Thread: Spirit of NKS
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Old 02-18-2010 | 04:55 AM
  #1286  
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captscott26
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From: A320 CA
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Originally Posted by Kubota

From a friend that works for a V.C. "their is some doubt in Indigo's ability to set up, run and IPO their ULCC model in this current market."
Well the business model has been up and running for a few years now, and I believe it has proven itself to be effective. We have seen some incredible profits over the past 18 months, during a time in which the country has been in one of the worst recessions in its history. As for their ability to successfully run an IPO for an airline such as Spirit, they recently IPO'ed Tiger Airways in Singapore. Tiger is similar in many ways to Spirit, and from what I read their IPO was fairly successful.

Hopefully Indigo can put their ego's aside and come to terms with the pilots in the next few weeks.....because I can tell you that we are very unified and READY to walk out of the cockpit for the contract we deserve. Doing so would completely ruin any hopes for an IPO or growth for Spirit. In fact, I believe the company would be done after a few weeks.