Mmmm, not so much as you think. Most of the stock is institutionally owned, and back when every airline stock went down, the BOD incorporated a poison pill provision to ward off hostile takeovers. It could be bought of course for the right price, but a hostile takeover is unlikely.



A merger with Frontier might provide interesting economies of scale though.

 

So buy?😉

10/char

 

Never a great idea to buy MUCH stock in your employer - especially in your 401k. You don’t want to creat too much of a single point failure mode for your finances. But with institutional investors owning over 60% of the stock (Vanguard alone holds ~9%) it is clear that the professional stock pickers think its got a decent future.

 

This rumor is gaining steam at Frontier again

 

could be. But I did hear Bendo is making an appearance in BWI tomorrow at 9AM. The airport has him listed as giving a speech. Any ideas?


https://m.imgur.com/TVz8MyC

 

Vanguard is mutual funds and index funds. They don't own SAVE because of any opinions on its future.

Maybe stick to posts that promote wasting our negotiating capital on first year pay and amateur labor law analysis?

 

Frontier has some weird stuff going on. The closure of the ORD pilot domicile, their recruiting team turned over, odd emails going out and the sick calls threatening stuff. My buddy there says something is going down or the entire management is sniffing something because a lot of things aren’t adding up. Morale is also tanking fast.

 

He’s installing the new Bendcon Level Indicator in the D terminal as well as manning Ted Christie’s merch table for his recent live album.

 

Vanguard certainly does have index funds, but they also have lots of actively managed funds and - since index funds pretty much mirror the market - the 9% SAVE stock they own is mostly in the actively managed funds which are managed by people who certainly DO have opinions on what stocks to buy since SAVE certainly isn’t anything remotely approaching 9% of the weight of the S&P 500.

I take it that you are one of the “I had to go through first year pay and so can the newbies.” crowd? Well, that’s fine, everyone is entitled to an opinion. But don’t ignore the first year pay that other carriers are offering and then bemoan the junior (and even junior CA). attrition you are going to get. You want people to stay, you better treat them right.

Have you ever considered a job in management? I think you’d be a good fit fir Mesa.

 

Vanguard owning 9% of SAVE is not the same as SAVE being 9% of Vanguard's holdings