JetBlue not pulling any punches…
#31
Gets Weekends Off
Joined APC: Jan 2018
Posts: 1,788
Dude, you just argued my whole point... this projection is presented NOW. But with projections, in the back of your mind you can project now knowing with a merger with a specific company that it can be totally different. This is why I say it is a tactic, but you dont see the tactic. There is nothing illegal about putting forth a "projection of costs" during talks that you know "may possibly or will" change in the near future. It happens in all business all the time. Seen it 100 times. Both sides are arguing their point. Come time for a JCBA which is a year away or more, everything is different and Spirit management is FORCED because of "market forces" to come to the table. Almost every airline will be giving pay raises across the board. This is why I say from my original post that I am not worried, come negotiation time, I expect Franke to push back of course, but the end of the day the pilots will get close to what they want. Only because Franke really has no choice. I know Franke isn't the greatest guy in the world, we all know that, but he is not stupid either. This isnt 2010. Im confident with F9 merger also, it will be a good JCBA.
Really what this comes down to is you have a nice thing going in Florida and fear a B6 merger will end your occasional day turn schedule. Fair enough. I don’t want to get displaced to Florida and commute for much of the remainder of my career either. That’s more likely with B6. We all have our personal motivations. I think an F9 merger could be a good thing once they get past the next 5-7 years where an inability to attract crews en masse will prevent the growth you think is a given. So I prefer the best option for me now with a product that might have national appeal if it’s allowed to gain the size, bases and gates to attract customers who otherwise don’t have a chance at the product.
#33
Line Holder
Joined APC: Apr 2022
Position: A320 captain
Posts: 91
#34
Covfefe
Joined APC: Jun 2015
Posts: 3,001
Except it’s not. To ignore the offensive side of the acquisition is just silly. Jetblue isn’t paying over $4bn (when you factor in the cash cost of the transaction plus the cost of integration) to almost double their Airbus fleet and associated crews, add bases and expand west, just to eliminate a competitor? That’s 1) illegal and 2) not what is happening. It isn’t that hard. It’s an opportunity to rapidly scale outside of their existing networks in a time where airplanes and pilots are constrained and a finite resource. Is there a defensive component in there? Yes. In FLL, clearly. But I guarantee you no airline will borrow cash, the amount of which is greater in size than their entire market cap, to eliminate a competitor in essentially one city.
I’m against the B6/NK merger from a personal desire standpoint, and some other reasons, but the emotional drivel I see mostly from F9 guys, and some NK guys who are emotionally tied to becoming a world dominating ULCC, is getting tiresome.
I’m against the B6/NK merger from a personal desire standpoint, and some other reasons, but the emotional drivel I see mostly from F9 guys, and some NK guys who are emotionally tied to becoming a world dominating ULCC, is getting tiresome.
#35
Gets Weekends Off
Joined APC: Jan 2018
Posts: 1,788
The idea that B6 is doing this solely as a defensive measure is refuted by the fact that they’ve approached NK numerous times over the last number of years about this.
They were trying to do this for a long time before the merger announcement.
They were trying to do this for a long time before the merger announcement.
#36
Line Holder
Joined APC: Apr 2022
Position: A320 captain
Posts: 91
Except it’s not. To ignore the offensive side of the acquisition is just silly. Jetblue isn’t paying over $4bn (when you factor in the cash cost of the transaction plus the cost of integration) to almost double their Airbus fleet and associated crews, add bases and expand west, just to eliminate a competitor? That’s 1) illegal and 2) not what is happening. It isn’t that hard. It’s an opportunity to rapidly scale outside of their existing networks in a time where airplanes and pilots are constrained and a finite resource. Is there a defensive component in there? Yes. In FLL, clearly. But I guarantee you no airline will borrow cash, the amount of which is greater in size than their entire market cap, to eliminate a competitor in essentially one city.
I’m against the B6/NK merger from a personal desire standpoint, and some other reasons, but the emotional drivel I see mostly from F9 guys, and some NK guys who are emotionally tied to becoming a world dominating ULCC, is getting tiresome.
I’m against the B6/NK merger from a personal desire standpoint, and some other reasons, but the emotional drivel I see mostly from F9 guys, and some NK guys who are emotionally tied to becoming a world dominating ULCC, is getting tiresome.
#37
Line Holder
Joined APC: Apr 2022
Position: A320 captain
Posts: 91
I agree with this completely. The Frontier deal just moved it from the back burner to the front.
#38
Covfefe
Joined APC: Jun 2015
Posts: 3,001
I maintain that it’s simply a business decision that the suits in Long Island city feel makes sense for a multitude of reasons. Although it appears both management teams are using feigned emotions to further their case with the shareholders/Wall Street, and the pilots seem to be echoing those feigned emotions and getting actually emotional about it (to be expected as this will change the trajectory of career expectations in many ways for all 3 pilot groups). But, I just try to stay unemotional about it, as there’s zero any pilot at any of these 3 carriers can do to change the course of this.
#39
Line Holder
Joined APC: Apr 2022
Position: A320 captain
Posts: 91
It wasn’t directed at you, more at the guy(s) (like the one you quoted) who claim the sole purpose of spending probably over $5bn is to eliminate a competitor/future competitor (especially when the words “out of desperation” and the like are used).
I maintain that it’s simply a business decision that the suits in Long Island city feel makes sense for a multitude of reasons. Although it appears both management teams are using feigned emotions to further their case with the shareholders/Wall Street, and the pilots seem to be echoing those feigned emotions and getting actually emotional about it (to be expected as this will change the trajectory of career expectations in many ways for all 3 pilot groups). But, I just try to stay unemotional about it, as there’s zero any pilot at any of these 3 carriers can do to change the course of this.
I maintain that it’s simply a business decision that the suits in Long Island city feel makes sense for a multitude of reasons. Although it appears both management teams are using feigned emotions to further their case with the shareholders/Wall Street, and the pilots seem to be echoing those feigned emotions and getting actually emotional about it (to be expected as this will change the trajectory of career expectations in many ways for all 3 pilot groups). But, I just try to stay unemotional about it, as there’s zero any pilot at any of these 3 carriers can do to change the course of this.
#40
Gets Weekends Off
Joined APC: May 2015
Posts: 459
It wasn’t directed at you, more at the guy(s) (like the one you quoted) who claim the sole purpose of spending probably over $5bn is to eliminate a competitor/future competitor (especially when the words “out of desperation” and the like are used).
I maintain that it’s simply a business decision that the suits in Long Island city feel makes sense for a multitude of reasons. Although it appears both management teams are using feigned emotions to further their case with the shareholders/Wall Street, and the pilots seem to be echoing those feigned emotions and getting actually emotional about it (to be expected as this will change the trajectory of career expectations in many ways for all 3 pilot groups). But, I just try to stay unemotional about it, as there’s zero any pilot at any of these 3 carriers can do to change the course of this.
I maintain that it’s simply a business decision that the suits in Long Island city feel makes sense for a multitude of reasons. Although it appears both management teams are using feigned emotions to further their case with the shareholders/Wall Street, and the pilots seem to be echoing those feigned emotions and getting actually emotional about it (to be expected as this will change the trajectory of career expectations in many ways for all 3 pilot groups). But, I just try to stay unemotional about it, as there’s zero any pilot at any of these 3 carriers can do to change the course of this.
Last edited by FlyGuy2002; 05-19-2022 at 12:21 PM.
Thread
Thread Starter
Forum
Replies
Last Post