Jetblue Buyout ?
03-20-2007 | 01:38 PM
#11
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From: A320 CA
So that's a bad thing? A Blue Captain eventually gets to fly a 777?
03-20-2007 | 04:54 PM
#12
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From: Retired 767 Captain
That isn`t what "staple method" means. The purchased company`s seniority list gets stapled to the bottom of the buying air line`s list. The senior captain on the purchased air line`s list is below the junior copilot on the buying air line`s list. Sounds fair.
03-20-2007 | 05:08 PM
#13
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From: B-757 Captain
Stapled may not be as bad of a thing as "fenced." Ask any former Republic pilot from the 80s now flying with NWA. My uncle wasn't able to upgrade past the 9 (Republic's original equipment) for like 10 years or so. And he was unable to bid 74 captain even though he is senior to left-seaters...
Red list, green list (or blue list) fences. Not sure what it was called.
Red list, green list (or blue list) fences. Not sure what it was called.
03-20-2007 | 07:08 PM
#14
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From: CA
Well, just a guess. I would bet that there could possibly be a staple and a fence on equipment as well as domicile. I truly do not feel that any B6 pilot would be piloting a 777 for DL...a fence would stop that. Honestly, if something were to heppen I would just hope to have a job in the end.
I also agree, no need in worrying about it until the anouncement. Rumor is just that until it is sitting on the ramp. I am just wondering what others might have heard on this. Besides...rumors are fun.
I also agree, no need in worrying about it until the anouncement. Rumor is just that until it is sitting on the ramp. I am just wondering what others might have heard on this. Besides...rumors are fun.
03-21-2007 | 04:36 AM
#15
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From: 767ER capt
We're hearing the Jet Blue rumor alot at Delta. I'll believe it when I see it. In our iteration of the rumor, we are primarily interested in the terminal and the E-jets.
The problems with this are: (1) Are the E-jets' problems worked out? (2) Do we want a new aircraft type? (We've been working toward a 777/767/757/737 fleet) (3) Will Delta's operation fit into that terminal? We're talking alot of wide bodies put into a terminal designed for narrow bodies.
FWIW, a staple job is highly unlikely. Why would we want an angry subgroup of pilots in our midst? A fence would be very likely, though.
The problems with this are: (1) Are the E-jets' problems worked out? (2) Do we want a new aircraft type? (We've been working toward a 777/767/757/737 fleet) (3) Will Delta's operation fit into that terminal? We're talking alot of wide bodies put into a terminal designed for narrow bodies.
FWIW, a staple job is highly unlikely. Why would we want an angry subgroup of pilots in our midst? A fence would be very likely, though.
03-21-2007 | 09:47 AM
#16
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Merger
No matter how any merger works. Someone is gonna be mad. Some mergers seems to be more amicable than others (AA vs TWA not being one of them) but someone is still going to be at the bottom and not happy about it.
I don't remember all the details about either merger but it seems that Delta and Western went fairly smoothly while Delta and Pan Am left the Pan Am guys holding the short end of the stick.
I don't remember all the details about either merger but it seems that Delta and Western went fairly smoothly while Delta and Pan Am left the Pan Am guys holding the short end of the stick.
03-21-2007 | 02:43 PM
#19
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From: A320
JB has $600mill of unrestricted cash, so it could do the buying if F9 was something they need, but not the other way around. f9 does not have the cash ( almos 3bill market cap) and JB does not have enough asset to be the target of a leveraged buyout , so F9 buying JB totally on Unsecured debt would be a recipe for instant financial disaster.
I don't see jb buying f9 either, at the very least the similarities between PX and JB would be too mch for any investor to bear ( remeber the dissastrous buyout of original frontier by PX?) .
I would love to see JB and F9 join together and have a DEN base, but I don't see it.
how about UAL buying JB? similar 320's ,more East coast presence for UAL and 190's ( and eliminating a pesky LCC )
I don't see jb buying f9 either, at the very least the similarities between PX and JB would be too mch for any investor to bear ( remeber the dissastrous buyout of original frontier by PX?) .
I would love to see JB and F9 join together and have a DEN base, but I don't see it.
how about UAL buying JB? similar 320's ,more East coast presence for UAL and 190's ( and eliminating a pesky LCC )
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