JetBlue Had Plans To Buy Alaska
11-08-2023 | 06:54 PM
#31
Banned
Joined: May 2023
Posts: 825
Likes: 1
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.
11-08-2023 | 07:29 PM
#32
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,618
Likes: 557
From: Engines Turn or People Swim
I think they'd be scared of acquiring a big financial albatross. And having to manage international ops to Asia.
11-08-2023 | 07:58 PM
#33
Line Holder
Joined: Jun 2019
Posts: 851
Likes: 172
From: Captain
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?
11-08-2023 | 08:03 PM
#34
Mmmm wine
Joined: Feb 2020
Posts: 1,717
Likes: 302
From: The Jet
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.
11-08-2023 | 08:43 PM
#36
Banned
Joined: May 2023
Posts: 825
Likes: 1
11-08-2023 | 08:49 PM
#37
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,618
Likes: 557
From: Engines Turn or People Swim
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
11-09-2023 | 12:46 PM
#38
Line Holder
Joined: Mar 2022
Posts: 256
Likes: 28
11-11-2023 | 06:37 PM
#39
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,618
Likes: 557
From: Engines Turn or People Swim
Done. But you're right about 787s.
11-12-2023 | 02:18 PM
#40
Line Holder
Joined: Nov 2015
Posts: 1,848
Likes: 149
Really? You Sure about that. Spirit is pretty distressed and the DOJ doesnt seem to care
