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Old 04-25-2022 | 03:56 PM
  #791  
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Originally Posted by av8or
JB buys Spirit….. we drop our OneWorld agreement with American, eliminate flying anywhere west of the Rockies or south of San Fran, sell off the extra Maxes for 1/3 more than what we paid, shrink back to SEA and become codeshare parters for BlueSpirit,

You’re welcome.
but we sell off all our planes, open bank branches and become bank tellers and just push the alaska airlines credit card that can be redeemed by all the “code shares”
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Old 04-25-2022 | 05:28 PM
  #792  
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Default Hey!!!! OTZ was RIGHT!

BIG announcement today…. Creation of a brand new officer level position overseeing staff resource management!!! WHY? According to the email, so we can do some needed POST PANDEMIC scale back of our business? “And why would we want to do THAT?” you may ask? So that we can give whatever is left of our customer base reliability and excellence so that which will enable the “predictable growth”…. Later.

I for one just have to say BRAVO everyone!!! Who wants to capitalize on this chitty totally unpredictable growth when we can take this opportunity to scale back and be ready for the predictable growth!! 👏🏻👏🏻👏🏻👏🏻

Apparently someone got a little video of him on his first day on the job managing of flight crew staffing…..
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Old 04-25-2022 | 05:54 PM
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Originally Posted by Jetlikespeed
but we sell off all our planes, open bank branches and become bank tellers and just push the alaska airlines credit card that can be redeemed by all the “code shares”
I better start practicing my sales pitch when I become a AS/Uber driver that sells credit cards
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Old 04-25-2022 | 06:06 PM
  #794  
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Originally Posted by av8or
BIG announcement today…. Creation of a brand new officer level position overseeing staff resource management!!! WHY? According to the email, so we can do some needed POST PANDEMIC scale back of our business? “And why would we want to do THAT?” you may ask? So that we can give whatever is left of our customer base reliability and excellence so that which will enable the “predictable growth”…. Later.

I for one just have to say BRAVO everyone!!! Who wants to capitalize on this chitty totally unpredictable growth when we can take this opportunity to scale back and be ready for the predictable growth!! 👏🏻👏🏻👏🏻👏🏻

Apparently someone got a little video of him on his first day on the job managing of flight crew staffing…..
I had to laugh at just how many corporate-isms and buzzwords they're willing to throw around to just avoid spending any actual money. I also think it's pretty funny that they're so focused on "training center throughput" - maybe the training center wouldn't have to work so hard if pilots didn't keep leaving left and right? Or is the attrition somehow the training department's fault now too?

"centralizing these functions." "across divisions to bring an enterprise view." "An organizational design process." "fiscal responsibility and discipline." "Process Improvement and Execution."

That's a lot of $10 words to say, "we're doing **** all."
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Old 04-25-2022 | 06:10 PM
  #795  
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Maybe they could just hire the “Bob’s”? Probably be just as effective as their plan.


https://imgur.com/gallery/ZteyzG5
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Old 04-25-2022 | 06:16 PM
  #796  
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Originally Posted by echelon
I had to laugh at just how many corporate-isms and buzzwords they're willing to throw around to just avoid spending any actual money. I also think it's pretty funny that they're so focused on "training center throughput" - maybe the training center wouldn't have to work so hard if pilots didn't keep leaving left and right? Or is the attrition somehow the training department's fault now too?

"centralizing these functions." "across divisions to bring an enterprise view." "An organizational design process." "fiscal responsibility and discipline." "Process Improvement and Execution."

That's a lot of $10 words to say, "we're doing **** all."
Funny….. I listened to the entire investor call Friday…. And no mention of post pandemic “scaling back” 🤔🤔🤔
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Old 05-02-2022 | 06:30 AM
  #797  
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How does Spirit reject JetBlue’s more superior offer? I thought the fiduciary responsibility meant to go with the higher $$$ offer for investors because both Frontier and JetBlue were qualified buyers?

Because I recall jetBlue offering $55/share for Virgin and Alaska offering $57/share, and Virgin took the Alaska offer. Despite the fact VX/B6 made way more sense (similar business model, fleet, easier integration, etc).

With Sprontier moving forward, this definitely leaves the door open for an Alaska/JetBlue combination someday. JetBlue buying Spirit would have closed that door.
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Old 05-02-2022 | 06:33 AM
  #798  
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Originally Posted by ShyGuy
How does Spirit reject JetBlue’s more superior offer? I thought the fiduciary responsibility meant to go with the higher $$$ offer for investors because both Frontier and JetBlue were qualified buyers?

Because I recall jetBlue offering $55/share for Virgin and Alaska offering $57/share, and Virgin took the Alaska offer. Despite the fact VX/B6 made way more sense (similar business model, fleet, easier integration, etc).

With Sprontier moving forward, this definitely leaves the door open for an Alaska/JetBlue combination someday. JetBlue buying Spirit would have closed that door.

It’s ain’t over. JB will go directly to the share holders for a hostile takeover.

$21 vs $33 is the option they have right now. NK down 8% just today.


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Old 05-02-2022 | 06:43 AM
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Originally Posted by ShyGuy
How does Spirit reject JetBlue’s more superior offer? I thought the fiduciary responsibility meant to go with the higher $$$ offer for investors because both Frontier and JetBlue were qualified buyers?

Because I recall jetBlue offering $55/share for Virgin and Alaska offering $57/share, and Virgin took the Alaska offer. Despite the fact VX/B6 made way more sense (similar business model, fleet, easier integration, etc).

With Sprontier moving forward, this definitely leaves the door open for an Alaska/JetBlue combination someday. JetBlue buying Spirit would have closed that door.
This is one of those rare cases where you have to read the article and not just the headline.

In a letter sent to JetBlue, Spirit Chairman Mac Gardner said that JetBlue's bid had “an unacceptable level of closing risk" that shareholders would have to take on.
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Old 05-02-2022 | 06:47 AM
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But jetBlue countered today with additional benefits in case there’s any issues with precisely that concern.
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