Jetblue set to announce trans-atlantic
#21
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Joined APC: May 2015
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#24
#25
#26
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Joined APC: Aug 2018
Posts: 312
Jetblue was never meant to last... the whole point was to create a market and get bought...
#27
Yes, but who can realistically get a JB acquisition past the DOT/DOJ? Maybe SWA? But they dont like to pay full price for anything and JB is far from being on the brink of BK. Current JB market cap is just north of $5bil, so it would likely require a $10bil valuation to get the BOD interested.
#28
Yes, but who can realistically get a JB acquisition past the DOT/DOJ? Maybe SWA? But they dont like to pay full price for anything and JB is far from being on the brink of BK. Current JB market cap is just north of $5bil, so it would likely require a $10bil valuation to get the BOD interested.
#29
Banned
Joined APC: Aug 2018
Posts: 312
Yes, but who can realistically get a JB acquisition past the DOT/DOJ? Maybe SWA? But they dont like to pay full price for anything and JB is far from being on the brink of BK. Current JB market cap is just north of $5bil, so it would likely require a $10bil valuation to get the BOD interested.
#30
Because AA doesn't care about BOS/JFK and has a huge MIA hub. UAL wouldn't get a JFK hub past the DOT. DL same thing. That leaves SWA as the only ones with deep enough pockets and a slight possibility at legal approval for a merger/acquisition.
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