Originally Posted by los74

With the $141 million loss (probably higher) in Q3 which includes August and September there is plenty of room to be concerned. B6 is posting losses 3 out of the 4 quarters. B6 is having the financial phone call via web as a listen only, so no questions allowed from investors. In three months B6 has lost 66% of share value which says the investors do not trust or have realized B6 is full of it and they are leaving the building. B6 always blames the weather, the NE, the E-190 and the everything else except the lack of competent people running the show and the horrible operations B6 runs. What load factor does B6 need to have to make a profit? The planes are almost full which means B6 needs about 100% load factor to make money. Historically airlines need to have a load factor of 60% to make a profit. The story that we operate out of the NE is old news and B6 decided to operate out of the NE so figure it out. All carriers operate out of the NE so B6 is not alone. The E190 excuse is also old news and those that are paid for should be used until there are enough A220s with the major mechanical issues with this airplane solved. Probably the most important thing is that B6 needs real new management and exterminate many unnecessary management positions to become lean and efficient.

Originally Posted by Bgood

While I agree with some of what you said, my take on the "Listen Only" choice from B6 is the fact that the Merger trial starts today. Any questions answered there could be taken out of context by the DOJ and used in the ongoing case with not much time for B6 to come up with a thorough response. They are pretty much trying to avoid curve balls, is what I think. If you look at NK, they have chosen to not have a Q3 earnings call at all, and I believe it's also for this very same reason. In my opinion, if that is the case, that's a good move.

"You have the right to remain silent. Anything you say can and will be held against you in a court of law."

Originally Posted by panpanpan

…and in the one day since this post another half of billion dollars has been wiped out from Spirit’s market cap. Market cap is currently down to 1.2 billion.

Originally Posted by panpanpan

…and in the one day since this post another half of billion dollars has been wiped out from Spirit’s market cap. Market cap is currently down to 1.2 billion.

Originally Posted by panpanpan

…and in the one day since this post another half of billion dollars has been wiped out from Spirit’s market cap. Market cap is currently down to 1.2 billion.

Originally Posted by CincoDeMayo

How many times do people need to be told “market cap” isn’t the factor here, hardly ever is; especially since it’s larger than JBLUs.

Originally Posted by panpanpan

So the fact that the market is essentially pricing in that the deal will be rejected and that Spirit will possibly face bankruptcy is not a factor? I think it’s very relevant.