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Old 02-16-2012, 09:01 AM
  #89261  
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Originally Posted by acl65pilot View Post
Looks like they are making it cheaper for someone to buy......
In theory it isn't cheaper, but there will be more shares outstanding making it easier for someone to increase the number of shares they own. I know if you do a reverse stock split it decreases the risk of a takeover. Doing a split can make it easier for a takeover because there will be more shares available to buy although the value of the corporation will still be the same.
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Old 02-16-2012, 09:06 AM
  #89262  
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Originally Posted by acl65pilot View Post
Looks like they are making it cheaper for someone to buy......
How would a split accomplish that? The market cap is still the same. Not necessarily disagreeing, just curious how the mechanics of a stock split could effect an acquisition scenario. Is there precedence for stock splits prior to consolidation events?

Any CEO retiring with all this consolidation going on is interesting.

In other news, Skywest is going to start issuing ATP ratings during recurrent training.

Last edited by Whidbey; 02-16-2012 at 09:22 AM. Reason: Terminology
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Old 02-16-2012, 09:07 AM
  #89263  
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Early out program with "enhanced" benefits to be offered to eligible employees in the coming weeks...
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Old 02-16-2012, 09:09 AM
  #89264  
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Originally Posted by capncrunch View Post
Side question:

On the move reserve days request, we put the day off first then the day on?
No, it's FROM TO as in days you want to move FROM then days you want to move TO.
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Old 02-16-2012, 09:28 AM
  #89265  
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Originally Posted by RockyBoy View Post
Stock split and CEO calling it quits at Alaska.
Originally Posted by Whidbey View Post
How would a split accomplish that? The market cap is still the same. Not necessarily disagreeing, just curious how the mechanics of a stock split could effect an acquisition scenario. Is there precedence for stock splits prior to consolidation events?

Here's the most pertinent part of the filing:

The company intends to finance the stock repurchases with cash on hand. The repurchase program authorizes Air Group to buy its common stock from time to time through open market purchases, negotiated transactions or other means, including accelerated share repurchases and 10b5-1 trading plans in accordance with applicable securities laws.

Alaska Air Group has repurchased 8.3 million shares of its common stock for nearly $262 million through similar programs over the past five years.
More shares controlled by the company = more control for any financial transactions that require shareholder approval...

Cheers
George
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Old 02-16-2012, 09:31 AM
  #89266  
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Interesting!

So who is the potential dance partner?
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Old 02-16-2012, 09:31 AM
  #89267  
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Originally Posted by Bucking Bar View Post
It looked dorky, but it was fun to fly. It had crew bunks (cargo nets made hammocks), and it was impossible to defer the APU
I heard. I'll always regret not flying the ATR especially out of EWR where they flew VFR up and down the Hudson or out over LGA to Martha's Vineyard and stuff.

I mean don't get me wrong, IAH in the Brasilia was fun in all, I mean who doesn't want to spend all day, of a 110 degree day, taking an airplane with fire spitting APU that never cooled anything back and forth from IAH-HOU or EFD?
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Old 02-16-2012, 09:34 AM
  #89268  
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Originally Posted by Whidbey View Post
Interesting!

So who is the potential dance partner?
Emirates.
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Old 02-16-2012, 09:39 AM
  #89269  
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FTB,

The ATR was such a far, far, superior airplane to the E120. It amazed me how two aircraft designed about the same time could be so remarkably different.

Perhaps it was because we had the first E120's, but ours tended to do some really dramatic stuff and not in a good way.
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Old 02-16-2012, 09:41 AM
  #89270  
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Originally Posted by RockyBoy View Post
In theory it isn't cheaper, but there will be more shares outstanding making it easier for someone to increase the number of shares they own. I know if you do a reverse stock split it decreases the risk of a takeover. Doing a split can make it easier for a takeover because there will be more shares available to buy although the value of the corporation will still be the same.
In theory you're correct. However, the Company also announced its going to spend $50M to buy back stock. Usually they "buy it back" from the senior corporate officers with stock options. That makes over $300M worth of stock the Company has bought over the last few years.

Originally Posted by Whidbey View Post
So who is the potential dance partner?
Opinion only:

1. DAL
2. SWA
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