Originally Posted by
CincoDeMayo
Exactly.
And for some that are new to the game, here is some sad truth for this industry; airlines have and will file bankruptcy. It’s the industry. And I’ll add, Chapter 11 is much better than continuing to **** through money to the point you close the doors.
NK probably files Ch11 first half of 2024 if this merger gets shot down. JBLU, who knows, maybe Robin gets shown the door and a new CEO has to make decisions if the merger fails.
But this ridiculous “the stock is at…” every day doesn’t matter. Come wake me when it’s a penny and it’s on the verge of being delisted.
The merger and the judge, that’s all that matters. I’m glad to see more JBLU guys for this merger as we are all realizing we need to grow to compete. This is the way
This. Shared a van full of pilots with one particularly loud captain making the assertion that if the merger doesn't happen the stock price will "go to zero which will put us in bankruptcy.." When I asked what one thing had to do with the other he said "if we don't turn a profit the stock is worthless", to which I asked about companies with years of zero earnings that have share prices that continually climb, he informed me that such companies don't exist. I just let it go as some people just enjoy beating their drum even if they've never heard the song.