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Originally Posted by Ted Striker
(Post 3869475)
My money is still on Alaska at some point during this administrations term. It would coast through most regulation hurdles. I think Icahn and that other investor that jumped in recently are cost around $6ish. I could see them wanted to cash out via merger/acquisition and walk w/ the bag at 2-3x. These guys are too smart to want to hold onto airline stock long term. To be honest it would probably be better for all employees long term. To be folded into a full service national network. Jb, no profits for 6+ years, hoping to just break even 2025. We need to be cranking out 100’s of millions of dollars in profit per quarter for the next 5+ years just to keep this train running long term. An East coast only airline just isn't built for long term survivability/profitability. Way too many obstacles.. wx, atc, costs, competition. We have no real advantage over any carrier to charge a premium. I certainly hope jetforward works and I’m wrong.
I also think JB needs to show some profits so potential partners know we aren’t going into Ch11 (no bargain basement deals). |
AS has a lot of work on the Hawaiian buyout before going after another airline. Joint CBA, single operating cerrtificate, SLI, going from a single type to five, long haul augmented flying, The Amazon freighter contract, etc.
The market is happy so far according to the stock price. |
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