Save stock down way more than competitors?
03-30-2020 | 09:41 AM
#151
Gets Weekends Off
Joined: Mar 2020
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I literally just did a word search on 883 page document. Nowhere in the Stimulus Bill does the word “merger” appear. “Acquisition” appears 11 times and it is only in reference to “the acquisition of warrants, stock options, common or preferred stock” of one’s own company.
From what I have searched (the whole document), taking grant money or loans does NOT preclude airlines from mergers or acquisitions according to the Bill.
The timeline for our arranged marriage may have been pushed up. Only a handful of people know.
From what I have searched (the whole document), taking grant money or loans does NOT preclude airlines from mergers or acquisitions according to the Bill.
The timeline for our arranged marriage may have been pushed up. Only a handful of people know.
03-30-2020 | 09:47 AM
#152
Line Holder
Joined: Jan 2018
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03-30-2020 | 10:00 AM
#154
Line Holder
Joined: Aug 2016
Posts: 729
Likes: 22
From: Bus CA
No misunderstanding here, I didn’t take that as you specifically referring to F9. I was just pointing to the possibility that many have pointed out for a long time may actually be coming under an expedited timetable. Our excuses (pre-COVID19) for why it wasn’t going to happen in the near term, like “organic growth” and such, seem less valid now than they did 6 weeks ago.
03-30-2020 | 10:14 AM
#155
Banned
Joined: Apr 2016
Posts: 293
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From: A320
03-30-2020 | 11:18 AM
#157
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Joined: Nov 2019
Posts: 1,256
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Frontier is privately owned. Sun Country also. It is yet to be seen if the "owners" (Private Equity companies) will cause a speed bump for bail-out money, funded by taxpayers.
03-30-2020 | 11:21 AM
#158
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Joined: Feb 2011
Posts: 657
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Save stock down way more than competitors?
Swa buying us is the least of our problems right now. Right now no one has any extra money, though I would welcome swa buying us because I have more faith that I would have an airline to come back to then I do at Spirit right now.
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03-30-2020 | 11:59 AM
#159
Gets Weekends Off
Joined: Mar 2020
Posts: 192
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you’re not the only one......probably why our stock is the only one to consistently take a much harder hit than the rest.....
03-30-2020 | 12:08 PM
#160
Banned
Joined: Apr 2016
Posts: 293
Likes: 0
From: A320
As a taxpayer and investor I would trust Indigo more with a return than any of the Big 3.
You need to educate yourself about the bailout funds. The grant is in lieu of unemployment claims. So either way "your" tax dollars and my tax dollars are gonna pay for this one way or another.
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