Jet blue wants us now
06-03-2022 | 03:46 AM
#901
Gets Weekends Off
Joined: Jan 2018
Posts: 2,838
Likes: 278
Yep, Iv'e got to give it to Indigo. They bought Spirit, reformed it, IPO'd it for a few billion dollars and as an 85% owner of Frontier, are about to get Spirit back almost free. Brilliant. Problem for ULCC is that with the breakup fee offer, they have just admitted that the regulatory profile is the same for Jetblue and Frontier which means the Spirit board has just lost it's best argument for giving the airline away. I don't know who will end up with SAVE but Franke is going to have to negotiate and pay something. Shareholders will revolt.
06-03-2022 | 06:06 AM
#902
Line Holder
Joined: Nov 2016
Posts: 542
Likes: 0
06-03-2022 | 09:55 AM
#905
On Reserve
Joined: Feb 2019
Posts: 139
Likes: 1
From: A320 FO
The fact is that if this deal does go through, as all will have to row together to get a good contract. Posts like this make no sense, and drive division before we even know if we might get to work together someday.
Some Spirit guys don't want the JetBlue deal because they are concerned about losing out in the deal. That's understandable. It would make the most sense it we all just work together to ensure that no one side loses out in the process. At the end of the day, we are all along for the ride, so it's silly to even take sides in some sort of made up battle. The true battle is labor versus management.
06-03-2022 | 12:09 PM
#907
Gets Weekends Off
Joined: Jul 2021
Posts: 1,035
Likes: 0
How do I tender my shares? All I got were emails white and blue cards to vote for or against the frontier merger
06-03-2022 | 12:16 PM
#909
On Reserve
Joined: Mar 2008
Posts: 150
Likes: 26
From: Bus Driver
Did the ISS identify which acquisition will provide the employees the shortest wait times when trying to contact crew scheduling? Currently at a 1hr10min and counting. Pathetic
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