Atlas Air Hiring
03-14-2023 | 04:11 PM
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03-14-2023 | 04:49 PM
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For the lurkers and previous commenters: Company just announced regulatory approval for going private.
Still not a done deal. Definitely closer, though I don’t think that was surprising given the lack of an airline merger and the (relatively out of the way - from a regulators perspective - nature of the) space we work in.
Still not a done deal. Definitely closer, though I don’t think that was surprising given the lack of an airline merger and the (relatively out of the way - from a regulators perspective - nature of the) space we work in.
Last edited by BrazilBusDriver; 03-14-2023 at 05:22 PM.
03-14-2023 | 05:20 PM
In a land of unicorns
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From: Whale FO
Apollo is over 2 times larger than all of SVB combined. Big fish usually don't swim with small fish, and Apollo is a big fish.
03-15-2023 | 08:22 AM
All is fine at .79
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From: Paahlot
03-15-2023 | 10:13 AM
Gets Weekends Off
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The best way to figure how Apollo will affect Atlas is to look at their other airline purchases. The airlines may be cargo or passenger, but the purchasing company's philosophy is the same. When Icahn bought TWA we all new what was to come, same with Eastern. Hopefully for my Polaroid friends things will turn out better
03-15-2023 | 04:24 PM
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The best way to figure how Apollo will affect Atlas is to look at their other airline purchases. The airlines may be cargo or passenger, but the purchasing company's philosophy is the same. When Icahn bought TWA we all new what was to come, same with Eastern. Hopefully for my Polaroid friends things will turn out better
03-15-2023 | 07:48 PM
In a land of unicorns
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From: Whale FO
Luckily they haven't gutted previous airlines. That said having successive bank failures occurring combined with dropping freight rates right as Apollo buys us is a little unsettling. Credit Suisse and a basket of other American banks are creaking under strain tonight. A lot depends on how Apollo's other investments look.
Safe to say, it would make no sense for Apollo to sell us.
03-15-2023 | 09:23 PM
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True, and good point. Also they'd take a huge loss. Lots of better ways to raise money.
03-16-2023 | 06:59 AM
In a land of unicorns
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From: Whale FO
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