Swift Air/Allegiant hook up
09-08-2018, 07:18 AM
#11
Banned
Joined APC: May 2017
Posts: 733
Originally Posted by DoubleUp686
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.
09-08-2018, 07:34 AM
#12
New Hire
Joined APC: Nov 2011
Posts: 8
Acquisition makes the most sense especially when you factor in the metal shortage...
Originally Posted by Dashbro
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.
09-08-2018, 08:04 AM
#13
Banned
Joined APC: May 2017
Posts: 733
Originally Posted by rated
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.
09-08-2018, 10:53 AM
#14
Gets Weekends Off
Joined APC: Jun 2015
Position: A-320
Posts: 680
Originally Posted by ecam
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.
09-08-2018, 10:59 AM
#15
Banned
Joined APC: May 2012
Posts: 520
Originally Posted by KC135
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.
09-09-2018, 06:35 AM
#19
Banned
Joined APC: May 2017
Posts: 733
Originally Posted by Qotsaautopilot
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
Or, spin off the airline to fund the resort.
09-09-2018, 07:35 AM
#20
Banned
Joined APC: Apr 2014
Position: Da Bus
Posts: 481
Originally Posted by ecam
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.
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.
Thread
Thread Starter
Forum
Replies
Last Post
