Sprint/T-mobile Merger lead to JB Merger?
Read today that DOJ is to possibly announce this week the approval of the Sprint/T-mobile merger:
https://www.bizjournals.com/kansasci...e-deal-by.html Have also read several articles that if this were to happen that we could see one or two airline mergers announced this year. Here is one that I most current articles I read: https://www.bizjournals.com/seattle/...-approval.html I know that there are tons of rumors and have scrolled through the forums about JB merging with another airline... but does anyone think that it could become a reality if this is approved? Just curious of others thoughts. |
Yea, I posted over on BP about it too.
2018 wireless market share: 35% Verizon 34% AT&T 17% TMobile 12% Sprint 2018 airline market share (roughly): 18% AA 18% SWA 17% Delta 15% United 6% Alaska 6% JetBlue Each industry has 4 companies controlling a vast majority of market share. If Tmobile/Sprint happens then that industry goes to 3 carriers controlling 98% market share. I don't think it would be unreasonable for that to set the stage for the airline sector to at least go to 4 airlines controlling 85% market share (Alaska and JB both being gobbled up by larger carriers). Source: https://www.statista.com/statistics/...subscriptions/ https://www.statista.com/statistics/...g-us-airlines/ |
Originally Posted by Flyby1206
(Post 2857323)
Yea, I posted over on BP about it too.
2018 wireless market share: 35% Verizon 34% AT&T 17% TMobile 12% Sprint 2018 airline market share (roughly): 18% AA 18% SWA 17% Delta 15% United 6% Alaska 6% JetBlue Each industry has 4 companies controlling a vast majority of market share. If Tmobile/Sprint happens then that industry goes to 3 carriers controlling 98% market share. I don't think it would be unreasonable for that to set the stage for the airline sector to at least go to 4 airlines controlling 85% market share (Alaska and JB both being gobbled up by larger carriers). Source: https://www.statista.com/statistics/...subscriptions/ https://www.statista.com/statistics/...g-us-airlines/ |
So...Jetblue and Sun Country?
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Originally Posted by usmc-sgt
(Post 2857416)
So...Jetblue and Sun Country?
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Originally Posted by Beacon32
(Post 2857408)
Thx for the info, very interesting. Buffet said he wanted to see 4 carriers as well and usually the money men get what they want, so we shall see...
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Originally Posted by Flyby1206
(Post 2857435)
Do you have a quote for Buffet saying he wants 4 carriers? He has significant investments in the Big 4, so it makes sense.
"It was a terrible business for about 80 years," Munger, 93, said at an event last week in Los Angeles. "But finally they got down to four big railroads and it was a better business. And something similar is happening in the airline business." |
Thanks for the insight!
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Originally Posted by Beacon32
(Post 2857458)
I read it a while back, It looks like it’s from Berkshire’s Vice Chairman, not Buffet, talking about historical railroad consolidation to four large railroads and how it relates to airline consolidation.
"It was a terrible business for about 80 years," Munger, 93, said at an event last week in Los Angeles. "But finally they got down to four big railroads and it was a better business. And something similar is happening in the airline business." |
Someone will buy JetBlue and someone will buy Alaska? Is that what the article is getting at?
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