JetBlue bids for Spirit Airlines
04-05-2022, 12:58 PM
#31
That/It/Thang
Joined APC: Aug 2020
Posts: 2,848
Originally Posted by flyingpuma1
Maybe but one article I read said that JB offered 40% more. I don’t see Frontier matching that, but then again who knows….
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Interesting times
04-05-2022, 01:01 PM
#32
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,588
Originally Posted by Chimpy
How big is yalllls Newark Base. 2013 hire at Yellow and think I’m not going to like this at all. FML. Only thing worse is If SWA comes in and AirTrans either of us
04-05-2022, 01:04 PM
#33
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,881
Originally Posted by flyingpuma1
Maybe but one article I read said that JB offered 40% more. I don’t see Frontier matching that, but then again who knows….
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Maybe they do just let Spirit go without a fight, but I doubt it.
04-05-2022, 01:05 PM
#34
Perennial Reserve
Joined APC: Jan 2018
Posts: 11,502
Originally Posted by CincoDeMayo
Its a straight cash homie deal too. Like "Here is the cash, Spirit goes away, thanks." Versus the Frontier deal which has board seats, shares for current SAVE investors etc...
Interesting times
Interesting times
- (Harrison Ford) "What's the problem, Patrick?"
- (Richard Crenna) "No problem from our point of view. I feel like -- what's that word when a lot of guys are after you?"
- (Harrison Ford) "wh0re?"
- (Richard Crenna) "Hmm -- I was thinking more -- debutante."
04-05-2022, 01:07 PM
#35
That/It/Thang
Joined APC: Aug 2020
Posts: 2,848
Originally Posted by Bluedriver
Frontier doesn't have deep pockets, but the company that owns them does. If they don't raise their offer, and ultimately let Spirit go to JB, the value of their Frontier holding goes down as Frontier will have a harder time competing against a combined JB+NK. But what that's worth to them I have no idea.
Maybe they do just let Spirit go without a fight, but I doubt it.
Maybe they do just let Spirit go without a fight, but I doubt it.
04-05-2022, 01:09 PM
#36
Gets Weekends Off
Joined APC: Oct 2012
Position: 190 captain and “Pro-pilot”
Posts: 2,918
Originally Posted by BeatNavy
Where is pilotpayne. I think I have to give him cred for predicting this a couple years ago.
04-05-2022, 01:10 PM
#37
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,881
Originally Posted by CincoDeMayo
Or Franke plays the long game; doesnt negotiate against himself, keeps the offer, waits to see if the US Gov'ment rejects the bid, and then he can come in and offer again for Spirit.
With the fewer/no restrictions and/or strings attached, this might actually happen.
04-05-2022, 01:12 PM
#38
Gets Weekends Off
Joined APC: Nov 2015
Posts: 1,378
Originally Posted by Flyby1206
It is planned to open in June with about 80 crews, so pretty small but I wouldn’t worry. It’s not going to disappear. But those Spiritbros living in the exotic bases west of BUF might want to get ready for a move.
04-05-2022, 01:12 PM
#39
That/It/Thang
Joined APC: Aug 2020
Posts: 2,848
Originally Posted by Bluedriver
Yes, but we would the government decline JB but approve Frontier?
With the fewer/no restrictions and/or strings attached, this might actually happen.
With the fewer/no restrictions and/or strings attached, this might actually happen.
Its just so nice to be wanted, I feel so loved. Brothers dont shake hands, brothers got to hug
04-05-2022, 01:15 PM
#40
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,881
Well the strategy seems pretty clear. Either win the bid and buy an airline or worst case run the price way up on your competitor.
Alaska gonna get in on this action?
Alaska gonna get in on this action?
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