Spirit stock down 24% .... a buy out by

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08-14-2019 | 07:40 AM

#81

FNGFO

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

08-14-2019 | 09:36 AM

#82

Sniper66

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From: Captain

Quote:

Originally Posted by FNGFO

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

08-14-2019 | 09:42 AM

#83

Macjet

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

08-14-2019 | 10:14 AM

#84

CAirBear

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Quote:

Originally Posted by Sniper66

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.

08-14-2019 | 10:32 AM

#85

king10pin02

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From: A320 CA

Quote:

Originally Posted by CAirBear

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

08-14-2019 | 10:40 AM

#86

Sniper66

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From: Captain

Quote:

Originally Posted by king10pin02

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

08-14-2019 | 10:42 AM

#87

Sniper66

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From: Captain

Quote:

Originally Posted by CAirBear

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

08-14-2019 | 11:03 AM

#88

WHACKMASTER

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From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.

Quote:

Originally Posted by Macjet

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

08-14-2019 | 11:04 AM

#89

WHACKMASTER

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From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.

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

08-14-2019 | 12:14 PM

#90

CAirBear

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Quote:

Originally Posted by Sniper66

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.