F9 may have publicly initiated the merger first but if you believe JetBlue they say they have been talking to Spirit about merging for years. But at same time throughout all those years they made a play for Virgin America and not Spirit? They low-balled/didn't do their homework and lost to Alaska. ...
Jump to postSo did anything substantial come out of that webcast? I found this interesting: Elsewhere, executives clarified that if the deal with Frontier is not consummated, the airline would revert to a standalone carrier. https://seekingalpha.com/news/3841988-spirit-airlines-ceo-calls-jetblue-offer-cynical-...
Jump to postSo did anything substantial come out of that webcast? I found this interesting: Elsewhere, executives clarified that if the deal with Frontier is not consummated, the airline would revert to a standalone carrier. https://seekingalpha.com/news/3841988-spirit-airlines-ceo-calls-jetblue-offer-cynical-...
Jump to postI don’t have a dog in this fight, but I really think folks are making too much of this projection. And how else would you expect anyone to react? Like “LOL hes kiddin’, silly Ted”. Even if he is joking thats even worse! Hes the CEO of a company that is in the middle of a bidding war!!! That would b...
Jump to postA few unanswered questions: 1) If an institutional investor hold 2% of NK stock is it 1 vote representing 2%? 2) The key is for NK employees to sign off on this B6 takeover, because if B6 is successful with NK shareholder without consent from employees, couldn't NK employees leave the company to wo...
Jump to postAs much as this keeps coming up, I must digress, it’s not a nail in the coffin of more than just one ULCC. Seems like those who keep sayin this are a little tone deaf on what the market is doing. B6 mentions in thier rebuttel that airlines like avelo, breeze, allegiant, sun country, are all ULCC’s ...
Jump to postIts just baffles me, based on historical data and current airlines stocks, who in their right mind thinks a combined F9/NK stock will ever be over $33??
Jump to postA very expensive for mexicans Chateroi or Standstead!!!! The only way to recuperate part of the wasted money is to use NLU at it´s maximun scope and combining it with TLC also at it´s maximun, be able to close MEX at least for pax/cargo airline traffic. MEX had "only" 50 million PAX in 20...
Jump to postThings are starting to go crazy at NK: “You deserve to know what our management has publicly stated to the industry and its shareholders about the future of our pilot group,” he wrote. “If Spirit’s management team projects a future that does not contemplate the timely bargaining of an agreement to a...
Jump to postAs was expected: "Spirit Airlines Board of Directors Urges Stockholders to Reject JetBlue Tender Offer" https://ir.spirit.com/news-releases/news-details/2022/Spirit-Airlines-Board-of-Directors-Urges-Stockholders-to-Reject-JetBlue-Tender-Offer/default.aspx “Think about the millions that aw...
Jump to postTWU opposes the B6 hostile bid, calling B6 a “hostile employer.” https://www.paddleyourownkanoo.com/2022/05/18/jetblue-flight-attendants-union-opposes-airlines-hostile-takeover-of-spirit-because-jetblue-is-an-abusive-employer/ My question is, with all things considered: Why would the Department all...
Jump to postIndividual flight attendants might feel that way, but the AFA itself supports F9 because they (most likely) lose representation, and therefore members dues, if NK merges with TWU represented B6. TWU opposes the B6 hostile bid, calling B6 a “hostile employer.” https://www.paddleyourownkanoo.com/2022...
Jump to postI think its so funny how most here think B6 wants NK because of FLL or because of their pilots. The truth is, its a combination of all of that plus their planes and workforce, with a side of ambition. Robyn’s letter to NK after the board declined their offer, specifically mentions B6 trying to get ...
Jump to postI find United’s covid requirements’ website to be the most useful and clear of them all:
https://www.united.com/ual/en/us/fly/tr ... s-map.html
Whoever did this at UA good for you and that person deserves a raise!
I think its so funny how most here think B6 wants NK because of FLL or because of their pilots. The truth is, its a combination of all of that plus their planes and workforce, with a side of ambition. Robyn’s letter to NK after the board declined their offer, specifically mentions B6 trying to get N...
Jump to postThe AFA-CWA gives its support for F9-NK merger. "We support the necessary regulatory approvals that will improve competition, increase consumer options and experience, and maintain and grow good union jobs," Sara Nelson, AFA's president said in a union announcement. https://www.bizjournal...
Jump to postThis all being said, I wouldn't be surprised if Spirit's board implements a poison pill, which would make it much more expensive for JetBlue to acquire Spirit. NK did a poison pill in 2020, is it possible to do another one so soon ? Apparently 10 year poison pill terms used to be the norm. Since th...
Jump to postUSAirKid wrote:
This all being said, I wouldn't be surprised if Spirit's board implements a poison pill, which would make it much more expensive for JetBlue to acquire Spirit.
There are some pretty serious allegations from Jetblue: Ask yourself a simple question: why won’t the Spirit Board engage with us constructively? The interests of Bill Franke’s Indigo Partners and the long-standing relationships between the two companies is the obvious answer. Full text: https://jet...
Jump to postHow? One ulcc is eliminating the other Ulcc. Why would they keep prices down if the direct competitor is gone (they won’t) (Respectfully) Let all be real the merger from either blue or f9 eliminates competition. It's pretty simple, F9+NK keeps the same level of ULCC market share. NK+B6 eliminates m...
Jump to postPerhaps the title of this thread should be changed as it is unknown at this point who actually killed the reporter? Yes sure, everyone should keep saying that to themselves while forgetting the 45 press members Israel has killed before (that we know of). https://www.aljazeera.com/news/2022/5/12/inf...
Jump to postJoseSalazar wrote:SAVE shares are likely to double in a year? With rising fuel and labor costs and a recession on the horizon? What’s the investment thesis there?
Perhaps the title of this thread should be changed as it is unknown at this point who actually killed the reporter? Yes sure, everyone should keep saying that to themselves while forgetting the 45 press members Israel has killed before (that we know of). https://www.aljazeera.com/news/2022/5/12/inf...
Jump to postMinus all the other issues, I'm wondering if B6 can even complete the deal now that their market cap has dropped so much. It's an all cash offer. Unless the cash they are using is borrowed using stock as collateral then it shouldn't matter. ULCC/SAVE stock is in the gutter, right now the F9/NK offe...
Jump to postI wonder if this will be featured in the western media, or they are gonna skip it because its Israel… Al Jazeera Reporter Dead, Another Wounded During IDF Raid in Jenin Journalist Ali Asmoadi told Haaretz that he and the Al Jazeera reporter were wearing their press vests when military forces shot at...
Jump to postTUGMASTER wrote:Change title of thread from “Orthodox Jews” to “passengers”please….
Can’t have all the weirdos on here jumping in the racism band wagon.
Groupon was very of its time. Now with FB events and Instagram they are basically irrelevant.
Jump to postIf you have ever been in a domestic US flight with similar groups during the pandemic, you know they absolutely refused to wear the masks, LH is in the right. Don’t want to wear a mask, charter a private plane.
Jump to postIMHO yes it is a point of discussion, as it shows the overall disregard of safety culture at current mexican civil and military aviation in the context of a shamefull incident at my home airport (MEX). Listening to the ATC recording again, it appears the crew of the plane holding short and recordin...
Jump to postIf NK ends up staying independent, it would not be the worst outcome. They have an established brand, a low cost structure and a modern fleet. If they merge up with either competitor, the sum will end up being less than the parts and the acquiring airline will be saddled with debt required to make ...
Jump to postMidwestindy wrote:
Not even sure how this is even debatable to be honest...
That part couldn’t be any more clear. Its Indigo Partners, buying Spirit and merging it with Frontier. Then, Indigo Partners will control: Volaris, JetSmart, WizzAir, LynxAir and the TBA (F9/NK) new airline in the US. Theyre going to be the management and ultimately like everything they control, wil...
Jump to postAs Mexico becomes more of a banana republic under their current administration, more and more things like this will surface..
Jump to postIt’s funny how all of this unruly behavior around the western countries could have a very different ending with the authorities if the passengers in question were muslims. Banned, jailed, you name it…
Jump to postNow, if the large investors don't have a problem with SAVE picking to sell it self at close to 10 year low in share prices, then there is no issue here for SAVE board. Since the news just broke this week, we will find out over the next couple of months how the large investors really feel about this...
Jump to posthttps://s24.q4cdn.com/507316502/files/doc_presentations/2022/2022.05.05-Presentation.pdf Here is SAVE's presentation on why they reject JBLU's offer. This seems to spend more time bashing the NEA and JetBlue's model rather than explaining why it's worse. I'm not sure why "JetBlue Effect' reall...
Jump to postAre there any NK employees on here that have a preference for B6 or F9? I work at an airport and asked several NK pilots and flight attendants today which airline they want to merge with and 100% of them said F9. They were adamant and said B6 would destroy and dismantle them. There were no delays o...
Jump to postI find it laughable that people think an NK/B6 merger wouldn’t be approved… they allowed AA and US, and CO and UA… 50%+ control of FLL would not be allowed? Meanwhile AA controls majority of MIA, DFW CLT, PHL and PHX traffic. UA controls majority of EWR, IAH and IAD and DL runs ATL, SLC and MSP but...
Jump to postI find it laughable that people think an NK/B6 merger wouldn’t be approved… they allowed AA and US, and CO and UA… 50%+ control of FLL would not be allowed? Meanwhile AA controls majority of MIA, DFW CLT, PHL and PHX traffic. UA controls majority of EWR, IAH and IAD and DL runs ATL, SLC and MSP but ...
Jump to postFollowing the financial sector today, there is a lot of talk suggesting that the SPIRIT board might have not negotiated in good faith on behalf of the shareholders. It's also being speculated that the shareholders may decide to go against the board. I have a feeling this is going to get very intere...
Jump to postPeople, stop with the idea “ JetBlue afraid of the combined carrier“ they’ve been thriving in high competition markets in their whole existence by all types of high fair and low fare carriers and been doing just fine and making many years of profits. They want them because they need to grow decisiv...
Jump to postwonder if jetblue goes the hostile route? The accusations in the letter above from B6’s management are quite distressing and almost claims Spirit has not done it's required fiduciary responsibility. Spirit's board and management seem to be looking only for their own financial interests and ignoring...
Jump to postThe full letter has leaked and just wow… https://mobile.twitter.com/rossfeinstein/status/1521159133961101312 H. Mclntyre Gardner Chairman of the Board Edward M. Christie Ill President and Chief Executive Officer Spirit Airlines, Inc. 2800 Executive Way Miramar, FL 33025 April 29, 2022 Dear Mr. Gardn...
Jump to posthttps://twitter.com/RossFeinstein/statu ... 3961101312
Does this mean NK’s management is refusing to engage? Isn’t that illegal. If I was an NK stockholder I would consider legal action.
UPlog wrote:Did Indigo ownership of Spirit and Frontier overlap in the mid 2010s?
gadFly wrote:VolvoBus wrote:Just exercising their 2nd Amendment rights.
on foreign territory, in violation of international law and US law, etc... Jokes aside, what would they have done with it once home? Show-and-tell from vacation?
It’s fascinating that Sprit, which JetBlue wants to buy, is at the bottom “The worst in class of the major airlines was Spirit, however. The Florida-focused ULCC fell further out of favor, dropping from 66 to 63 - a whopping 5%.” It reinforces my thoughts that the Spirit network won’t permanently j...
Jump to postAfter all the negative press from jetblue in the last few weeks.....this! "On a scale from 1 to 100, the customer satisfaction rating for JetBlue was 79 in 2022, an increase from 2021's 77 by 3%. This means that JetBlue overtook last year's front runners, Delta Air Lines and low-cost giant Sou...
Jump to posthttps://twitter.com/Breaking911/status/1517586538821038082 BREAKING: Florida Governor Ron DeSantis signs a bill into law that strips Disney of its special tax status - Reuters 2:30 PM · Apr 22, 2022 Yup. DeSantis screws his chances for any real presidential run. His imagineers tell him it's "g...
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