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Democrats against Spirit-Frontier Merger


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Democrats against Spirit-Frontier Merger

Old 03-12-2022 | 08:47 AM
  #21  
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Originally Posted by Aero1900
So..... is everyone wanting this merger? Kind of interesting. I basically do, and think in the long run we will be stronger together but I'm surprised how many people want this to happen.

And also, Biden should only get so much blame for energy prices. Global oil prices are effected by a whole heck of a lot more than just the administration's energy policy. (Just trying to be fair and unbiased)
Except that we were most of the way here before the first Russian soldier stepped off.

imagine what prices would be if we were net exporters and shipping heavy Canadian crude to mix and refine with our lighter stuff via Keystone instead of using a Russian oil while going hat in hand to every petty dictator seeking their oil.

Foreign policy foibles of this and past administrations aside, the world is a better, stabler place, and America is more secure and able to lead when we are energy independent.
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Old 03-12-2022 | 08:49 AM
  #22  
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I’m for it, mostly because I’ve thought this was inevitable since Indigo appeared on F9’s doorstep in 2013. I accepted it as a condition of a career with Frontier. Timing wise, now is as good of a time as any I can think of, but they’ll still be some merger pain. But I haven’t spoke to anyone on either side of the merger that thinks the other side is going to screw them; which has to be somewhat unique.

And I wrote off this letter to the Secretary of Transportation purely by who signed it. They sign their name on every bad idea that comes across their desk for no other reason than to keep relevant by splashing their names in the headlines.
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Old 03-12-2022 | 08:53 AM
  #23  
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Originally Posted by Aero1900
So..... is everyone wanting this merger? Kind of interesting. I basically do, and think in the long run we will be stronger together but I'm surprised how many people want this to happen.

And also, Biden should only get so much blame for energy prices. Global oil prices are effected by a whole heck of a lot more than just the administration's energy policy. (Just trying to be fair and unbiased)
Uhhh, the stickers at the gas pump tell me otherwise, chief. I refuse to let you bring logic into this fight, dawg.
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Old 03-12-2022 | 09:00 AM
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Originally Posted by DrDHD
I believe there is a $94 million termination “fee” if the merger doesn’t go through.
Paid by who to whom?
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Old 03-12-2022 | 09:48 AM
  #25  
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So legit question, do we want this merger or not?

Wouldn't our seniority accrue faster if each company stayed separate and grew organically behind us? VS merging to the size each eventually wants to be and effectively stagnating growth for a period?

A merger would (possibly) help to expedite negotiations, but isn't that just short term?

I honestly don't know. I'm mostly just along for the ride. (NK)
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Old 03-12-2022 | 09:51 AM
  #26  
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Originally Posted by Ed Force One
So legit question, do we want this merger or not?

Wouldn't our seniority accrue faster if each company stayed separate and grew organically behind us? VS merging to the size each eventually wants to be and effectively stagnating growth for a period?

A merger would (possibly) help to expedite negotiations, but isn't that just short term?

I honestly don't know. I'm mostly just along for the ride. (NK)
To me, it works. Hard to go after the big boys being smaller and even harder when having to compete against other ULCCs
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Old 03-12-2022 | 09:56 AM
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Originally Posted by CincoDeMayo
To me, it works. Hard to go after the big boys being smaller and even harder when having to compete against other ULCCs
To me it shortcuts us to a place where we want to be, but can’t get organically for years to come. The model works. I wouldn’t have come here if I doubted it. Just have to staff it.
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Old 03-12-2022 | 10:03 AM
  #28  
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Originally Posted by Ed Force One
So legit question, do we want this merger or not?

Wouldn't our seniority accrue faster if each company stayed separate and grew organically behind us? VS merging to the size each eventually wants to be and effectively stagnating growth for a period?

A merger would (possibly) help to expedite negotiations, but isn't that just short term?

I honestly don't know. I'm mostly just along for the ride. (NK)
Personally, I do not. If the projections people have put together are at any level near an actual end result, Spirit pilots will be losers. If the business model works as we are continually told, this merger is unnecessary.
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Old 03-12-2022 | 10:10 AM
  #29  
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Originally Posted by FNGFO
Paid by who to whom?
“The agreement also provides for a $94.2 million fee payable by Spirit in connection with certain terminations of the agreement.

The companies say they expect to close the transaction in the second half of 2022.”

appears the doj blocking the deal avoids any penalty, however.
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Old 03-12-2022 | 10:18 AM
  #30  
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I agree with Dr Steve. I’m hearing projections where we will be losers. Hopefully they are wrong, but most likely not.
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