Originally Posted by
holiday
I don’t think it’s as simple as just looking at the debt. You have to include the assets as well. JBLU still has more assets than liabilities on the balance sheet.
You’re trying to convince a pilot group (UAL) that respects the pilots at JetBlue, but wants nothing to do with JetBlue that merging is a good idea.
JetBlue has gates at JFK that UAL wants to use for SFO and LAX premium passengers. That’s it.
Now if Wallstreet wants a merger between the two of us then it’ll be nice flying with you guys.
Sorry for being cranky, but I’ve had multiple JetBlue pilots at ALPA events ask me how long I’ve been at UAL after discussing how we’re merging.