Maybe that was a hint that the 190 is sticking around…

 

Strongly doubt that.

 

Merger terminated? Ichan's nose under the tent? What say you?

Fingers crossed for all the bros/siss at B6.

 

"The reason activism works so well is that, somewhat unfortunately, many public companies are not well run. It is very difficult and expensive to remove a poorly-performing CEO and board. And that is why so few investors today employ true activism. Fortunately for IEP and its unitholders, we are in a unique position to be activists. Given our track record, our stable capital base, and our willingness to launch proxy contests (which are extremely arduous and expensive to conduct and even more so to win), we are frequently invited into the tent without ever having to take aggressive actions. To that end, we currently have 25 board seats in our disclosed public company investments."

"We encourage all of our companies to pursue spin-offs and asset sales when they create value, improve leadership in key positions and help manage and settle complex litigation. We often find ourselves investing in companies that are temporarily out of favor and/or contain hidden jewels. We have continued to pick our spots and find new, exciting activist opportunities, including the recently announced positions in American Electric Power Company, Inc. (ticker: AEP) and JetBlue Airways Corp. (ticker: JBLU) within our Investment segment."

They're going to need more than crossed fingers. 🤣

 

 

Does this mean you guys aren’t going to fly to Hawaii. Thought both JetBlue and Frontier were considering it.

 

I’d be shocked if we started Hawaii. I think this is setting the stage for an AS/HA codeshare and eventual merger.

 

This I agree with 100%; the Barbell Strategy including West Coast + Asia/Pacific on AS/HA side and East Coast + Europe/Atlantic on B6 side, plus both sides alliance’s and international code shares agreements, is truly the only combination that will eventually really compete with the Big3.

That being said, it will take many years and a new administration (DOJ) to execute; as well as both sides Board of Directors willing to either operate as a “group” and retain 3 separate brands, or someone is gonna have to budge and be willing to give up the brand.

That’s gonna take a powerful influencer to abandon the brands; I think a group similar to the Lufthansa group might actually be plausible, and may help get across the DOJ hurdles as well.

 

JetBlue to Hawaii......yeah ummm I'd rank that about as likely as JFK-Tehran

 

I wouldn't say that. LAX-Hawaii is in their wheelhouse. More so than LAX-DEN. Certainly more plausible than Tehran lol.