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Originally Posted by FLYBOYMATTHEW
(Post 3004693)
And you learned this from jumpseating?
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Originally Posted by FLYBOYMATTHEW
(Post 3004693)
And you learned this from jumpseating?
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Had a three hour sit in BWI the other day and learned that while a bit under capitalized, SWA is very keen on mergers and acquisitions.
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Originally Posted by RemoveB4flght
(Post 3004941)
Had a three hour sit in BWI the other day and learned that while a bit under capitalized, SWA is very keen on mergers and acquisitions.
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From what I've learned this far in my career it's that whatever a pilot says is likely to happen is exactly what will not happen.
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Originally Posted by Skydreams14
(Post 3004567)
I jumpseated on F9 and didnt sound like indigo will have the cash after this to buy anyone and F9 might have to do some cuts if it drags out. Im betting anyone with a government bail out wont be able to do any airline buying. Intrested to see if southwest takes one
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Yep. Private company with no public financials. Franke is the master puppeteer
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Indigo Partners just sold their interest in Wizz back in February for roughly $650 million.
Plus roughly $780 million F9 has in cash, and who knows how much Indigo has stashed under their mattress. I’m not saying they will keep running F9 in the red indefinitely, who knows what they are thinking. They are ruthless and greedy. They will do what makes them the most money. Mergers, buyouts, cut their losses and sell out, or shut down, who knows. All of those plus other options are all on the table I’m sure. All they care about is the almighty dollar and acquiring more of it. |
Originally Posted by singlepilot
(Post 3005762)
Indigo Partners just sold their interest in Wizz back in February for roughly $650 million.
Plus roughly $780 million F9 has in cash, and who knows how much Indigo has stashed under their mattress. I’m not saying they will keep running F9 in the red indefinitely, who knows what they are thinking. They are ruthless and greedy. They will do what makes them the most money. Mergers, buyouts, cut their losses and sell out, or shut down, who knows. All of those plus other options are all on the table I’m sure. All they care about is the almighty dollar and acquiring more of it. Which is exactly why I don't see them taking any Govt Money if it includes such things Executive compensation limits and clauses that state you can't sell or merge for five years etc..... (though I'm sure there is a lawyer somewhere that can get around that) |
Who else is riding this SAVE rocket ship to the moon with me right now? Up nearly 40% this morning!
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