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Old 02-06-2024 | 02:59 PM
  #34  
Stayontarget
Almost there
 
Joined: Apr 2021
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Originally Posted by monkeyboy511
Valid questions. The plan you describe is one of many in consideration. After listening to the Q4 conference this morning, it is wise to assess what was said in the meeting, then develop a strategy moving forward. It's not extraordirily difficult to sperate the wheat from chaff. BB's statements were predominately pro forma, forward looking rosy picture. Not much time spent discussing why F9 suffered yet another consecutive quarterly loss, there was no discussion regarding supply chain management, current market forces, or strategy to combat competition. The 56 minute meeting was as informative as F9 ground school. I don't envision BF replacing BB in the near term, but the market sure will react to F9's continued losses, failure to meet market expecations, and the litney of excuses may ultumately cause shareholders to divest, which may be the opportune time for Indigo to buy back ULCC shares at a discount. The decision to apply, work for, or leave F9 may already be determined. I am curious to see how NK will play out, which may prejudice one's decision to seek employment at F9. I do agree with BB insofar the window of opportunity to seek employment at a legacy is slowly but steadily closing this putting a choke hold on F9's MEC to effectively negotiate. The people in the TK in DEN have taken notice to the slowdown as well. Not just F9 pilots. Interesting comment made by BB indiating F9 has seen a slow down in attrition" Hey buddy... it's not owing to people wanting to stay, it's due to a slow down in outside hiring. Contract 2025? LOL, don't hold your breath.
We made money. They did some fun accounting to show a loss.
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