JetBlue bids for Spirit Airlines
05-02-2022, 03:00 PM
#631
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,887
Originally Posted by SaintNick
care to give a quick summary of details of how they looked after their own only.
Let's START with the fact that Spirit has been planning this for the last couple of years, without ever soliciting a competing purchase bid from any other airlines. In the case of M&A, the board is required to seek the best return for the shareholders, how can it be known if a higher value/price can't be found elsewhere if you never sought any other proposals, and if Robin is to be believed, refused to discuss the details of the bid?
05-02-2022, 03:04 PM
#632
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,887
Originally Posted by Popeye0537
Cornering the ULCC market, that track record. I'm not jumping for joy, I actually wanted the B6 merger to go through but my seniority would have taken a bigger hit. I believe B6 has a great product but I also don't think they can compete and win against the Major 4 airlines without someone as large as we were.
I just hate that it's Frontier, I mean the horror stories are real, I actually talked to a guy getting investigated because he commuter claused to work, and he actually got to base 1 hour late. They refused to pay him, what kind of bs is that?
I just hate that it's Frontier, I mean the horror stories are real, I actually talked to a guy getting investigated because he commuter claused to work, and he actually got to base 1 hour late. They refused to pay him, what kind of bs is that?
05-02-2022, 03:28 PM
#633
Gets Weekends Off
Joined APC: Aug 2007
Posts: 2,002
Originally Posted by Bluedriver
JB has been competing, surviving and in many cases winning, slowly, against the big 4 for over 20 years.
05-02-2022, 03:31 PM
#634
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,887
With such diametrically opposed offers, either a lot more cash now, or maybe, possibly, could be, might be, maybe someday, the F9 offer might increase in value to maybe possibly meet or exceed the B6 offer, years from now, maybe... With that disparity in offers, NK management should be putting these offers up for a choice vote with shareholders.
If they aren't willing to do that, not willing to hear other serious offers for the company, one must ask themselves why not? The answer becomes more clear when you do that mental exercise.
If they aren't willing to do that, not willing to hear other serious offers for the company, one must ask themselves why not? The answer becomes more clear when you do that mental exercise.
05-02-2022, 03:34 PM
#635
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,887
Originally Posted by nuball5
I feel like JetBlue got a real kickstart post 9/11 when all the Legacies were furloughing as part of the lost decade. Just because JetBlue has thrived in the past two decades, doesn’t necessarily mean the next two will go as well. Especially with an ever increasing pilot shortage and a management team that can’t seem get out of their own way. I’ve got a lot riding on this, so obviously hoping for the best.
We desperately need some vision in LSC, and pretty much a full C-suite replacement. They are failing, and wasting the great potential of this company.
05-02-2022, 03:39 PM
#636
Perennial Reserve
Joined APC: Jan 2018
Posts: 11,538
Originally Posted by Bluedriver
If they aren't willing to do that, not willing to hear other serious offers for the company, one must ask themselves why not? The answer becomes more clear when you do that mental exercise.
05-02-2022, 03:39 PM
#637
Gets Weekends Off
Joined APC: Jan 2018
Posts: 2,241
Originally Posted by Popeye0537
Cornering the ULCC market, that track record. I'm not jumping for joy, I actually wanted the B6 merger to go through but my seniority would have taken a bigger hit. I believe B6 has a great product but I also don't think they can compete and win against the Major 4 airlines without someone as large as we were.
I just hate that it's Frontier, I mean the horror stories are real, I actually talked to a guy getting investigated because he commuter claused to work, and he actually got to base 1 hour late. They refused to pay him, what kind of bs is that?
I just hate that it's Frontier, I mean the horror stories are real, I actually talked to a guy getting investigated because he commuter claused to work, and he actually got to base 1 hour late. They refused to pay him, what kind of bs is that?
05-02-2022, 03:51 PM
#638
Gets Weekends Off
Joined APC: Mar 2016
Position: 320 Captain
Posts: 172
Originally Posted by Bluedriver
With such diametrically opposed offers, either a lot more cash now, or maybe, possibly, could be, might be, maybe someday, the F9 offer might increase in value to maybe possibly meet or exceed the B6 offer, years from now, maybe... With that disparity in offers, NK management should be putting these offers up for a choice vote with shareholders.
If they aren't willing to do that, not willing to hear other serious offers for the company, one must ask themselves why not? The answer becomes more clear when you do that mental exercise.
If they aren't willing to do that, not willing to hear other serious offers for the company, one must ask themselves why not? The answer becomes more clear when you do that mental exercise.
05-02-2022, 03:55 PM
#639
Gets Weekends Off
Joined APC: Jun 2021
Posts: 228
Wait I know what could happen Elon musk buys B6 lol.
05-02-2022, 04:08 PM
#640
Gets Weekends Off
Joined APC: Jan 2008
Position: blueJet
Posts: 4,515
Originally Posted by IWalkJun12
Crew in EWR waiting for their hotel shuttle as we walked by said hello and got in our shuttle...
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