (who fall all over each other to get their face in front of the camera talking about "protecting consumers") are going to face if they let America's favorite low-fares airline get gobbled up by a "high-fare" (I know, I know, not my opinion) legacy. That is going to be a really, really hard-sell with Congress. And again, I think that Chucky Schumer (who never met a news camera he didn't like) is going to do basically anything he can to stop this. Hillary will no doubt try and stop it too.

Thats why you vote Republican.
 
EMBQA
Posts: 7795
Joined: Sat Oct 25, 2003 3:52 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 6:03 am

.49c is SOARING......??? That's sad....
"It's not the size of the dog in the fight, but the size of the fight in the dog"
 
jfk777
Posts: 5830
Joined: Tue Aug 22, 2006 7:23 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 6:08 am

The most credible idea here is Virgin America taking over JET BLUE. DL doesn't need to for the new terminal. Delta needs new JFK terminals but JB's new terminal is going to have thirty gates, about the number they have now. At least the Pan Am worldport was designed for 747 but JB's new terminal is going to be A320 type gates. Redesigning a terminal for 767 and 777 is difficult. The best terminal program Delta has had at JFK is the pre 9/11 plan of moving to Terminal 4 with a new addition for Delta's use. The Pan AM world port would be torn down leaving only terminal 6 & 7 as OLD JFK terminals.
 
emseeeye
Posts: 351
Joined: Sat Jun 17, 2006 3:50 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 6:14 am

Quoting Mariner (Reply 34):
I think that's pretty remote, for all sorts of reason - starting with the lack of engine commonality. Also, Frontier is quite strongly unionized and JetBlue isn't.

And since the Frontier/Airtran FF alliance may go to full code share later this year, it seems even more unlikely.

Agreed. Other than TV's in the seat and a complimentary route map there is no other logical or financial reason to merge. Unless... there is a merger of F9 and B6 to fight off another takeover.

Why would any airline want to fork over and consume at least 1 billion in debt to takeover anyone right now?
 
User avatar
STT757
Posts: 13176
Joined: Tue Mar 28, 2000 1:14 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 6:17 am

Quoting United787 (Reply 36):
Why not UA?

Fleet - Comparable
Routes - Complimentary

It would give UA the NYC presence that it lacks. They could then start flying JFK-LHR again!

CO+UAL is a better pairing, and have had talks over the years.
Eastern Air lines flt # 701, EWR-MCO Boeing 757
 
atlaaron
Posts: 973
Joined: Mon Apr 24, 2006 11:30 pm

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 6:46 am

Quoting STT757 (Reply 19):
DL taking over B6 would be taking a play out of CO's playbook (again), CO took over PeoplExpress who had a huge domestic LCC operation at EWR. Right when CO took PE over they were about to open Terminal C.

I would say that was a very different situation because at the time People Express was in much worse financial shape than B6.

Quoting JFK787NYC (Reply 24):
Does anyone know how much percentage of stock Boeing actually owns of Delta?

It is my understanding from some stock reports on Delta that Boeing will not be holding their shares and will actually be cashing out.
 
MCO2BRS
Posts: 361
Joined: Thu Jan 18, 2007 7:30 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 7:07 am

If DL were to take over B6, would it be possible that they would take the Embraers and intigrate them into the main DL fleet. Then, with the 125 A320's keep them for an LCC service a-la-Song? The A-320's have most of the extras that the Song 757's had (RE: IFE) may be not the legs, but they could be used on routes from JFK to Florida, Bermuda and ATL to the Caribbean/Mexico. As for B6's west coast operations they could use the A320's to Mexico, and maybe Hawaii and central America? (Not sure if the 320's have the range for that or not)

just a thought.
 
zsx81
Posts: 288
Joined: Tue Jul 11, 2000 11:46 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 7:18 am

DAL - 19.65 -0.14 (-0.71%) May 10 4:00pm ET
JBLU - 10.89 +0.49 (4.71%) May 10 4:00pm ET


So Delta stock is down 14 cents and Jetblue is up 49 cents at the end of the day. A 49 cent increase doesn't qualify as a "soaring" stock, even for an airline! I think that tells you how much truth there is to this rumour!
 
gigneil
Posts: 14133
Joined: Fri Nov 08, 2002 10:25 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 7:34 am

Quoting JFK787NYC (Reply 24):
There is no possible way if a merger would go through that Delta/JetBlue would be flying Airbus 320.

What's the point of buying an airline and grounding its fleet?

NS
 
JetBlueAUS
Posts: 852
Joined: Sat Apr 01, 2006 9:15 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 7:40 am

It won't happen, end of story...

The department that woud approve this takeover would see this as Delta trying to remove competition.
Not all of us can be heroes, some of us can only stand on the sidewalk and clap as they go by.
 
richierich
Posts: 3282
Joined: Sat Nov 04, 2000 5:49 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 7:59 am

Quoting Zsx81 (Reply 43):
David Neelemen is stepping down as CEO. That's all I've heard about B6 today.

That's all you've heard because that's the only news. DL is not about to buy B6, and there is no reason to think anybody else is about to. That's what investors do - they worry about things that may or may not be happening. They buy and sell based off of rumor a lot of the time.

Like most people, I have no idea whether today was a good day or a bad day for JetBlue. Only time will tell!  Smile
None shall pass!!!!
 
atnight
Posts: 537
Joined: Sat Dec 03, 2005 8:06 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 8:14 am

I just read the whole thread looking for some real information or more news that would support such rumor, but as expected, NOTHING.... With no real news, no source of rumor, why is everyone jumping into the discussion? I can believe folks get so enthusiastic over a rumor that has yet to have a real source.... I guess this is one of the common practices of many a.netters, to talk and talk without any evidence or basis.... I guess there was nothing better to do....
B707 B727 B733/5/7/8/9 B742/4 B752/3 B763/4 B772 A310 A318/319/320 A332 A343 MD80 DC9/10 CRJ200 ERJ145 ERJ-170 Be1900 Da
 
HVNandrew
Posts: 385
Joined: Tue Jan 31, 2006 1:05 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 8:15 am

http://dealscape.thedealblogs.com/2007/05/is_jetblue_on_the_block.php

More of the same rumors, with DL being the possible partner, but more than likely, not.
 
ScottB
Posts: 5414
Joined: Fri Jul 28, 2000 1:25 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 8:16 am

Quoting Srbmod (Reply 32):
I'm sure the current investors in Virgin America would have no problem coughing up additional $$$ in order to make such a transaction.

The problems that Virgin America has faced have been related to establishing U.S. citizenship of the investors -- and it would be no different in a hypothetical takeover of JetBlue. They'd still be capped at a maximum of 25% foreign ownership, and DoT would carefully scrutinize the ownership structure before clearing a takeover bid. Moreover, there is an order of magnitude of difference between the $200 million or so in capital which Virgin America has raised and the $2 to $2.5 billion which would likely be necessary to buy JetBlue given their current market cap.

Quoting Commavia (Reply 17):
It's about the public image issue that all of the populist politicians running Congress (who fall all over each other to get their face in front of the camera talking about "protecting consumers") are going to face if they let America's favorite low-fares airline get gobbled up by a "high-fare" (I know, I know, not my opinion) legacy.

Based on market share and passengers, I think "America's favorite low-fares airline" is still Southwest. Now, B6 might be NYC's favorite low-fares airline... I don't believe that we'd hear much from the politicians if a hypothetical merger involving JBLU were a friendly takeover with plenty of promises made about maintaining jobs and low fares.

Quoting IADCA (Reply 21):
The federal regulators absolutely would have something to say about this merger.

The big question is whether or not the feds would make their decision based on market concentration at JFK specifically or on the NYC market as a whole. If it's the latter, the general level of fragmentation in the New York market would probably permit the merger, since a combined Delta & JetBlue would be similar in market share to Continental. If the decision were based on JFK, they'd probably have to agree to divest some assets (and find a buyer for those assets).

I simply can't see a Delta-JetBlue merger happening -- but, of course, stranger things have happened, too.
 
jetbluefan1
Posts: 2857
Joined: Wed Dec 31, 2003 8:39 am

RE: JetBlue TakeOver Speculation JetBlue Stock Soaring

Fri May 11, 2007 8:17 am

I too feel that this rumor is just that - a rumor. A DL and B6 merger would make no sense whatsoever - and I, as an investor in JetBlue, would certainly not support it.

B6's fleet is comprised of Airbii and Embraers. Delta's is comprised of Boeings and Canadairs. Their fleet difference is reason enough to suspect that this rumor is moot.

JetBluefan1

Who is online

Users browsing this forum: AABB777, Beardown91737, FAST Enterprise [Crawler], ikolkyo, jbs2886, Jetty, kstse, ktrick45, Okie, OzarkD9S, Pengaea, RL777, UnitedFlyer and 247 guests