Spirits position in South America
05-12-2020, 05:39 PM
#1
Gets Weekends Off
Thread Starter
Joined APC: Oct 2017
Posts: 2,995
Spirits position in South America
With Avianca going bankrupt (see link below) and maybe more South American airlines going bust without any government bailout seems like Spirit will be better positioned to take on more flying down there when this fiasco is over with. A lot of US carriers are even planning on being smaller sized so that would seem to help us out even more. Thoughts?
https://www.google.com/amp/s/amp.cnn...-11/index.html
https://www.google.com/amp/s/amp.cnn...-11/index.html
05-12-2020, 07:11 PM
#2
Gets Weekends Off
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,603
Originally Posted by Halon1211
With Avianca going bankrupt (see link below) and maybe more South American airlines going bust without any government bailout seems like Spirit will be better positioned to take on more flying down there when this fiasco is over with. A lot of US carriers are even planning on being smaller sized so that would seem to help us out even more. Thoughts?
https://www.google.com/amp/s/amp.cnn...-11/index.html
https://www.google.com/amp/s/amp.cnn...-11/index.html
05-13-2020, 01:21 AM
#3
Gets Weekends Off
Joined APC: Mar 2020
Posts: 192
Originally Posted by WHACKMASTER
Thoughts? There’s no way that NK isn’t getting bought or at the very least merging with F9 or JBA. You guys were kicking too much a$$ to not have a target on your back on the other side of this. That’s ultimately a compliment, btw.
05-13-2020, 01:47 AM
#4
Super Moderator
Joined APC: Jun 2006
Posts: 3,945
Years ago, Dave Barger had JetBlue’s slogan as “airline of the America’s’” and made a big deal on the placement of the apostrophe. The “plan” was to grow into central and South America to be one of the largest north/south carriers. Problem was that about 6 months later Neelman launched 330s to FLL and JFK.
What that looks like next year 🤷🏼♂️
What that looks like next year 🤷🏼♂️
05-13-2020, 04:35 AM
#5
Line Holder
Joined APC: Apr 2018
Posts: 63
Originally Posted by WHACKMASTER
Thoughts? There’s no way that NK isn’t getting bought or at the very least merging with F9 or JBA. You guys were kicking too much a$$ to not have a target on your back on the other side of this. That’s ultimately a compliment, btw.
05-13-2020, 05:31 AM
#6
Gets Weekends Off
Joined APC: Sep 2014
Position: Da Bus, Left
Posts: 1,510
Originally Posted by F9pilot15
It was my understanding that Spirit adopted a poison pill to prevent that very thing. Merger on Spirits terms... maybe.
05-13-2020, 06:02 AM
#7
Gets Weekends Off
Joined APC: Mar 2014
Posts: 774
Many analysts see mergers after this, time will tell who. Now that the govt is a stakeholder in many of of our companies, I wonder if they will allow more mergers to not chance their shares being wiped out?
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
05-13-2020, 06:05 AM
#8
Line Holder
Joined APC: Jul 2017
Posts: 32
Originally Posted by Tranquility
My understanding of the ‘poison pill’ was that it was more to protect Spirit from a hostile buyout, not necessarily a merger.
simply to protect against bad actors taking advantage of the suppressed stock value.
05-13-2020, 06:33 AM
#9
Gets Weekends Off
Joined APC: Aug 2008
Posts: 770
Originally Posted by Tranquility
My understanding of the ‘poison pill’ was that it was more to protect Spirit from a hostile buyout, not necessarily a merger.
Our management cannot make a merger deal without consent of the shareholders who own the company.
If the shareholders do not vote in a majority for a merger (basically selling out their shares at the offered price) then no merger. The way to ensure a majority is an aggressive purchase of enough shares to ensure a yes vote, otherwise known as....
Thread
Thread Starter
Forum
Replies
Last Post
FlyingA320
Major
195
09-19-2007 09:15 AM
