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Old 09-20-2023 | 07:35 AM
  #13731  
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Originally Posted by los74
B6 stock is forecasted to be below $4.00 by next week. Open door invitation for a hostile take over.
By who? F9? Allegiant?

If the DOJ is $hitting bricks over the possibility of B6 and NK becoming a single airline, what would they think of B6 being bought by a legacy or SWA?
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Old 09-20-2023 | 08:01 AM
  #13732  
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Originally Posted by Excargodog
By who? F9? Allegiant?

If the DOJ is $hitting bricks over the possibility of B6 and NK becoming a single airline, what would they think of B6 being bought by a legacy or SWA?
Agreed. If we go BK we get sold off to the ULCCs in parts.
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Old 09-20-2023 | 08:45 AM
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Originally Posted by MainlineFlyer
Agreed. If we go BK we get sold off to the ULCCs in parts.
And Delta, UAL, AA have huge job fairs to grab any available pilots.

Five years from now we’re all legacy pilots making more than we did at JetBlue… and thinking “remember when we used to fly all those redeyes at JetBlue?”
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Old 09-20-2023 | 08:52 AM
  #13734  
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Originally Posted by MainlineFlyer
Agreed. If we go BK we get sold off to the ULCCs in parts.
Going bankrupt and getting liquidated are two hugely different processes. Chapter 11 vs Chapter 7.

I do think there is a solid chance we wind up in chapter 11 bankruptcy in the next 5-7 yrs, but no way we liquidate.
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Old 09-20-2023 | 08:58 AM
  #13735  
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Originally Posted by MainlineFlyer
Agreed. If we go BK we get sold off to the ULCCs in parts.
Nope. You reorganize under Chapter 11. The last major US pax airline that went Chapter 7 was TWA in 2001.
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Old 09-20-2023 | 12:18 PM
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And whatever happened to TWA?
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Old 09-20-2023 | 01:50 PM
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Originally Posted by Excargodog
Nope. You reorganize under Chapter 11. The last major US pax airline that went Chapter 7 was TWA in 2001.
For the sake of accuracy TWA never went Ch 7…. They went Ch 11 in concert with the purchase agreement by AA being announced the day before.

Last edited by Desdi; 09-20-2023 at 02:05 PM.
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Old 09-21-2023 | 02:24 AM
  #13738  
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Originally Posted by TransWorld
And whatever happened to TWA?

I think they went into the hotel business instead.
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Old 09-21-2023 | 04:40 AM
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Hopefully year 1 and 2 pay rates will be sufficient while you sell the Tesla, plane, boat and McMansion .
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Old 09-21-2023 | 07:52 AM
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Originally Posted by los74
B6 stock is forecasted to be below $4.00 by next week. Open door invitation for a hostile take over.
…but we have a new Peacock paint job!
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