Jet blue wants us now
04-17-2022 | 11:00 AM
#421
Banned
Joined: Jul 2021
Posts: 551
Likes: 0
They are paying more for 9 widebody gates (4bn) than all of spirit (3.6bn).
At this point a dozen WB will be the cheap part. 330neos are about 90 million. You don't spend that much money to go 70% of the way and quit. Especially with the NYPA invested. They will want assurances their money isn't wasted.
At this point a dozen WB will be the cheap part. 330neos are about 90 million. You don't spend that much money to go 70% of the way and quit. Especially with the NYPA invested. They will want assurances their money isn't wasted.
So that’s 12-13 billion of debt on the balance sheet and they haven’t even painted/equipped NK planes, reworked the route structure, hired to staff widebodies, negotiated pay scales, etc.
Meanwhile, you can probably make a pretty decent return on investment leasing out prime gate space. I’m not saying it will never or could never happen, but your logic has some expensive holes in it.
04-17-2022 | 01:38 PM
#422
Line holder
Joined: Nov 2013
Posts: 4,179
Likes: 258
From: Aircraft & Seat: old & hard
04-18-2022 | 03:15 AM
#423
Covfefe
Joined: Jun 2015
Posts: 3,001
Likes: 0
Um 330neos are just shy of $300 million each, so a dozen costs about the same as the offer to buy Spirit.
So that’s 12-13 billion of debt on the balance sheet and they haven’t even painted/equipped NK planes, reworked the route structure, hired to staff widebodies, negotiated pay scales, etc.
Meanwhile, you can probably make a pretty decent return on investment leasing out prime gate space. I’m not saying it will never or could never happen, but your logic has some expensive holes in it.
So that’s 12-13 billion of debt on the balance sheet and they haven’t even painted/equipped NK planes, reworked the route structure, hired to staff widebodies, negotiated pay scales, etc.
Meanwhile, you can probably make a pretty decent return on investment leasing out prime gate space. I’m not saying it will never or could never happen, but your logic has some expensive holes in it.
$90m is probably about right for a 330neo
04-18-2022 | 04:35 AM
#424
Gets Weekends Off
Joined: May 2010
Posts: 429
Likes: 0
Speaking with ALPA scheduling guys, ACY has survived because it’s the most efficient/cost effective base we have. Guess it’s due to the pairings there.
Thanks for saying we bring something to the table when you mentioned the South and Mid West. Seems like some of your coworkers think we bring nothing and are lucky to tag along with the acquisition. Especially since it’s been insinuated that many of us couldn’t get hired at B6. The post are out there. It won’t take much effort to find them. Both companies and both pilot groups can learn a great deal from each other if they are willing. At the end of the day it’s about profits. NK’s done a pretty good job at that. Ben Baldanza did a outstanding job of setting the foundation. I’d be super excited if he stepped down from the board and replaced your CEO.
04-18-2022 | 07:56 AM
#425
Line Holder
Joined: Mar 2012
Posts: 1,171
Likes: 27
Speaking with ALPA scheduling guys, ACY has survived because it’s the most efficient/cost effective base we have. Guess it’s due to the pairings there.
Thanks for saying we bring something to the table when you mentioned the South and Mid West. Seems like some of your coworkers think we bring nothing and are lucky to tag along with the acquisition. Especially since it’s been insinuated that many of us couldn’t get hired at B6. The post are out there. It won’t take much effort to find them. Both companies and both pilot groups can learn a great deal from each other if they are willing. At the end of the day it’s about profits. NK’s done a pretty good job at that. Ben Baldanza did a outstanding job of setting the foundation. I’d be super excited if he stepped down from the board and replaced your CEO.
Thanks for saying we bring something to the table when you mentioned the South and Mid West. Seems like some of your coworkers think we bring nothing and are lucky to tag along with the acquisition. Especially since it’s been insinuated that many of us couldn’t get hired at B6. The post are out there. It won’t take much effort to find them. Both companies and both pilot groups can learn a great deal from each other if they are willing. At the end of the day it’s about profits. NK’s done a pretty good job at that. Ben Baldanza did a outstanding job of setting the foundation. I’d be super excited if he stepped down from the board and replaced your CEO.
04-18-2022 | 09:53 AM
#426
Line Holder
Joined: Feb 2019
Posts: 1,227
Likes: 39
From: baller, shot caller
I'm going to drop some TLDR in here as I've had a busy few days, but I'm just curious...did y'all finally get an SLI hammered out for us on here?
It looks like quite few man hours have gone into hashing it out on APC
It looks like quite few man hours have gone into hashing it out on APC
04-18-2022 | 10:08 AM
#427
Line Holder
Joined: Mar 2012
Posts: 1,171
Likes: 27
Yep. JB guys are getting stapled. You can save your time reading.
04-18-2022 | 12:34 PM
#429
Line holder
Joined: Nov 2013
Posts: 4,179
Likes: 258
From: Aircraft & Seat: old & hard
There are always a few bad apples in every bunch. Not unlike social medial where the minority always seem to be the loudest. Most of the JB guys I talk to are actually excited about the merger and the possibilities a combined airline would mean in terms of competing with the Big 4 as well as future expansion across the pond.
04-18-2022 | 03:29 PM
#430
Line Holder
Joined: Mar 2022
Posts: 76
Likes: 0
There are always a few bad apples in every bunch. Not unlike social medial where the minority always seem to be the loudest. Most of the JB guys I talk to are actually excited about the merger and the possibilities a combined airline would mean in terms of competing with the Big 4 as well as future expansion across the pond.
Btw Spirit was a Jeopardy question tonight.
Also,
Huge shout-out to no more mask too!!!
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