Originally Posted by
Ted Striker
My money is still on Alaska at some point during this administrations term. It would coast through most regulation hurdles. I think Icahn and that other investor that jumped in recently are cost around $6ish. I could see them wanted to cash out via merger/acquisition and walk w/ the bag at 2-3x. These guys are too smart to want to hold onto airline stock long term. To be honest it would probably be better for all employees long term. To be folded into a full service national network. Jb, no profits for 6+ years, hoping to just break even 2025. We need to be cranking out 100’s of millions of dollars in profit per quarter for the next 5+ years just to keep this train running long term. An East coast only airline just isn't built for long term survivability/profitability. Way too many obstacles.. wx, atc, costs, competition. We have no real advantage over any carrier to charge a premium. I certainly hope jetforward works and I’m wrong.
Agree 100% on the need for a merger, and I think AS is a likely partner, but it will all depend on what happens with NK. I don’t think anything will happen to us until NK gets settled with either F9 or someone else. If NK/UA happens then that means all of the Big 4 will need a bite at the apple.
I also think JB needs to show some profits so potential partners know we aren’t going into Ch11 (no bargain basement deals).