Biden Administration Moving to Block Merger
03-09-2023 | 05:35 AM
#91
Gets Weekends Off
Joined: Apr 2007
Posts: 550
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From: A319, A320, A321
Except the DOT/Buttigieg said that he’s not going to transfer the Spirit FAA Operating Agreement over if the merger is approved by the courts. Which is under his sole ability administratively.
https://www.politico.com/video/2023/...-merger-853255
https://www.politico.com/video/2023/...-merger-853255
03-09-2023 | 05:58 AM
#93
Perennial Reserve
Joined: Jan 2018
Posts: 14,247
Likes: 257
Nope. And this conservative supreme court has been itching for another opportunity to roll back the Chevron deference doctrine, which most federal agencies have been using to usurp Congressional powers. (OK, and a lot of Congresspersons have been using to fob off their agenda on executive agencies so they can dodge responsibility). I predict that any attempt by DOT to inject themselves into this deal for political purposes will boomerang rather badly.
03-09-2023 | 06:19 AM
#94
SDQ Base Chief
Joined: Mar 2006
Posts: 6,079
Likes: 41
From: 320 CA
Maybe I don’t understand the real implications of this, but couldn’t a future JB/NK just transfer all NK planes (the only thing of value tied to the actual operating certificate) to a separate holding company controlled by JB and then those assets leased to Jetblue Airways for $1/year?
03-09-2023 | 07:28 AM
#95
Bluediver the REAL deal
Joined: Jul 2022
Posts: 591
Likes: 44
Maybe I don’t understand the real implications of this, but couldn’t a future JB/NK just transfer all NK planes (the only thing of value tied to the actual operating certificate) to a separate holding company controlled by JB and then those assets leased to Jetblue Airways for $1/year?
03-09-2023 | 07:47 AM
#96
SDQ Base Chief
Joined: Mar 2006
Posts: 6,079
Likes: 41
From: 320 CA
03-09-2023 | 12:22 PM
#97
That/It/Thang
Joined: Aug 2020
Posts: 3,501
Likes: 364
Even more leverage with the JCBA; can’t do any aircraft transfers prior to an ISL and can’t do a ISL before a JCBA.
03-13-2023 | 04:38 AM
#100
Gets Weekends Off
Joined: Jun 2010
Posts: 7,578
Likes: 288
From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
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