You mean like to get around the foreign investment/ownership laws? You should tell the feds about that. Interresting that a Delta line pilot would be privy to something like that, though. Or is this just some wild, unsubstantiated romour?

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Not only that, he can roll them into his little fake "US investor" guaranteed and bonded by foreign money 10% annual return scheme for more "US" funds.

However savvy a businessman he is, this is just beer money to him. He knows he can't take it with him and playing with airplanes and spaceships in the US is his number one fantasy.

As with anything, it all comes down to "interpretation". Screw the spirit of the law and all that. He found a loophole that we refuse to close that allows personal funding basically by pseudo-corporate charity. This is his baby and he will waste billions on it. Mere tens of millions is petty cash to him.

Wild unsubstantiated romours are something new to me. :D

BTW, it is interesting but not unreasonable, remember Delta line pilots are pretty damn smart. ;)

Sir Richard has stated in public he regrets not being involved in the original JetBlue deal. But, B6 is already 20% owned by Lufthansa and they are not exactly best pals with Virgin Atlantic, although the BMI deal may change the relationship. Lufthansa has a seat at the Board of Directors table, so not sure I see them approving a VA acquisition, besides Sir Richard likes to be in control and he would not have a vote in the new B6 company after a VA purchase.

As far as Frontier, I agree it would be a good acquisition for JetBlue, however, there is a reason they lost 100+ million recently, the premium revenue just does not exist in their markets that JetBlue desires. Why go up against UCal and WN when they have a dominant position in the region.

The real Tie-Up that would make sense for JetBlue growth and dominance in the NewYork, Caribbean and Latin American expansion would be for B6 to buy Spirit. Upgrade Spirits product and gain a dominant position in East Coast business market as well as International Growth, that is where the revenue is.

Thats funny. Could it be that youre just jealous of VX and the fact that "this Delta pilot" will be pulling gear for the next 18 years?? Seriously just get over yourself my friend. Branson couldnt give a donkey terd less about a busted down, out of touch F9 operation..... or buying a failing US airline. All he has to do is watch inept airline CEO'S run their prospective operations into BK and exiting from the business. And it costs him zero.

Mark my words, this will not happen. Just because other idiot CEO’s have attempted the move doesn’t mean one of our industry’s smartest regional strategist will.

Also SkyWest less than $500M COH not $1B since we've purchased XJT who’s bleeding money, invested millions in Asia for a startup operating CR9's with ASA pilots, millions more in Brazil with Trip Airlines and lent United something like $129M. Jerry and friends are too smart to attempt a move on Frontier; they'd rather play overseas where the money's better with less competition and maintain their FFD contracts domestically.

As I posted on another thread, this is not a "sale" of Frontier Airlines.

Bedford and the RAH BoD are looking for an initial investor to put down $100 million or so as the majority owner of the airline. The other minority owners will be RAH and the Frontier Pilots.

They will then IPO Frontier just like Spirit IPO'd last year.

After the IPO, all bets are off. The potential multiple here for PE is huge. Look at the Luftansa/JB deal. Luftansa plunked down more than $300 million in exchange for 20% ownership. At Frontier the price of admission will be $100 million in exchange for 50+% ownership.

In the grand scheme of things, $100 million is NOTHING in the PE world. When you look at the potential return on investment, you will see a few of the familiar faces lining up for this opportunity.

I'm a VX pilot. That was my attempt at sarcasm. So, no, I am not jealous of VX. Nor do I care if Forgot To Bid "pulls gear" now or ever. He's relatively well paid and works for a good company. Good for him.