I just have to laugh...all this speculation about mergers and acquisitions when the entire industry is on the brink of collapse. It’s going to take maybe years for every airline to return to not only their previous size but likely to profitability. Let’s talk a year from now after we see who survives.
well, m&a typically happens during downturns. Right now, you can probably get HA for well under $1 billion and SAVE for maybe $1.25 billion.
B6 is definitely going to survive this. They have $3 billion in cash and loans before the gov't bailout. That should allow them to hand around until next year at current burn rate. In fact, I doubt any of the major airlines won't survive this. Let's hope B6 won't have to furlough come October.
The ETOPS certification is aircraft type and operating certificate specific, so it wouldn't be transferrable, but you are correct that HA airframes could fly ETOPS routes typically thought of as a JetBlue route.
Mildly-crazy idea but HA/JB merger and then transfer the A321LR/XLRs to the Hawaiian operating certificate and fly them BOS/JFK-Europe. I would assume A321neo ETOPS certification currently held by Hawaiian would also apply to an A321LR/XLR airframe added to their certificate since the changes are so minimal.
I do think there would need to be a way to continue operating the two brands since they both have a strong following in their respective regions.
Agreed, would piss off a lot of locals to operate under the JetBlue brand in Hawaii. Thinking about the pluses here, NK still seems like the better merger partner for B6 if they don't have to bid a huge premium over where SAVE is trading at right now. HA still doesn't seem to bring enough to the table.
Also, I just counted a Monday in April and DL is down to around 40 flights out of BOS. I'm guessing that will be the case for at least until the early summer month. B6 might get lucky here if DL decides to leave BOS downsized (even if not at this level) for the foreseeable future. We will see.
Still waiting to see what AA might cut.