Save stock down way more than competitors?
#81
Line Holder
Joined: Jan 2018
Posts: 1,839
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[QUOTE=flyingpuma1;3003813]
Different situation. Several airlines then were already on life support and sucking wind before 9/11. Virtually all except perhaps AA were on very sound financial footing when this broke out.
I’d save that angst for mergers and consolidation post Corona if the demand takes a couple of years to come back up to sustainable levels.
I’d save that angst for mergers and consolidation post Corona if the demand takes a couple of years to come back up to sustainable levels.
#82
Gets Weekends Off
Joined: Dec 2019
Posts: 131
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[QUOTE=flyingpuma1;3003813]Spirit will get money. The money will be divided by each airlines market share. Now whether you keep your job will probably depend on where you sit on the seniority list
#84
Gets Weekends Off
Joined: Jun 2010
Posts: 7,578
Likes: 287
From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
#85
If Frontier and Spirit survive this, I believe our arranged marriage may be coming sooner than any of us would have predicted a month ago. That’s given our strong individual organic growth, and impeccable choice of single type fleet.
#87
Gets Weekends Off
Joined: Jun 2016
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They’re two of the best positioned to survive this. Both creations of the same brain child, Franke.
#89
On Reserve
Joined: Apr 2019
Posts: 57
Likes: 0
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
#90
Line Holder
Joined: Oct 2005
Posts: 730
Likes: 59
From: Office Chair
And you learned this from jumpseating?
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