Originally Posted by FlyGuy2002

So much hyperbole here. Do a little research. Youll find the 8 of spirits BODs are independent. Christie being the one that isn’t. ALL 8 of those board members have quite stellar resumes,

and ALL 8 sit on no less than 3 boards at

other companies, with some having as many as 8 board seats. Those folks wear many hats at various companies, I’m sure they’ll land in their feet just fine.



this ‘golden parachute’ parachute is a cute argument but to me falls flat. I would argue the best golden parachute they could have taken would have been take the initial $33 offer from B6, made their thousands/millions in payout with no deference to shareholders and been long gone. Also as I mentioned in another thread, if 5 board seats go to F9 then why did the 4 others vote themselves out of $33 AND a seat on the new board? The board voted 9-0. Leaving 4 folks without seats. Essentially 44% of the board turned down $33 a share AND a seat position, yet somehow they all did it for themselves. Not buying it.



im going with the current narrative. Seems more realistic to me. The B6 merger faces hurdles with untold many months before completion if ever.the fact that JetBlue has 2 major out clauses in the Convening time to walk away leaves the NK shareholders with all the downside risk falling to them. So you MAY get $30 a share in 18-24 months, and if not here is a paltry $1.80 per share (200 million breakup fee) for your time. Again I don’t see the value.



I feel the value lies in owning 48% of what could be a large, profitable airline versus a one time buyout of $30 on some distant date.. if the F9 deal doesn’t pass then fine. They said they will plan to remain stand-alone. And we are right back to where we are today. No harm an Foul.



I see why they voted 9-0 and im completely on board with it.