Frontier stalling IPO until September

Subscribe
1  2 
Page 1 of 2
Go to
https://www.bloomberg.com/news/artic...east-september
Reply
They pushed pause on their IPO because of a comment from a competitor? Were they ready for this to begin with?
Reply
Simply ridiculous. The IPO has nothing to do with what anyone from United said.
Kirbys reaching also. "This shows what Frontier was doing wasn't working". Right. Top of the pile profit margin and highest load factor, but it's not working.

Kirby could take a lesson from Kelly. He understands the ULCC threat and whether it's working or not.
Reply
Quote: Simply ridiculous. The IPO has nothing to do with what anyone from United said.
Enlighten us please then, oh insightful one: what changed in Frontier's appraisal of itself as an investment grade entity that led to this IPO being deferred?
Reply
Quote: Enlighten us please then, oh insightful one: what changed in Frontier's appraisal of itself as an investment grade entity that led to this IPO being deferred?

Maybe a buyout?
Reply
Quote: Enlighten us please then, oh insightful one: what changed in Frontier's appraisal of itself as an investment grade entity that led to this IPO being deferred?
Just some WAG's

Maybe they feel they can get a even better price on their stock once the expansion proves successful.

Maybe they're budgeting their time and energy - rearranging priorities.

Maybe by postponing the IPO, it generates a lot of press reports, that happen to coincide with the new route announcements, which brings more awareness to the pending IPO.
Reply
Co-inside?!?!?!
Reply
Quote: Co-inside?!?!?!

I'm an idiot. Fixed it. Thank you!
Reply
Quote: Simply ridiculous. The IPO has nothing to do with what anyone from United said.
Kirbys reaching also. "This shows what Frontier was doing wasn't working". Right. Top of the pile profit margin and highest load factor, but it's not working.

Kirby could take a lesson from Kelly. He understands the ULCC threat and whether it's working or not.
If the DIA terminal "enhancements" are approved it's not going to matter - DIA costs will go through the roof again
Reply
Personally I'd like to think Indigo is waiting for 29SEP to see how much their pilot labor costs will rise. It won't be insignificant to their cost structure and they all but denied the possibility of a significant raise in labor costs within their S1 filing (for the IPO).

12 total days are remaining at the negotiating table to reach an a AIP, that is the expectation set by the NMB. No AIP means the next step in the RLA process, the NMB has already alluded to that. The union won't agree to arbitration, so it would go to a cooling off period; the company knows this fact.

More agreements have been made in the past two sessions than all the sessions in previous 14 months combined. Our time is coming. Maybe then all the legacy trolls will have to go back into hiding.😉🖕🏻
Reply
1  2 
Page 1 of 2
Go to