Can we buy Spirit's Airbus delivery slots ?

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01-26-2024, 05:26 AM

#21

DrSmacFum

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Joined APC: Aug 2019

Posts: 235

https://twitter.com/specialsitsnews/...tgF46XgscpVfQQ

"JetBlue warns Spirit may be terminable after January 28th"

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001158463/a9ed09ea-fad4-40c2-8a50-c23a73409168.pdf

01-26-2024, 05:35 AM

#22

CatPilot1

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Joined APC: Jul 2023

Posts: 239

Quote:

Originally Posted by DrSmacFum

the current deal. Probably want out of this one so they can offer a new one. Opens it up to Frontier again.

01-26-2024, 05:35 AM

#23

DrSmacFum

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Joined APC: Aug 2019

Posts: 235

Quote:

Originally Posted by CatPilot1

the current deal. Probably want out of this one so they can offer a new one.

My thoughts/hopes as well. Good move either way

01-26-2024, 07:01 AM

#24

Bluedriver

The REAL Bluedriver

Joined APC: Sep 2011

Position: Airbus Capt

Posts: 6,881

Quote:

Originally Posted by CatPilot1

the current deal. Probably want out of this one so they can offer a new one. Opens it up to Frontier again.

I don't think they want a new deal, probably better terms on this current deal.

If they cancel this deal, the process probably starts over from square one. DOJ sues to block the new deal, full new court case.

Renegotiate this current deal, can be heard soon by the appeals court.

Or they really want to walk.

01-26-2024, 08:03 AM

#25

APCHCLIMB

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Posts: 388

Quote:

Originally Posted by CatPilot1

the current deal. Probably want out of this one so they can offer a new one. Opens it up to Frontier again.

Im no legal or business expert….. but the problem with the first deal going through had nothing to do with the low low price JB was offering. Just sayin

01-27-2024, 03:29 AM

#26

Opakapaka

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Joined APC: Oct 2013

Posts: 208

Quote:

Originally Posted by APCHCLIMB

Im no legal or business expert….. but the problem with the first deal going through had nothing to do with the low low price JB was offering. Just sayin

if I'm B6 I wait now for Spirits demise and just buy some assets, like planes and gates. Cheaper

01-27-2024, 04:11 AM

#27

Supermid

On Reserve

Joined APC: Jul 2023

Posts: 22

Quote:

Originally Posted by Opakapaka

if I'm B6 I wait now for Spirits demise and just buy some assets, like planes and gates. Cheaper

Unfortunately, I agree.

01-27-2024, 04:41 AM

#28

Wasntme

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Joined APC: Jan 2024

Posts: 142

Quote:

Originally Posted by Opakapaka

if I'm B6 I wait now for Spirits demise and just buy some assets, like planes and gates. Cheaper

that was the strategy with Virgin America. guess what happened.

01-27-2024, 04:58 AM

#29

StoneQOLdCrazy

Bent over by buybacks

Joined APC: Feb 2017

Posts: 517

Quote:

Originally Posted by Opakapaka

if I'm B6 I wait now for Spirits demise and just buy some assets, like planes and gates. Cheaper

Yes. Because B6 wil be the only ones in the industry interested in those assets.

there will be a global bidding war for the planes. Not sure B6 has the means to make it happen.

But I’m sure Schumer will intervene again and get B6 a sweetheart deal in routes and gates.

01-27-2024, 08:11 AM

#30

CatPilot1

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Joined APC: Jul 2023

Posts: 239

Quote:

Originally Posted by Opakapaka

if I'm B6 I wait now for Spirits demise and just buy some assets, like planes and gates. Cheaper

Airbus would pay big money for Spirit to sell back contracts. Airbus knows they can come out big against the Max 10 issues. Airbus has even said they hope to find airlines and creditors to sell back orders. Airbus wants a bigger piece of United. JB will only end up with Spirit orders if they somehow pull a rabbit out a hairy hole via this deal, or some modified deal. JB will not win some kind of win fall if Spirit goes under, they will be hurt by it. The big 3 will become stronger.