Blue horseshoe loves Bluestar Airliines
02-13-2024 | 06:22 AM
#31
Line Holder
Joined: Jan 2008
Posts: 427
Likes: 27
From: A320 CA
It's getting real hard after all the bad news.
Unprofitable, shrinking/pullback, merger denied, and now this. I try to be glass half full but honestly, I'm at the point where I'm updating the logbook (gonna take a while). I have decent seniority here and want to work here, but reading and hearing stories about him and TWA are terrifying. This is just another place he can get money out of and then move on, leaving us broke or jobless. In this case, I'm not willing to "take a breath" while people like him swoop in.
Unprofitable, shrinking/pullback, merger denied, and now this. I try to be glass half full but honestly, I'm at the point where I'm updating the logbook (gonna take a while). I have decent seniority here and want to work here, but reading and hearing stories about him and TWA are terrifying. This is just another place he can get money out of and then move on, leaving us broke or jobless. In this case, I'm not willing to "take a breath" while people like him swoop in.
The company seems to making the right decisions for our recovery, so I hate to see all that tainted by some old, self serving hack thats going to die in the next few years.
02-13-2024 | 06:43 AM
#32
Line Holder
Joined: Oct 2016
Posts: 200
Likes: 59
02-13-2024 | 06:51 AM
#33
Line Holder
Joined: Oct 2016
Posts: 200
Likes: 59
It's getting real hard after all the bad news.
Unprofitable, shrinking/pullback, merger denied, and now this. I try to be glass half full but honestly, I'm at the point where I'm updating the logbook (gonna take a while). I have decent seniority here and want to work here, but reading and hearing stories about him and TWA are terrifying. This is just another place he can get money out of and then move on, leaving us broke or jobless. In this case, I'm not willing to "take a breath" while people like him swoop in.
Unprofitable, shrinking/pullback, merger denied, and now this. I try to be glass half full but honestly, I'm at the point where I'm updating the logbook (gonna take a while). I have decent seniority here and want to work here, but reading and hearing stories about him and TWA are terrifying. This is just another place he can get money out of and then move on, leaving us broke or jobless. In this case, I'm not willing to "take a breath" while people like him swoop in.
02-13-2024 | 06:54 AM
#34
Line Holder
Joined: Oct 2016
Posts: 200
Likes: 59
Theres 2 options. Go elsewhere, or buckle up. No sense in getting all worked up. I'm trying not to anyways.....
The company seems to making the right decisions for our recovery, so I hate to see all that tainted by some old, self serving hack thats going to die in the next few years.
The company seems to making the right decisions for our recovery, so I hate to see all that tainted by some old, self serving hack thats going to die in the next few years.
02-13-2024 | 06:57 AM
#35
Gets Weekends Off
Joined: Feb 2018
Posts: 201
Likes: 0
Reminds me of this at NK during Covid
Spirit Airlines adopts 'poison pill,' to be exercisable if an investor acquires 10% of the shares outstanding
https://www.marketwatch.com/story/sp...ing-2020-03-30
02-13-2024 | 07:06 AM
#36
Line Holder
Joined: Aug 2019
Posts: 369
Likes: 10
How much power will one voice on a board of several have (if hes even given a seat at the table)?
At 87 years old, is Icahn actually running the show of "icahn enterprises" or is he just the face at this point?
Excuse my naivety
At 87 years old, is Icahn actually running the show of "icahn enterprises" or is he just the face at this point?
Excuse my naivety
02-13-2024 | 07:14 AM
#37
Line Holder
Joined: Jan 2008
Posts: 427
Likes: 27
From: A320 CA
02-13-2024 | 07:52 AM
#38
Line Holder
Joined: Jul 2011
Posts: 476
Likes: 1
I don’t think so, it was more of a,”hey look, someone else agrees”.
The bottom line is Ichan sees value in JB, even if he gets a board seat it doesn’t mean he will sell it off but by bit. He don’t do it with eBay, he didn’t do it with Tropicana Casinos and he’s not doing it with the companies he currently has board seats and controlling interest in.
TWA was a mess, and TWA ALPA brought Icahn in! these are not the same times or the same situations.
https://www.chicagotribune.com/1985/...rd-with-icahn/
Maybe everyone take a breath. Including me.
The bottom line is Ichan sees value in JB, even if he gets a board seat it doesn’t mean he will sell it off but by bit. He don’t do it with eBay, he didn’t do it with Tropicana Casinos and he’s not doing it with the companies he currently has board seats and controlling interest in.
TWA was a mess, and TWA ALPA brought Icahn in! these are not the same times or the same situations.
https://www.chicagotribune.com/1985/...rd-with-icahn/
Maybe everyone take a breath. Including me.
02-13-2024 | 08:05 AM
#40
On Reserve
Joined: May 2017
Posts: 59
Likes: 0
I think everyone’s reaction is based on a HUGE amount of emotion at this point. Yes, this could be a disaster for JetBlue, but it’s way too early to know. Looking back at what happened to TWA almost 40 years ago isn’t completely fair. The companies themselves are different, the economic environment is different, the political environment is different, and the laws are different. The only thing that is exactly the same is that TWA and JetBlue are both airlines (hence the emotion). The fact that TWA happened should open everyone’s eyes to the possibilities. I think over the next few months, when the emotion cools off and people find their heads we will learn more. Definitely NOT the news I wanted to see, but nothing we can do about it right now.
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