Originally Posted by
FriendlyPilot
It would be a bad idea to wait if United, or any other airline, wanted to buy Jetblue. Apparently nobody has jumped at the chance. I wonder why that is?
You're right its not about aircraft. Its about the debt. I've been hearing for years about the "valuable JFK gates" and the "valuable airbus orders". Just because something is scarce doesn't mean its valuable. United would love 20 daily slots in JFK to run SFO and LAX transcons. But not 200. We are getting 7 to start as part of the partnership, plus whatever more we can get from the FAA. It would make no sense to have that much overlap at airports that are so close together. 20 slots is the magic number.
You are conflating my opinion about business economics with "financial advice". Explaining what financial statements isn't the same as "you should buy this stock". This is why the adage of "never take financial advice from an airline pilot" is good advice. Most airline pilots can't even understand the difference between the two.
My time is mine, and I can choose what to do with it what I want. You can choose to read or to pass. You also chose to respond. I could ask you the same question. Why waste your time reading and responding to my posts?
I'm sorry you don't like my opinions, but United buying JB isn't going to happen. I get why Jetblue pilots want it to happen, but that's fantasy. United is all about United Next and that is the plan they are executing. Cleaning up the balance sheet is a massive priority with United Next. Buying another airline with a bunch of debts, especially $8B+, doesn't help that. It would set United back years. Kirby has explained this numerous times in interviews about the problem with buying Jetblue.
So instead we have a partnership. Maybe it ends up being a limited code share in a few years. Who knows.
I hope it works well for both companies and everyone gets something financially rewarding out of it.
Why because I find people who are not in the room that make declarations very entertaining. I mean Kirby did say it so obviously it won’t happen. I know CEOs always tell the truth. The CEO of Spirit (TESTIFIED) that the company was in fine financial shape. Two JetBlue CEOs said they believe in organic growth while also attempting a merger. Did you know Biden was not going to resign, Covid for sure didn’t come from a lab and there are definitely nuclear weapons in Iraq? All I’m saying is you might want to leave yourself some wiggle room.
I do wonder why if you guys can just get FAA slots already why even do this partnership? Seems like you could skip all of this mess.
However you seem a bit upset so we need to toughen you up if after the merger (that won’t happen) you want to post on bluepilots
Keep on posting about something that won’t happen, I need to get back to reading hamlet. There is something in there about a lady that reminds me of you.
But really any stock tips?