Who will buy us
05-27-2022 | 01:22 PM
#21
SDQ Base Chief
Joined: Mar 2006
Posts: 6,085
Likes: 46
From: 320 CA
So long as there are heavy divestitures in NYC, United would get a ton of use out of us with very little overlap elsewhere. Those they don't really need us, would be to keep us away from one of the other two below:
Southwest , so long as they could handle the new fleet type, would gain immensely from us. Little overlap anywhere it matters. HUGE and needed entry way into NYC for them and the Caribbean. If they were wise they'd use us for transcons and Hawaii too w/Mint.
Last but not least, Alaska in an act of desperation to save two cornered animals from capture by someone else individually.
Delta has no use for us, American is too big.
That's it.
Southwest , so long as they could handle the new fleet type, would gain immensely from us. Little overlap anywhere it matters. HUGE and needed entry way into NYC for them and the Caribbean. If they were wise they'd use us for transcons and Hawaii too w/Mint.
Last but not least, Alaska in an act of desperation to save two cornered animals from capture by someone else individually.
Delta has no use for us, American is too big.
That's it.
I think your assumption about WN wanting another fleet type is off base and can’t see that as a realistic option for them. Despite all the jawboning from them during the MAX problems they had zero action. Adding Mint class at WN would be a no go too.
I could see AS, but the two companies are both stubborn and want to lead the combined carrier with their own brand vs AS becoming JB or vice versa.
Could we see something out of the box like a foreign carrier taking a minority ownership in JB? Maybe someone like BA so we can be their little regional feeder in BOS/JFK?
05-27-2022 | 05:23 PM
#22
SDQ Base Chief
Joined: Mar 2006
Posts: 6,085
Likes: 46
From: 320 CA
https://sec.report/Document/0001193125-22-162303/
Scott H. Group
Analyst, Wolfe Research LLC
QAnd, Robin, what if – I’m sure you love the hypotheticals, but if June 10 doesn’t go your way, what is the path forward on this transaction from there?
Robin Hayes
Chief Executive Officer & Director, JetBlue Airways Corp.
AYeah. I mean...
Scott H. Group
Analyst, Wolfe Research LLC
QIs there a path forward?
Robin Hayes
Chief Executive Officer & Director, JetBlue Airways Corp.
AI mean, obviously, I’ll keep thoughts private in certain areas, but I’ll say this. I mean, at the end of the day, we were doing this because we felt it was a tremendous way to accelerate our organic plan and to bring more low fares and better service to more customers more quickly, and bring the JetBlue effect into more markets. If we are unsuccessful, which we don’t anticipate to be the case, but if we were, then we would go back to our organic plan because I think it’s something that we felt very comfortable with, and we will continue to execute to.
Scott H. Group
Analyst, Wolfe Research LLC
QIs there something specific about accelerating that plan with Spirit where it couldn’t be with somebody else?
Robin Hayes
Chief Executive Officer & Director, JetBlue Airways Corp.
AWell, I mean, we’re not – I’m not going to – again, some things are best left as a secret.
Analyst, Wolfe Research LLC
QAnd, Robin, what if – I’m sure you love the hypotheticals, but if June 10 doesn’t go your way, what is the path forward on this transaction from there?
Robin Hayes
Chief Executive Officer & Director, JetBlue Airways Corp.
AYeah. I mean...
Scott H. Group
Analyst, Wolfe Research LLC
QIs there a path forward?
Robin Hayes
Chief Executive Officer & Director, JetBlue Airways Corp.
AI mean, obviously, I’ll keep thoughts private in certain areas, but I’ll say this. I mean, at the end of the day, we were doing this because we felt it was a tremendous way to accelerate our organic plan and to bring more low fares and better service to more customers more quickly, and bring the JetBlue effect into more markets. If we are unsuccessful, which we don’t anticipate to be the case, but if we were, then we would go back to our organic plan because I think it’s something that we felt very comfortable with, and we will continue to execute to.
Scott H. Group
Analyst, Wolfe Research LLC
QIs there something specific about accelerating that plan with Spirit where it couldn’t be with somebody else?
Robin Hayes
Chief Executive Officer & Director, JetBlue Airways Corp.
AWell, I mean, we’re not – I’m not going to – again, some things are best left as a secret.
