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

Old 07-25-2019, 11:38 AM
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Default Spirit stock down 24% .... a buy out by

If someone offers
$60 per share will the board say Yes?

Your thoughts
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Old 07-25-2019, 11:58 AM
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no....filler
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Old 07-25-2019, 12:03 PM
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You guys are getting acquired by Frontier...
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Old 07-25-2019, 12:20 PM
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Wow.. And I thought AA looked bad.
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Old 07-25-2019, 12:36 PM
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Originally Posted by rickair7777 View Post
You guys are getting acquired by Frontier...


Not a chance
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Old 07-25-2019, 02:18 PM
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What a blood bath!!

This response is basically the investors giving Ted the richard slap for trying to run this place like a regional with regard to the staffing model. He openly admitted it on the investors call and people were clearly not happy. Lots of blame on Mother Nature and admitting to stretching crews too thin.

I did get a good laugh though when that one lady asked about changing our route structure because of all the bad weather blaming.
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Old 07-25-2019, 02:25 PM
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I wonder if non-stop daily X list calls was a cause or an effect.
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Old 07-25-2019, 02:34 PM
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Originally Posted by Sniper66 View Post
If someone offers
$60 per share will the board say Yes?

Your thoughts
You might see a move if the stock were depressed down to the low $30’s for an extended period and the MAX fiasco was slated to drag out another two years.

The current price is still above what it was during the contract negotiations, and will likely come back up with an order announcement.

Also, bean counters gonna bean counter.

Lastly, NK still netted $114M or some such for the quarter. It was only a few short years ago that it netted a bit over $200M for the year. This place will print money and grow like crazy if the folks in Miramar will quit stepping on their own cranks.
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Old 07-25-2019, 08:12 PM
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Time for a new and significant aircraft order to facilitate more growth!!!! I’ve read that Air France is about to order something like 50-70 A220s to replace its smaller A318s and A319s. The order backlog lines are only getting longer Ted....
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Old 07-31-2019, 06:14 AM
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Oh Ted...
That's what happens when you try to run the "Spirit" like Ornstein's Mesa!
You should know better than Bob, he was a just part timer
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