Capacity Reduction / Hiring Freeze
03-17-2020, 03:07 PM
#131
Gets Weekends Off
Joined APC: Jan 2016
Posts: 234
Originally Posted by ULLI
We all know that they have tons of money. We also know they don't like to loose money.
Nothing is stopping them from walking away and starting a new airline once everything is settled with 200+Airbus orders they have.
Nothing is stopping them from walking away and starting a new airline once everything is settled with 200+Airbus orders they have.
I’m just saying... Indigo may be flush with cash, but as of today our airline is worth about $500m if you can rationalize that with Spirit being worth $800m (market cap). AA is valued at about ~$7b. There is no way in hell you’re selling a merger/hostile takeover to AA without billions. It’s a pipe dream.
03-17-2020, 03:08 PM
#132
Gets Weekends Off
Joined APC: Dec 2012
Posts: 2,110
This is complete speculation but I would be surprised if f9 could not secure some of the total bailout dollar amount. That’s based on last time. I have no idea what the fact we’re not publicly traded will mean if anything? Loans at this point are for later in the recovery cycle (for f9 anyhow). IF some of the same metrics are used for determining viability that we’re used last time we have one of the strongest argument of any carrier. We have 700 plus million now with an additional 200 in some sort of negotiable savings/equity. Today it doesn’t seem as if domestic is going to shut down so if we can right size to meet whatever demand does exist as quickly as possible that will stop some bleeding. In the end it really depends on how long it takes to get to the downside of the virus curve.
Last edited by fcoolaiddrinker; 03-17-2020 at 03:48 PM.
03-17-2020, 03:10 PM
#133
Gets Weekends Off
Joined APC: Jan 2016
Posts: 234
Originally Posted by fcoolaiddrinker
This is complete speculation but I would be surprised if f9 could not secure some of the total bailout dollar amount. That’s based on last time. I have no idea what the fact we’re not publicly traded will mean if anything? Loans at this point are for later in the recovery cycle. IF some of the same metrics are used for determining viability that we’re used last time we have one of the strongest argument of any carrier. We have 700 plus million now with an additional 200 in some sort of negotiable savings/equity. Today it doesn’t seem as if domestic is going to shut down so if we can right size to meet whatever demand does exist as quickly as possible that will stop some bleeding. In the end it really depends on how long it takes to get to the downside of the virus curve.
03-17-2020, 03:13 PM
#135
Gets Weekends Off
Joined APC: Dec 2012
Posts: 2,110
Originally Posted by sobo
To be honest, maybe not taking a bailout will put F9 in a competitive position depending on the terms of a bailout. Indigo Partners may have the cash to float the airline till demand comes back versus taking a bailout.
03-17-2020, 03:14 PM
#136
Gets Weekends Off
Joined APC: Jan 2016
Posts: 234
Originally Posted by ULLI
I don't really understand what you mean by this.
I am saying, If Frontier is valued at $500m and AA $7b how does that provide any sort of grounds for a merger since typically mergers are by firms of equal size. If there was to be an acquisition, Indigo Partners would have to come up with billions in cash to facilitate that.
03-17-2020, 03:33 PM
#137
Gets Weekends Off
Joined APC: Dec 2012
Posts: 2,110
Originally Posted by NWSteeringArmer
I was just researching this... kind of curious where bailout money goes... from what I read, it goes to companies whose demise would adversely affect the the infrastructure or economy of the US... probably not going to be frontier, especially since they are a privately held company... im failing to see how frontier makes it through this... what am I missing??
Last edited by fcoolaiddrinker; 03-17-2020 at 03:44 PM.
03-17-2020, 03:46 PM
#138
Gets Weekends Off
Joined APC: Feb 2014
Posts: 556
Originally Posted by sobo
A previous comment was stated that maybe we will merge with AA.
I am saying, If Frontier is valued at $500m and AA $7b how does that provide any sort of grounds for a merger since typically mergers are by firms of equal size. If there was to be an acquisition, Indigo Partners would have to come up with billions in cash to facilitate that.
I am saying, If Frontier is valued at $500m and AA $7b how does that provide any sort of grounds for a merger since typically mergers are by firms of equal size. If there was to be an acquisition, Indigo Partners would have to come up with billions in cash to facilitate that.
Definitely interesting times
03-17-2020, 04:18 PM
#139
Gets Weekends Off
Joined APC: Feb 2018
Posts: 224
Instead of speculation on who is merging who or buying what, let us get back to things that matter.
Schools across country are closing for the remainder of the year. Do we have any pilot support committee's in the union? I know we got the email saying the company isnt working with us, but are we still trying? Any updates on schedules? Etc...let's make this a place to share current info to help others. Not speculation and nonsense (yes I know it's APC).
Schools across country are closing for the remainder of the year. Do we have any pilot support committee's in the union? I know we got the email saying the company isnt working with us, but are we still trying? Any updates on schedules? Etc...let's make this a place to share current info to help others. Not speculation and nonsense (yes I know it's APC).
03-17-2020, 04:57 PM
#140
Gets Weekends Off
Joined APC: Dec 2012
Posts: 2,110
Originally Posted by therapysession
Instead of speculation on who is merging who or buying what, let us get back to things that matter.
Schools across country are closing for the remainder of the year. Do we have any pilot support committee's in the union? I know we got the email saying the company isnt working with us, but are we still trying? Any updates on schedules? Etc...let's make this a place to share current info to help others. Not speculation and nonsense (yes I know it's APC).
Schools across country are closing for the remainder of the year. Do we have any pilot support committee's in the union? I know we got the email saying the company isnt working with us, but are we still trying? Any updates on schedules? Etc...let's make this a place to share current info to help others. Not speculation and nonsense (yes I know it's APC).
Last edited by fcoolaiddrinker; 03-17-2020 at 05:14 PM.
Thread
Thread Starter
Forum
Replies
Last Post
Southerncowboyz
Major
1
10-25-2006 06:13 AM
