Blue horseshoe loves Bluestar Airliines
02-16-2024, 12:13 PM
#101
Line Holder
Joined APC: Oct 2016
Posts: 69
Originally Posted by Bluedriver
I would imagine if he had his way JB would terminate the agreement for cause, and never risk an overturn on appeal.
02-16-2024, 12:29 PM
#102
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,881
Originally Posted by gottagetout
Im sure that’s coming. Looks like an agreement on 2 board seats is being finalized.
I'm sure his investment wants no part in an expensive acquisition and integration. All just a guess though.
02-16-2024, 12:32 PM
#103
Gets Weekends Off
Joined APC: Nov 2015
Posts: 1,378
Originally Posted by Bluedriver
I would imagine he will push them to terminate for cause, and deal with the legal consequences afterward.
I'm sure his investment wants no part in an expensive acquisition and integration. All just a guess though.
I'm sure his investment wants no part in an expensive acquisition and integration. All just a guess though.
yikes, Goodluck To Jb people.
02-16-2024, 12:35 PM
#104
Line Holder
Joined APC: Oct 2016
Posts: 69
Originally Posted by Bluedriver
I would imagine he will push them to terminate for cause, and deal with the legal consequences afterward.
I'm sure his investment wants no part in an expensive acquisition and integration. All just a guess though.
I'm sure his investment wants no part in an expensive acquisition and integration. All just a guess though.
02-16-2024, 01:03 PM
#109
I'm Blue
Joined APC: Aug 2020
Posts: 128
Originally Posted by Tranquility
It'll be interesting to see who gets the boot on the board....
Carl Icahn nears deal for JetBlue board seats - WSJ Reuters
02-16-2024, 01:15 PM
#110
Gets Weekends Off
Joined APC: Sep 2015
Posts: 105
Originally Posted by TransWorld
My experience is Icahn does not merge airlines and grow them. My experience is he strips them of assets. More likely his profit after he strips the bones clean, than create a merged and growing new airline. I have been watching him closely for about 25:years.
I agree 1000 percent. I feel bad for the Jet Blue folks. I have dealt with this guy back in the 90s.He is not going to
merge the airline unless he can use their assets to make more money with it. Aka Ozark airlines. Bought it merged it then took all the planes that were paid for sold them to himself"leasing company " and paid himself a ton. Then made money on the leases. Sold landing slots. How many slots does JetBlue have at JFK?
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