Flyby1206

This is a load of horse poop. Please back away from the computer.

AK22

Looks like you ranked everything based on debt/EBITDA. Which seems misleading right now since everyone is lacking the E, earnings. JBLU looks comparable to ALK based on debt and cash. The majors, with very large debt and cash flow will probably suffer worst.

Mea25000

Please supply financial data, analyst upgrades in the last 20 days... not insults and hyperbole.

Mea25000

B6 lags ALK significantly on unencumbered assets also.

copy

Pretty sure about 1/3 of both airlines’ fleets are unencumbered.

Clear Right

It’s not a question of current assets and debt: It’s about cash burn rate in a zero revenue environment through Q4/2020. The analyst I was referring to compared the Airlines based on cash burn, assuming zero revenue through Q4/2020. Gotta find the chart, but someone else posted on a United thread I think. Vertical Research Partners.

OTZeagle1

It would be Christmas for some at our company. I have heard it could end up being something like 5 to 50 aircraft worth of flying to Alaska depending. That’s an honest to god unicorn for many. I guess we will see what happens overs the weekend with the “CARES“ act though.

cesnacaptn

I can’t tell if this is a serious post, or perhaps I’m not understanding it with some punctuation missing.

I’m not suggesting that Alaska wants to compete with the Big 3 outside of the PNW, but I think you mischaracterize their growth. The VX merger forced them into competing with the big 3 on transcon routes out of LAX and SFO. They tried and failed on many new routes out of SFO since the merger and all Alaska pilots wish they had succeeded and not withdrawn.

Additionally, not only is their Hawaii flying much greater than the void left by Aloha, but over the past 5-10 years they have grown focus cities in SJC and SAN. Not to suggest that all of the routes they started out of those two cities have been a success, but as an example off the top of my head, they have added mainline flights to, Hawaii, SJD, GDL, PVR, BWI, EWR, JFK, MCO, BOS, AUS.

But you are correct, most of their focus has been growth in their fortress hub in SEA, with many new addition midcon and transcon. Perhaps the newish transcon routes out of SAN and SJC are the low hanging fruit you were referring to.

All I know is that Alaska mainline has been growing steadily over the past 10 years. Pilots just don’t recognize it or acknowledge it, because pilots focus on any regional growth, Alaska doesn’t have mass retirements, nor do they have new glamorous routes/planes, such as 787s flying SFO-PPT or LAX-AKL.

Flyby1206

Accusing me of hyperbole? That’s rich. Ratings downgrades and lowered price targets do not equate to “skeptical of their viability.” If B6 is not viable then you can be damned sure ALK is in the same boat so please climb down from your pedestal.

keysersose

That is the kind of garbage I certainly didn't mean to start. The "my airline is better than yours" and therefore we should have super seniority stuff. This is just talk here. If it ever came to a merger, and it probably won't, I would trust my merger committee to make a strong argument for Jetblue and counter any arguments from the other side. Thats all we could do.