Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major
JetBlue not pulling any punches… >

JetBlue not pulling any punches…

Search
Notices
Major Legacy, National, and LCC

JetBlue not pulling any punches…

Thread Tools
 
Search this Thread
 
Old 05-18-2022, 05:03 PM
  #31  
Gets Weekends Off
 
Joined APC: Jan 2018
Posts: 1,788
Default

Originally Posted by FlippingCups View Post
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.
The point, that you are willfully missing, is that it was clearly a BS projection. You cannot sit here and tell anyone with a straight face that you believe Spirit management honestly “projected” zero increase in labor costs for the next 5 years including their pilot group. Sorry. Not buying it. B6 didn’t buy it. They’re confident that the shareholders wont buy it either.

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.
FNGFO is offline  
Old 05-19-2022, 03:52 AM
  #32  
Gets Weekends Off
 
Joined APC: Feb 2022
Posts: 443
Default

I was wondering if they really wanted spirit or if they were offering to expose the situation when Spirit turned down an obvious better deal for an obvious reason.
Round Luggage is offline  
Old 05-19-2022, 09:12 AM
  #33  
Line Holder
 
Joined APC: Apr 2022
Position: A320 captain
Posts: 91
Default

Originally Posted by Wingedbeast View Post
JB just wants to take out what they see as a future threat. Spirit isn't going to get any smaller and if they merge with frontier they will be an even bigger thorn in the side of airlines such as alaska and jb.
Yes it really is that simple.
DEM1933 is offline  
Old 05-19-2022, 09:23 AM
  #34  
Covfefe
 
Joined APC: Jun 2015
Posts: 3,001
Default

Originally Posted by DEM1933 View Post
Yes it really is that simple.
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.
BeatNavy is offline  
Old 05-19-2022, 09:41 AM
  #35  
Gets Weekends Off
 
Joined APC: Jan 2018
Posts: 1,788
Default

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.
FNGFO is offline  
Old 05-19-2022, 10:33 AM
  #36  
Line Holder
 
Joined APC: Apr 2022
Position: A320 captain
Posts: 91
Default

Originally Posted by BeatNavy View Post
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.
You complain about emotional drivel, but my comment was actually intended to remove the emotional drivel. I guess I didn’t get that across, but I’m no CEO, just a simple heavy equipment operator.
DEM1933 is offline  
Old 05-19-2022, 10:35 AM
  #37  
Line Holder
 
Joined APC: Apr 2022
Position: A320 captain
Posts: 91
Default

Originally Posted by FNGFO View Post
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.
I agree with this completely. The Frontier deal just moved it from the back burner to the front.
DEM1933 is offline  
Old 05-19-2022, 10:41 AM
  #38  
Covfefe
 
Joined APC: Jun 2015
Posts: 3,001
Default

Originally Posted by DEM1933 View Post
You complain about emotional drivel, but my comment was actually intended to remove the emotional drivel. I guess I didn’t get that across, but I’m no CEO, just a simple heavy equipment operator.
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.
BeatNavy is offline  
Old 05-19-2022, 10:46 AM
  #39  
Line Holder
 
Joined APC: Apr 2022
Position: A320 captain
Posts: 91
Default

Originally Posted by BeatNavy View Post
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.
Completely agree
DEM1933 is offline  
Old 05-19-2022, 11:49 AM
  #40  
Gets Weekends Off
 
Joined APC: May 2015
Posts: 459
Default

Originally Posted by BeatNavy View Post
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.
You keep swinging and keep missing. It’s not emotional as you put it. Although robins musings certainly appear so. Business decision as you put is and to rapidly scale ? Out west ? There’s plenty of other airlines You can purchase for airplanes and pilots. Hell you even failed once at at trying that. As I suspect this will fail. The west has been open since Lewis and Clark . You coulda bought planes, scaled, focused on middle America, and grown wherever you wanted and whenever you wanted. This misguided notion that you Want us to supplement your growth plans or expand or do whatever it is you wanna do, woulda seemed more plausible had you made ANY of these moves Prior to our merger announcement. It’s really obvious to many it’s a play to box out a future competitor. You have the legacies on one side, now a potential low cost disruptor on the other, all while the Omni present powerhouse that is southwest is everywhere. There’s plenty of other carriers you can marry or acquire. Hell go buy frontier .. but knocking on our door un solicited and offering a purchase is a door you coulda knocked on anytime. And since you keep saying it’s all business falls flat as well. Pursuing a company that you admit will cause a lawsuit by Uncle Sam, and facing a protracted court battle and divestitures seems shrewd business to you? Spending what you say is your weight in market cap to buy one airline to scale up and move out ‘west’ Seem wise use is resources? Maybe you do.. But the very nature of the Timing, aggressiveness, and propaganda clearly shows to many this is a move that certainly appears defensive in nature. And JetBlue BOD keeps trying to win the hearts and minds campaign of the spirit shareholders. News flash they don’t care one iota about the spirit shareholders. They wanna dangle a carrot big enough to bite then be rid of them , and rid yourself of a competitor in one swoop.

Last edited by FlyGuy2002; 05-19-2022 at 12:21 PM.
FlyGuy2002 is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
ERJ135
Major
95
02-05-2018 09:14 AM
Gman
Major
34
04-12-2007 08:43 PM
fireman0174
JetBlue
6
08-24-2006 05:06 PM
LeeFXDWG
JetBlue
16
05-02-2006 08:30 AM
RockBottom
Major
1
04-21-2006 04:02 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices