Connect and get the inside scoop on Airline Companies

Welcome to Airline Pilot Forums - Connect and get the inside scoop on Airline Companies

If this is your first visit, be sure to check out the FAQ. Join our community today and start interacting with existing members. Registration is fast, simple and absolutely free.


User Tag List

Post Reply
 
Thread Tools Search this Thread Display Modes
Old 10-21-2019, 07:57 AM   #1  
Line Holder
Thread Starter
 
Joined APC: Apr 2019
Posts: 38
Default 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.
docav8tor is offline  
Old 10-21-2019, 06:44 PM   #2  
Gets Weekends Off
 
Joined APC: Apr 2011
Position: retired 767(dl)
Posts: 4,593
Default

Quote:
Originally Posted by docav8tor View Post
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.
What would be the point of JBLU?
badflaps is offline  
Old 10-22-2019, 03:25 AM   #3  
Gets Weekends Off
 
WHACKMASTER's Avatar
 
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 2,848
Default

Quote:
Originally Posted by badflaps View Post
What would be the point of JBLU?
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.
WHACKMASTER is offline  
Old 10-22-2019, 08:32 AM   #4  
Line Holder
Thread Starter
 
Joined APC: Apr 2019
Posts: 38
Default

Quote:
Originally Posted by WHACKMASTER View Post
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.
^^^^^this^^^^^
docav8tor is offline  
Old 10-23-2019, 12:18 AM   #5  
Gets Weekends Off
 
WHACKMASTER's Avatar
 
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 2,848
Default

Now then.....the question on my mind is could SWA actually afford to purchase JBA in the first place?
WHACKMASTER is offline  
Old 10-23-2019, 06:54 AM   #6  
Line Holder
Thread Starter
 
Joined APC: Apr 2019
Posts: 38
Default

Quote:
Originally Posted by WHACKMASTER View Post
Now then.....the question on my mind is could SWA actually afford to purchase JBA in the first place?
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.
docav8tor is offline  
 
 
 

 
Post Reply
 



Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes


Related Topics
Thread Thread Starter Forum Replies Last Post
Airline M&A: A Bidding War for AS, B6? jetliner1526 Major 17 05-06-2018 10:59 AM
M&A rumors jetliner1526 Mergers and Acquisitions 3 07-26-2016 09:48 PM


All times are GMT -8. The time now is 03:20 PM.