JetBlue Had Plans To Buy Alaska
#31
Gets Weekends Off
Joined APC: May 2023
Posts: 523
Don't think it's happening, HA is a hot mess and AS managers are conservative.
I'm pro-growth and think they need to do an M&A to remain viable long-term. But I wouldn't buy HA right now.
You know it's a bad idea when people you know at HA call you up and inquire hopefully if you're hearing any merger rumors.
I'm pro-growth and think they need to do an M&A to remain viable long-term. But I wouldn't buy HA right now.
You know it's a bad idea when people you know at HA call you up and inquire hopefully if you're hearing any merger rumors.
Hawaiian is in distress, and cheaper than it's ever been. Also distressed airlines are much easier to get through the DOJ.
#32
I think they'd be scared of acquiring a big financial albatross. And having to manage international ops to Asia.
#33
I know 0 about business I lick windows and sling gear (and I’m mediocre at that at best) but if one were to actually have a thought experiment and Alaska wanted to buy HA would it not be cheaper to just acquire HAs assets (pilots and planes offer the pilots some deal to come over) in BK? If they are heading that way?
#34
HA carries too much debt. Maybe if they declare bankruptcy, AS can swoop in from there but there isn't much point in buying a bunch of debt right now.
#36
Gets Weekends Off
Joined APC: May 2023
Posts: 523
#37
The head shed is the poster child for scared money.
And they do actually money. The issue is how long can they hide out in the PNW, as the last of a nearly extinct species (the regional legacy).
I'm sure even they know they need to do something. HA probably isn't it, at least not right now
And they do actually money. The issue is how long can they hide out in the PNW, as the last of a nearly extinct species (the regional legacy).
I'm sure even they know they need to do something. HA probably isn't it, at least not right now
#38
Gets Weekends Off
Joined APC: Mar 2022
Posts: 186
#39
Done. But you're right about 787s.
#40
Really? You Sure about that. Spirit is pretty distressed and the DOJ doesnt seem to care