Originally Posted by DoubleUp686
(Post 2651921)
Eric Gust stated on last week's town hall that we are fat by 100 pilots and need to "grow into" that as we acquire more aircraft. My guess is that plan will backfire before we reach FP&A's headcount goal. Regardless I don't think we will be hiring anytime soon. It all depends on how quickly they can find buses.
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Acquisition makes the most sense especially when you factor in the metal shortage...
Originally Posted by Dashbro
(Post 2651640)
Somebody was saying in the SW thread that Allegiant has stopped hiring. Any info on this? If they are going to be acquired that may make sense.
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Originally Posted by rated
(Post 2670617)
Acquisition makes the most sense especially when you factor in the metal shortage...
As for Allegiant acquiring Swift? What could Allegiant possibly gain from that? This is about the dumbest rumor yet. |
Originally Posted by ecam
(Post 2670630)
The problem is that Allegiant Travel Co has a market cap a shade over $2 billion. An acquirer would have to offer a premium above that. That's a lot of bread for about 85 worn out airbi, and 13 brand new ones that aren't paid off yet. But crazier things have happened.
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Originally Posted by KC135
(Post 2670687)
Actually it's not a bad price considering a new a320 is 100 million and a 6 year back-order wait. That would be about 20 million an airbus or 25 million with a half billion dollar premium baked in. Also, there is a lot of cost you would save not having to send 900 airbus typed pilots through long term training if acquired. Don't forget about the premium gate space we have in...oh wait nevermind. I'm not big on rumors but I could see the value here.
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This is a silly thread. Owler.com reports that Swift has $10M in revenue. Allegiant would buy Swift, but why? They fly 73's. Move along...
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If a merger is in the future I’d say it would be wise for you guys to switch to ALPA since most groups are ALPA now. It would ease the process for a joint CBA and seniority integration.
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Originally Posted by crxpilot
(Post 2670689)
Plus you get a virtual Sunseeker resort in BF Punta Gorda! 😄
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Originally Posted by Qotsaautopilot
(Post 2670789)
If a merger is in the future I’d say it would be wise for you guys to switch to ALPA since most groups are ALPA now. It would ease the process for a joint CBA and seniority integration.
Originally Posted by grnclvrs
(Post 2670939)
Or, spin off the airline to fund the resort.
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Originally Posted by ecam
(Post 2670958)
A merger would trigger a referendum anyhow. Now would actually be a terrible time to screw with our representation.
This is the most likely outcome IMO. UAL seems best poised to absorb us and has been open about trying to get lots of used busses. We shall see. |
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