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NK/F9 Merger Announced
First dance move has been made.
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You quick...
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Now comes the hard part, how will they integrate everything and everyone? Mergers seem to rarely go well for all parties involved. I couldn't tell, but I wonder who is taking over who? Are we buying them out or vice versa? Lots of details to be had for sure.
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Originally Posted by Cyio
(Post 3367488)
Now comes the hard part, how will they integrate everything and everyone? Mergers seem to rarely go well for all parties involved. I couldn't tell, but I wonder who is taking over who? Are we buying them out or vice versa? Lots of details to be had for sure.
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Been calling it for a few years . Short term pain but I think long term gain
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Originally Posted by SlimBob
(Post 3367487)
You quick...
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Let the meme war begin
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Please let Pebbles the Hamster be our first Spirit Animal.
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Originally Posted by CH1203
(Post 3367491)
According to CNBC, they own the controlling share of 51.5%. Spirit owns 48.5%. Not sure what that is going to mean moving forward.
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Originally Posted by Cyio
(Post 3367488)
Now comes the hard part, how will they integrate everything and everyone? Mergers seem to rarely go well for all parties involved. I couldn't tell, but I wonder who is taking over who? Are we buying them out or vice versa? Lots of details to be had for sure.
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Better than getting AirTranned.
Gotta keep Red/Green. Non negotiable. 😂 |
Well it beats getting Air tranned I guess.
hope we stay yellow. Love the color |
Howdy
Originally Posted by MainlineorSuici
(Post 3367503)
Well it beats getting Air tranned I guess.
hope we stay yellow. Love the color |
We broke ground on that new Hq , and Florida is tax friendlier state ..
my bet is headquarters is in Fort Lauderdale. I’m betting Ted stays CEO. As for the name and color I’m not so sure . Spirit has spent a lot adding yellow to everything .. so I’m leaning staying yellow. But I wouldn’t put money on it . |
Does this mean we won't get the yellow pants anymore?
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Originally Posted by IamEssential
(Post 3367518)
Does this mean we won't get the yellow pants anymore?
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Fantastic opportunity to rebrand and lose the rep, though
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Indigo partners has been on a mission to dominate the ULCC market. The Frontier executive culture is not in favor of many of Spirit's labor agreements.
I would expect with F9 holding a controlling interest, their will be some very difficult Union integration discussions particularly issues such as scheduling. F9 management does not want a scheduling flexibility program like that at NK and I would not be surprised if they refuse to adopt such amongst both unions unless both unions come together strong and demand it is preserved. As far as the upgrades and growth/movement potential, I don't know that it will have much benefit in the near term. It may take upwards of one to three years for a full integration and operational synergies to be established. Going to be very interesting. |
So.. should I not attend my MTC event tomorrow?
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It may not be popular, but as an F9 guy l Look forward to this. I have always been treated great by spirit crews. Seems like two like minded pilot groups that I will be proud to stand with.
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Originally Posted by Skycap876
(Post 3367530)
Indigo partners has been on a mission to dominate the ULCC market. The Frontier executive culture is not in favor of many of Spirit's labor agreements.
I would expect with F9 holding a controlling interest, their will be some very difficult Union integration discussions particularly issues such as scheduling. F9 management does not want a scheduling flexibility program like that at NK and I would not be surprised if they refuse to adopt such amongst both unions unless both unions come together strong and demand it is preserved. As far as the upgrades and growth/movement potential, I don't know that it will have much benefit in the near term. It may take upwards of one to three years for a full integration and operational synergies to be established. Going to be very interesting. |
Originally Posted by singlepilot
(Post 3367535)
It may not be popular, but as an F9 guy l Look forward to this. I have always been treated great by spirit crews. Seems like two like minded pilot groups that I will be proud to stand with.
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Originally Posted by IamEssential
(Post 3367522)
Record time for losing a bet? Yeah, it's not Ted. Already been reported Franke will head the new board. As far as HQ and training, you may be right. Florida makes sense.
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Originally Posted by IamEssential
(Post 3367522)
Record time for losing a bet? Yeah, it's not Ted. Already been reported Franke will head the new board. As far as HQ and training, you may be right. Florida makes sense.
asked who CEO would be . They said they have no answer to announce . So unless that changed In 30 minutes I still like Teds chances |
Originally Posted by TheMagentaLine
(Post 3367533)
So.. should I not attend my MTC event tomorrow?
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Originally Posted by TheMagentaLine
(Post 3367533)
So.. should I not attend my MTC event tomorrow?
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Originally Posted by JulesWinfield
(Post 3367546)
Definitely go. It's not a done deal yet, as it still needs federal approval. It will take years for the merger to fully happen.
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Originally Posted by TheMagentaLine
(Post 3367533)
So.. should I not attend my MTC event tomorrow?
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Originally Posted by Punkah Louvre
(Post 3367547)
DOJ not withstanding I’d imagine it could proceed much faster than mergers of the past. We’re much more similar than different internally.
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Originally Posted by CBreezy
(Post 3367499)
Both pilot groups are ALPA so that should help.
That is in the eye of the beholder. ALPA sucks and will look out for their best interest only |
Originally Posted by FlyGuy2002
(Post 3367544)
I just heard all 3 on CNBC 30 minutes ago. They were all
asked who CEO would be . They said they have no answer to announce . So unless that changed In 30 minutes I still like Teds chances |
Originally Posted by IamEssential
(Post 3367553)
I stand corrected. I still think somebody from Frontier will take the helm. I mean, has Christie really done such a bang up job where they would give an outsider the position?
. |
Originally Posted by CLE to IAH
(Post 3367549)
if you’re serious with this question then yes. Skip it.
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Originally Posted by Mozam
(Post 3367552)
That is in the eye of the beholder. ALPA sucks and will look out for their best interest only
Us being ALPA helps the merger process vs a merger with say, SWA. ALPA merger policy requires other things to be considered as well as us needing a CBA prior to the ISL, which helps the pilots with achieving a new CBA faster. SWAPA…haha…ok man |
Hopefully no bases will be closed after the merger???
and hopefully the new airline “The Spirit of Frontier” will have the majority of Spirit managment. No cost cutting measures of Frontier. |
This merger plus pilot shortage will create major gains across the board in your new joint contract.
Sun County plus hourly rates plus. |
We still getting that base announcement? Ha
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Originally Posted by singlepilot
(Post 3367535)
It may not be popular, but as an F9 guy l Look forward to this. I have always been treated great by spirit crews. Seems like two like minded pilot groups that I will be proud to stand with.
sounds like a great deal for F9 and a not so great deal for NK minus we all keep our jobs now. |
Originally Posted by Mulligan Please
(Post 3367579)
We still getting that base announcement? Ha
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Originally Posted by Trylabyte
(Post 3367580)
yeay yeah. the problem is your management sounds awful.. didnt you guys just kick everyone out of ORD with no warning whatsoever.
sounds like a great deal for F9 and a not so great deal for NK minus we all keep our jobs now. |
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