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Old 03-31-2017 | 05:58 PM
  #7601  
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Originally Posted by Mugatu
That's interesting. Our equity stake is a percentage. If that's the case then it's very easy to value the company for this IPO.
Yes, but a percentage of what specifically?
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Old 03-31-2017 | 06:03 PM
  #7602  
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Originally Posted by PulledBreaker
Yes, but a percentage of what specifically?
I edited my previous post explaining.
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Old 03-31-2017 | 06:06 PM
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I don't think it's appropriate to specify FAPAInvest percentage, if that's what you're asking. Nor the structure of the payout to the pilots on APC
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Old 03-31-2017 | 06:13 PM
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Originally Posted by Mugatu
I don't think it's appropriate to specify FAPAInvest percentage, if that's what you're asking. Nor the structure of the payout to the pilots on APC
Specifics aren't really that important. From what I can tell, Frontier is going to try and settle the pilot equity claim this year before FRNT's market capitalization grows. Just like they did with the FAs.
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Old 03-31-2017 | 06:15 PM
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I will say it won't be as much as some think it will be. It won't make people adjust their retirement date.
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Old 03-31-2017 | 06:17 PM
  #7606  
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So nobody has an opinion on the bent of the NMB and whether or not they'll be of help to us?
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Old 03-31-2017 | 06:20 PM
  #7607  
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Originally Posted by PulledBreaker
Specifics aren't really that important. From what I can tell, Frontier is going to try and settle the pilot equity claim this year before FRNT's market capitalization grows. Just like they did with the FAs.
There's no way in hell that'll happen. The FA's had a "me too" clause and even that was weak. I think they were lucky they got anything. BB and the FAPAInvest board will tell Franke and Biffle to pound sand if they try to buy FAPAInvest out. It's rock solid.
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Old 03-31-2017 | 06:39 PM
  #7608  
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Originally Posted by Mugatu
There's no way in hell that'll happen. The FA's had a "me too" clause and even that was weak. I think they were lucky they got anything. BB and the FAPAInvest board will tell Franke and Biffle to pound sand if they try to buy FAPAInvest out. It's rock solid.
Since I'm not involved with fapa invest, it's really none of my business. I hope it works out for the best for you guys.

What I'm now focused on is the mediator and the negotiating committee's ability to quantify the company's economic conditions. Specifically the $392,000,000 EBTIDA, and the company's admittance of external competitive upward wage pressure of unionized pilot labor.
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Old 03-31-2017 | 06:48 PM
  #7609  
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Originally Posted by PulledBreaker
So fiscal year ending 2016, Frontier has $612,000,000 in cash and $1,341,000,000 in total assets.
That looks like a little more than 67 reasons why we will win on the 20th.
Granted we only win the right to negotiate in good faith.....Ha!
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Old 03-31-2017 | 07:09 PM
  #7610  
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One of the most discerning points came out in the company release/email today.

"Possible future employee incentive plans; or"

What does that mean? It's lumped in with the quiet period conditions. Negotiations over?

To take a line out of "MissedApproaches" playbook, it's PATHETIC.
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