Stifel teases up some airline M&A
10-21-2019, 06:57 AM
#1
Gets Weekends Off
Thread Starter
Joined APC: Apr 2019
Posts: 330
Stifel teases up some airline M&A
https://seekingalpha.com/news/350727...ases-airline-m
Stifel teases up some airline M&A
Clark SchultzOct. 21, 2019 10:32 AM ET
Stifel turns positive on JetBlue (JBLU +4.5%) with an interesting M&A angle in the mix beyond the favorable view on JetBlue's valuation.
The firm sees some logic to Southwest Air (LUV +0.1%) buying either JetBlue or Alaska Air (ALK +2.6%).
The M&A wildcard is a large part of the reason that Stifel drops LUV to a Hold rating and elevates JBLU to a Buy rating.
Stifel teases up some airline M&A
Clark SchultzOct. 21, 2019 10:32 AM ET
Stifel turns positive on JetBlue (JBLU +4.5%) with an interesting M&A angle in the mix beyond the favorable view on JetBlue's valuation.
The firm sees some logic to Southwest Air (LUV +0.1%) buying either JetBlue or Alaska Air (ALK +2.6%).
The M&A wildcard is a large part of the reason that Stifel drops LUV to a Hold rating and elevates JBLU to a Buy rating.
10-21-2019, 05:44 PM
#2
Gets Weekends Off
Joined APC: Apr 2011
Position: retired 767(dl)
Posts: 5,723
Originally Posted by docav8tor
https://seekingalpha.com/news/350727...ases-airline-m
Stifel teases up some airline M&A
Clark SchultzOct. 21, 2019 10:32 AM ET
Stifel turns positive on JetBlue (JBLU +4.5%) with an interesting M&A angle in the mix beyond the favorable view on JetBlue's valuation.
The firm sees some logic to Southwest Air (LUV +0.1%) buying either JetBlue or Alaska Air (ALK +2.6%).
The M&A wildcard is a large part of the reason that Stifel drops LUV to a Hold rating and elevates JBLU to a Buy rating.
Stifel teases up some airline M&A
Clark SchultzOct. 21, 2019 10:32 AM ET
Stifel turns positive on JetBlue (JBLU +4.5%) with an interesting M&A angle in the mix beyond the favorable view on JetBlue's valuation.
The firm sees some logic to Southwest Air (LUV +0.1%) buying either JetBlue or Alaska Air (ALK +2.6%).
The M&A wildcard is a large part of the reason that Stifel drops LUV to a Hold rating and elevates JBLU to a Buy rating.
10-22-2019, 02:25 AM
#3
Gets Weekends Off
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,596
Originally Posted by badflaps
What would be the point of JBLU?
If they’ve finally bought into the fleet diversification philosophy then this would make some sense.
10-22-2019, 07:32 AM
#4
Gets Weekends Off
Thread Starter
Joined APC: Apr 2019
Posts: 330
Originally Posted by WHACKMASTER
Lucrative BOS & NYC market, a strong Carib / northern S. America route structure (where SWA has openly & repeatedly voiced their desire to expand to), large A220 order lined up, new long-range A321s on order, too.
If they’ve finally bought into the fleet diversification philosophy then this would make some sense.
If they’ve finally bought into the fleet diversification philosophy then this would make some sense.
10-23-2019, 05:54 AM
#6
Gets Weekends Off
Thread Starter
Joined APC: Apr 2019
Posts: 330
Originally Posted by WHACKMASTER
Now then.....the question on my mind is could SWA actually afford to purchase JBA in the first place?
11-15-2019, 05:59 AM
#7
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 39,183
Originally Posted by docav8tor
SWA had roughly $4B in cash and nearly double that in stock. They have enough to buy HA, NK and/or potentially B6 in a cash/stock acquisition.
02-25-2020, 07:40 PM
#8
Line Holder
Joined APC: Feb 2020
Posts: 32
Originally Posted by docav8tor
SWA had roughly $4B in cash and nearly double that in stock. They have enough to buy HA, NK and/or potentially B6 in a cash/stock acquisition.
Thread
Thread Starter
Forum
Replies
Last Post
