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-   -   Spirit stock down 24% .... a buy out by (https://www.airlinepilotforums.com/spirit/123137-spirit-stock-down-24-buy-out.html)

FNGFO 08-14-2019 07:40 AM

Takeover? By who? WestJet or was that a typo?

Sniper66 08-14-2019 09:36 AM


Originally Posted by FNGFO (Post 2870037)
Takeover? By who? WestJet or was that a typo?




Stock offering by a major for the acquisition I see
No cash

At 58 it will be a huge premium and the BOD of save will either say yes or no

I see it happening

Macjet 08-14-2019 09:42 AM

For the love of all things holy don't let it be Southwest.

CAirBear 08-14-2019 10:14 AM


Originally Posted by Sniper66 (Post 2870026)
Word is out at WS
Save is a Buy out target
They also have some cash which is attractive to a future buyer of Save


58 per share offer and the board will decide

You have to have sources to be taken seriously.

If something like this happens, it better be a legacy (preferably not AA - unless we bring/keep our work rules and QOL) Their rules are atrocious.

king10pin02 08-14-2019 10:32 AM


Originally Posted by CAirBear (Post 2870131)
You have to have sources to be taken seriously.

If something like this happens, it better be a legacy (preferably not AA - unless we bring/keep our work rules and QOL) Their rules are atrocious.

doubt the DOT would allow LUV to buy another low cost carrier

Sniper66 08-14-2019 10:40 AM


Originally Posted by king10pin02 (Post 2870140)
doubt the DOT would allow LUV to buy another low cost carrier



Consolidation of Low cost has been a talk over the last 6 years
During the last recession the legacies consolidated

During this upcoming recession the low cost will consolidate

Watch it happening

Who and with who to be seen

Sniper66 08-14-2019 10:42 AM


Originally Posted by CAirBear (Post 2870131)
You have to have sources to be taken seriously.

If something like this happens, it better be a legacy (preferably not AA - unless we bring/keep our work rules and QOL) Their rules are atrocious.




Things happen very discreet due to regulations
No sources just talk at WS at the moment
SAVE has cash and the possibility is there
That’s all the talk for now

WHACKMASTER 08-14-2019 11:03 AM


Originally Posted by Macjet (Post 2870105)
For the love of all things holy don't let it be Southwest.

Not gonna happen. The Airbus can’t be dumbed down to SWA’s level :D

WHACKMASTER 08-14-2019 11:04 AM

However....someone is buying Spirit. Of that I’m fairly confident.

CAirBear 08-14-2019 12:14 PM


Originally Posted by Sniper66 (Post 2870146)
Things happen very discreet due to regulations
No sources just talk at WS at the moment
SAVE has cash and the possibility is there
That’s all the talk for now

It’s all speculation at this point. I understand the lower the share price the more of a chance a takeover/buyout could happen, but you imply like you know this for certain - even going as far as saying $58 a share. Do you spend time on WS on your 4 days off or something?

This certainly isn’t the first time in my career my carrier was getting bought. Funny how it never seems to happen.


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