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-   -   F9 ipo (https://www.airlinepilotforums.com/frontier/133422-f9-ipo.html)

docav8tor 03-24-2021 05:31 AM


Originally Posted by gsaviator (Post 3210819)
For what it’s worth, I read several articles that said the ticker symbol was going to be “FRNT”.

That was the symbol in the previous IPO filing.

https://www.nasdaq.com/market-activity/stocks/ulcc

dracir1 03-24-2021 06:04 AM

So...

In terms of being an employee, I take it we're offered stock purchase just like the regular public? No preferred way to buy or 401k options?

I didn't see any stock discussion in the contract but maybe I need to go back and reread...

Aero1900 03-24-2021 06:05 AM

I don't think anything is official yet regarding employee options

PulledBreaker 03-24-2021 06:58 AM


Originally Posted by dracir1 (Post 3210826)
So...

In terms of being an employee, I take it we're offered stock purchase just like the regular public? No preferred way to buy or 401k options?

I didn't see any stock discussion in the contract but maybe I need to go back and reread...

The odds of Bill Franke selling his shares of Frontier at a discount to employees, are virtually nil. It appears that 50% of the shares being sold are his, the other 50% is new issuance equity by the company. The latter, most likely paying off the covid loans acquired last year. They need to get that CASM back down.

If we want to buy ULCC stock, it'll be on IPO day with the rest of the masses.

Aero1900 03-24-2021 07:01 AM


Originally Posted by PulledBreaker (Post 3210847)
The odds of Bill Franke selling his shares of Frontier at a discount to employees, are virtually nil. It appears that 50% of the shares being sold are his, the other 50% is new issuance equity by the company. The latter, most likely paying off the covid loans acquired last year. They need to get that CASM back down.

If we want to buy ULCC stock, it'll be on IPO day with the rest of the masses.

I think you are right. Kind of hard to imagine any other scenario

Powderkeg 03-24-2021 05:29 PM


Originally Posted by Aero1900 (Post 3210850)
I think you are right. Kind of hard to imagine any other scenario

Why? I’m not suggesting it’ll happen but it wouldn’t be the worst idea, as an owner, to have your employee group financially tied to the succes of the business.

Xdashdriver 03-24-2021 05:32 PM


Originally Posted by PulledBreaker (Post 3210847)
The odds of Bill Franke selling his shares of Frontier at a discount to employees, are virtually nil. It appears that 50% of the shares being sold are his, the other 50% is new issuance equity by the company. The latter, most likely paying off the covid loans acquired last year. They need to get that CASM back down.

If we want to buy ULCC stock, it'll be on IPO day with the rest of the masses.

I’m not sure we used any of the government loan money.

Powderkeg 03-24-2021 05:35 PM


Originally Posted by docav8tor (Post 3210791)
Exactly what I was thinking. It's the perfect symbol for a merger of two ULCC.

We aren’t merging. This is a great way to increase the number of hits Frontier gets on a Google search. If you search “ULCC” today you might get hits on NK, G4, F9 or even SW depending on the current news cycle. The longer this goes on the more often that search is going to put www.flyfrontier.com as the top hit.

JoeFever1 03-24-2021 06:41 PM


Originally Posted by Xdashdriver (Post 3211088)
I’m not sure we used any of the government loan money.

That’s what BB said at some point, maybe December or so

Bravo3 03-25-2021 07:11 PM


Originally Posted by Powderkeg (Post 3211085)
Why? I’m not suggesting it’ll happen but it wouldn’t be the worst idea, as an owner, to have your employee group financially tied to the succes of the business.

You can’t be serious? Are you? Nice thought but that’ll never happen.

There wont be any type of employee discount stock purchasing during the IPO. There won’t be any type afterwards either.


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