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Originally Posted by spooldup
(Post 4001378)
Spirit is nosediving because of a **** show of problems that all happened at once, which ended up being the nail in the coffin because of their huge debt load, something we don't have here at F9. . The picture looks a lot worse than that. Frontier is definitely next. Using aircraft deals to mask up operating losses, their only strategy is just to be the last ulcc standing. And it might actually work since it’s hard to believe all form of budget airlines not existing in the US market. But as someone that has family that uses frontier a lot, their operation is a joke. They only put up with it because its cheap and they don’t have to be on time |
I would not be surprised once BF is no longer involved for one reason or another, his son, heir apparent will liquidate F9
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Originally Posted by nycporsche911
(Post 4001945)
I would not be surprised once BF is no longer involved for one reason or another, his son, heir apparent will liquidate F9
While I have had the same thought and am out of here. Let’s not put that out in the open. There are a lot of great people here who for one reason or another haven’t left or it doesn't make sense to leave. So for them let’s not. This place is one thing or the other constantly but I don’t wish anyone here to go through such a thing. Everyone has ideas of what’s good for them and some believe F9 is the best option. While I have disagreed on many occasions, I’m not sitting here making them feel bad for the choice of staying. Wish all the peeps the best, just as they do for me. |
Originally Posted by nycporsche911
(Post 4001945)
I would not be surprised once BF is no longer involved for one reason or another, his son, heir apparent will liquidate F9
Indigo is Franke’s legacy, not Frontier. His son will protect that or the investors will flee. |
I agree with you wholeheartedly. Protecting the legacy is the operative issue indeed for Indigo and their vested parties. Let's face it, F9 is a sinking ship with only a hope to survive rather than a cogent plan. Why would Franke Jr. not prune the dying fruit on the vine to preserve the family tree?
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Frontier transports over 30 million passengers a year.
This is a billion-dollar company doing $4 billion in revenue. There are hundreds of millions tied up in credit card transactions, billions in lease obligations, and hundreds of millions more committed to future aircraft deliveries. This isn’t something you just shrug off or walk away from because of a couple rough quarters. |
Originally Posted by nycporsche911
(Post 4002041)
I agree with you wholeheartedly. Protecting the legacy is the operative issue indeed for Indigo and their vested parties. Let's face it, F9 is a sinking ship with only a hope to survive rather than a cogent plan. Why would Franke Jr. not prune the dying fruit on the vine to preserve the family tree?
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Originally Posted by nycporsche911
(Post 4002041)
I agree with you wholeheartedly. Protecting the legacy is the operative issue indeed for Indigo and their vested parties. Let's face it, F9 is a sinking ship with only a hope to survive rather than a cogent plan. Why would Franke Jr. not prune the dying fruit on the vine to preserve the family tree?
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Originally Posted by Planedrive
(Post 4002044)
Frontier transports over 30 million passengers a year.
This is a billion-dollar company doing $4 billion in revenue. There are hundreds of millions tied up in credit card transactions, billions in lease obligations, and hundreds of millions more committed to future aircraft deliveries. This isn’t something you just shrug off or walk away from because of a couple rough quarters. It's a publicy traded company for God sake. Bills son isn't just going to set the planes out on his lawn for a garage sale. We are a multi billion dollar corporation. And one that was profitable last year! We aren't going anywhere. If Spirit is still flying, we are still flying. For a long time. JetBlue has lost 1.4 Billion dollars in the past 2 years. You think they are just going to liquidate? Of course not. We are both publicly traded companies. No difference at all. |
ELP airport closed for 10 days? Did the cartels plant a huge bomb or something?
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