Originally Posted by FlyGuy2002

I belive an acquisition is imminent. You say something about a premium on F9 then few sentences say later you'd love to see the valuation of F9. How can you say its buying them a premium when you don't even know the market cap/value of F9. The value is essentially what indigo can sell it for. He bought F9 basically for a song. His specialty is flipping distressed carries and selling for a profit. He's not a longterm owner. And when he DOES sell F9 it will be for a handsome profit. He's already making a stake in WOW. His plan is certainly in motion. Turn F9 into a nice profit, sell, and move on. That has alway been his MO. And it appears thats whats in motion now. To me anyways. On the flip side NK is sitting on nice cash stash, performance metrics have flipped and dare I say this place is actually running pretty damn good right now. A new CEO coming in, young guy who could run the ship for years to come, would be a good time to make a splash and join forces. Also the idea they'll make more during IPO is hogwash. as soon as franke goes public, he no longer has complete control of F9. Selling an airline as a private entity is waaaayyyy easier than as a public entity. selling a public company needs approval of shareholders, board members, so an and so forth. Not to mention there is no telling what the shares maybe worth when franke can actually sell his stake. if it IPOs at $25 a share it may pop to $35 but then in months when Franke can actually sell his shares it maybe $12 and he loses his shirt. who knows? Why would he take the risk. We are moving into a slowing economy. The dude is like 85 years old. He can sell F9 as a private company for hundreds of millions with much less hassle and be gone. Spirit in turn could finance a purchase in many different ways. Spirit could acquire a growing company with a big west coast presence we don't have, much easier while its still a private company. Not to mention the aircraft order that F9 has. those slots could be included in the sale. NK wants and needs more Aircraft. even if Franke took those slots with him, how is WIZZ air gonna staff 100 more planes? F9 is the logical slot for those airframes. Your TA is similar to ours with similar dates and rates. I just saw F9 is starting service back to BDL and BWI, which is fast growing market for us. I don't know, maybe I'm blinded by own idea. But Im almost convinced a marriage is in the works. Economies of scale simply dictate a combined airline could be a powerhouse in the years to come. Too many similarities and coincidences lately for me to ignore.. My guess is it will happen. And i for one think it would be a good thing. All F9 guys I've met are cool a** dudes. And we have a good group here. I think it could be good in the long run for all our careers.