Spirit stock down 24% .... a buy out by
07-25-2019 | 02:18 PM
#6
Line Holder
Joined: Feb 2019
Posts: 1,226
Likes: 29
From: baller, shot caller
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.
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.
07-25-2019 | 02:34 PM
#8
Line Holder
Joined: Jan 2018
Posts: 1,839
Likes: 3
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.
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.
07-25-2019 | 08:12 PM
#9
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Joined: Jun 2015
Posts: 1,866
Likes: 0
From: Left
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....
