Originally Posted by
DontCallMeCindy
Here’s to hoping this insanity doesn’t go through…I just don’t see 1-2 years of a cushy JCBA being worth the artificial Chapter 11 that will inevitably occur on the backside of it all.
I’m sure the execs will get great golden parachutes if they pull this off though
It’s times like these that really make me wish I had done a basic MBA at a crappy diploma mill like HBS back in the way back lol
Originally Posted by
CincoDeMayo
Oh that’s right, because if the merger doesn’t go through, JBLU will continue to grow, bank profits, and the pilot contract will continue to increase in the decade to come without any backsliding. Sure, I’m sure that’s going to happen if the merger fails. 🤔
Both airlines need this to happen, NK needs it more today, but JBLU will need it as well. Don’t need a MBA at a crappy diploma mill to see JBLU is being squeezed by legacy carriers as well and will continue to be squeezed
this is my greatest fear with staying here, merger is approved and we get a phenomenal JCBA... then in the thick of trying to get the SOC, planes parked for refit and engine issues the company goes chapter 11 to restructure and deal with all the new cost/debt and we stagnate or shrink to profitability on a crappy bankruptcy contract.