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Old 08-10-2017, 08:06 PM   #221  
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I'd be shocked. Spirit has no good image. Frontier has some.
I think it's just a matter of perspective. I'm closer to the F9 operation so I see all the warts and hear these customers. You're in the same position at Spirit.
They'll probably just call it Eastern and get it over with🤢
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Old 08-10-2017, 08:17 PM   #222  
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I do not believe a merger is imminent. The IPO is a big pay day for the investors. As long as both Frontier and Spirit are growing and profitable, there's just no need to go through the painful merger process. I just don't see it as being as inevitable as you all seem to. At least in the short term.

And I really don't think they are going to merge 2 airlines just to delay a pilot contract.
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Old 08-10-2017, 08:44 PM   #223  
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And I really don't think they are going to merge 2 airlines just to delay a pilot contract.
I agree that the decision whether or not to merge has nothing to do with the pilot contracts, but timing of a merger sure could, and Indigo has already delayed the IPO once recently because they didn't like the downward pressure the competitive environment was expected to create.
As you've pointed out, they are profitable as stand alone airlines, so they can hang out for a while and throw logs in the road.
If they can stall the negotiations or make them more complicated they will.
The muddier they can make the water during negotiations, the easier it is to abuse the contract that's eventually adopted.
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Old 08-11-2017, 02:28 AM   #224  
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So you vote no... they renegotiate for another year and no retro... just puts more cash in their pockets... there's something going on that's gonna screw us... it's pretty obvious at this point
Full retro is industry standard now. Delta and Hawaiian both got it.
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Old 08-11-2017, 10:33 AM   #225  
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I think it's just a matter of perspective. I'm closer to the F9 operation so I see all the warts and hear these customers. You're in the same position at Spirit.
They'll probably just call it Eastern and get it over with🤢
Does it really matter what name they decide to keep? The reputation of the (speculative) combined company is going to stink regardless. And the pilots, FAs, rampers, and agents for both companies won't lift a finger to change that reputation until they receive fair pay. Changing our service reputation takes motivated employees going above and beyond their job duties to deliver that "service with a smile"; our management groups definitely have no grasp on this concept.
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Old 08-11-2017, 11:11 AM   #226  
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Does it really matter what name they decide to keep? The reputation of the (speculative) combined company is going to stink regardless. And the pilots, FAs, rampers, and agents for both companies won't lift a finger to change that reputation until they receive fair pay. Changing our service reputation takes motivated employees going above and beyond their job duties to deliver that "service with a smile"; our management groups definitely have no grasp on this concept.
I agree with you totally
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Old 08-11-2017, 12:45 PM   #227  
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Yeah it is possible. Interesting possibility would be Frontier acquiring Spirit through a reverse takeover.

https://en.wikipedia.org/wiki/Reverse_takeover
[IMG][/IMG]
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Old 08-11-2017, 02:14 PM   #228  
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Does it really matter what name they decide to keep? The reputation of the (speculative) combined company is going to stink regardless. And the pilots, FAs, rampers, and agents for both companies won't lift a finger to change that reputation until they receive fair pay. Changing our service reputation takes motivated employees going above and beyond their job duties to deliver that "service with a smile"; our management groups definitely have no grasp on this concept.
Maybe you're just being facetious. Of course they grasp the concept; it's just not a high priority for this business model. They ain't exactly trying to hide this fact from the flying public either.

This isn't 2014. I think we can quit pretending we don't understand this.

Full Retro!
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Old 08-11-2017, 05:55 PM   #229  
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[IMG][/IMG]
Got to admit you got me laughing SG..
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Old 08-11-2017, 09:14 PM   #230  
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Or Spirit acquiring F9 with 51% of Spirit stock.

Puts B.B. In the CEO seat, removes the need to IPO, makes a mess of our equity issue and who knows what it would do to our Section 6.

These guys play for keeps.
I thought it might be a possibility when SAVE was $60. Now at $38, does it still make sense to do a stock purchase of F9, or would it mean burning up additional cash reserves on top of stock to buy someone? SAVE valuation is down 33% in 2017, and $1.5B of market cap has evaporated. Seems like NK is a bargain at $2.6B now, maybe they're for sale.
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