Originally Posted by
ToiletDuck
Good thing you don't work here then because you're completely missing the boat on why BB is doing this. BB isn't buying stock in the company. He's loaning them money. If they pay then great we'll see benefits out of it. If they can't pay then guess who gets first call on the assets at rock bottom prices? Last time this happened with US airways BB got 170s and their gates which he now leases back to them and makes a nice chunk of change off. He's stated several times he has interest in assets at other companies. We'll just have to see which way he decides to play it. Frontier is still a great company that has potential. SWA isn't bullet proof and is a little worried itself on where it's money is going to come from. There's a reason they don't go into ATL.
is there a reason for the hostility?
Your right i don't work at republic and am happy where i am but i merely mentioned that if i did work for republic i would not be very comfortable with my company being a financial backer to F9. No one said Republic was becoming a shareholder and i am pretty sure everyone understands what this means. Last time BB did this was with USAirways which had a lot better brand recognition, market share, and better outlook. F9 is in a very difficult position with lots of competition, does not own its aircraft, and has a list of new creditors lining up. If BB is expecting to get assets during a liquidation he will be receiving pennies on the dollar for what might be worthless assets down the road. Past performance is no indicator of future success when it comes to investments. Don't kid yourselves into thinking everything he touches is gold... money can be lost. This is money that could be keeping your job secure down the road if this roll of the dice doesn't pan out. good luck