Anyone else getting concerned?
10-30-2023 | 10:37 AM
#1
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Anyone else getting concerned?
That Jetblue is paying 3.8 billion for a company that is now worth 1.5 billion and possibly facing bankruptcy in the future? And if the deal is shot down the break up fee is 400 million? Either way it seems like this may not end well.
10-30-2023 | 11:01 AM
#2
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From: 320 F.O.
it sounds like the perfect time to buy the stock. Turn 13 into 31 in a couple of months.. or you can just put all on Black😎
10-30-2023 | 11:41 AM
#3
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From: Admiral
Are we talking about what the stock is worth, or what the assets are worth. Because those are 2 different things
10-30-2023 | 11:48 AM
#4
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Spirits plan is/was to have 297 airplanes by 2027. For us to purchase new airplanes, we would spend nearly 30 billion. Granted, planes lose value etc, so the replacement cost isn't very accurate.
there is also the huge cost opirtunity to get their order book and not have to go to the back of the line.
this also doesn't include the cost opportunity of instantly getting the pilots and training center. Even at what we are paying, I think we are getting a phenomenal deal.
there is also the huge cost opirtunity to get their order book and not have to go to the back of the line.
this also doesn't include the cost opportunity of instantly getting the pilots and training center. Even at what we are paying, I think we are getting a phenomenal deal.
10-30-2023 | 12:13 PM
#5
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From: what???
I've seen analysts saying they believe Jetblue will negotiate a lower purchase price under the material adverse change clause. So I wouldn't be counting on the $31.
10-30-2023 | 12:14 PM
#6
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Joined: Oct 2015
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Spirits plan is/was to have 297 airplanes by 2027. For us to purchase new airplanes, we would spend nearly 30 billion. Granted, planes lose value etc, so the replacement cost isn't very accurate.
there is also the huge cost opirtunity to get their order book and not have to go to the back of the line.
this also doesn't include the cost opportunity of instantly getting the pilots and training center. Even at what we are paying, I think we are getting a phenomenal deal.
there is also the huge cost opirtunity to get their order book and not have to go to the back of the line.
this also doesn't include the cost opportunity of instantly getting the pilots and training center. Even at what we are paying, I think we are getting a phenomenal deal.
10-30-2023 | 12:29 PM
#7
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From: 320 F.O.
Well I think massive amounts of law suits from the share holders at the time of the vote would ensue as that was agreed upon price to make this deal happen. They might have to put it to another vote for a different price. It would be tough to get done with the DOJ lawsuit only to have it unraveled over a few dollars per share.
10-30-2023 | 12:35 PM
#9
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And no, Spirit is not anywhere close to bankruptcy.
10-30-2023 | 12:42 PM
#10
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From: what???
Well I think massive amounts of law suits from the share holders at the time of the vote would ensue as that was agreed upon price to make this deal happen. They might have to put it to another vote for a different price. It would be tough to get done with the DOJ lawsuit only to have it unraveled over a few dollars per share.
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