Originally Posted by
GrayFlyer
Please define "Jet Forward" for us. What is it you think they're accomplishing out of the ordinary which would make an investor spend "much much more." I would love to know that it's something more, but I fear you're overly optimistic.
As far as I can tell, Jet Forward is a focus on basic operational management which they should have been doing the entire time. There's nothing novel about it, beyond the name. Yes, it seems to be helping some, but I'm still waiting for them to present a coherent "Plan B." There's is no vision, it's a stay afloat strategy with a sprinkle of wishful thinking until something external changes our circumstances.
Assume two paths forward. We either merge with someone under Ch11 bankruptcy for pennies on the dollar or we merge with someone after showing sustained profitability. Jetforward is an attempt at making profits so we can get a better valuation in a merger scenario
https://www.macrotrends.net/stocks/s...:JBLU:ULCC:AAL
Basic operation focus, reshuffle to east coast leisure network, get rid of uneconomic planes (190s), enhance product (first class, lounges). This should hopefully get us to some stable profits and we get a good valuation in a merger.