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Originally Posted by CRJCapitan
(Post 3799202)
AA's single biggest objective has been to reduce its dissipating mountain of debt. I don't think AA management has interest in adding back to it by absorbing Spirit's current financial situation.
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Originally Posted by CRJCapitan
(Post 3799202)
AA's single biggest objective has been to reduce its dissipating mountain of debt. I don't think AA management has interest in adding back to it by absorbing Spirit's current financial situation.
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Originally Posted by CatPilot1
(Post 3799208)
Maybe to make room for new debt that includes a bunch of experienced seat meat.
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Originally Posted by Noisecanceller
(Post 3799219)
They are filling classes just fine and with a ton of spirit guys willing to start at the bottom of the list on year 1 pay
Still cheaper to acquire than hire. Especially with all the Spirit goodies that come along with a purchase! Plus with a large influx of seat meat they could drop most of the Enoy pay incentives. |
Originally Posted by CatPilot1
(Post 3799222)
Still cheaper to acquire than hire. Especially with all the Spirit goodies that come along with a purchase!
Plus with a large influx of seat meat they could drop most of the Enoy pay incentives. |
Originally Posted by StoneQOLdCrazy
(Post 3799230)
How good is your contractual fragmentation language?
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Originally Posted by CatPilot1
(Post 3799222)
Still cheaper to acquire than hire. Especially with all the Spirit goodies that come along with a purchase!
Plus with a large influx of seat meat they could drop most of the Enoy pay incentives. What spirit goodies? HQ? What else? leased airplanes, an Everest of debt, and… |
Originally Posted by Noisecanceller
(Post 3799260)
How is it cheaper to acquire than hire at year one pay? Why do you think back in the day the legacies would constantly move the RJs around to recycle the same pilots from company to company and start them over?
What spirit goodies? HQ? What else? leased airplanes, an Everest of debt, and… |
Originally Posted by CatPilot1
(Post 3799276)
Boeing issues are only going to get worse, not to mention Airbus and Pratt aren't getting any better. . There’s like 10 new Boeing whistle blowers coming forward even with the other 2 being murdred. The legacies can buy whomever they want when ever they want. Who knows how many palms they greased to block the Spirit merger.
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Originally Posted by SoFloFlyer
(Post 3799310)
Kirby is on record saying that buying another carrier is not in the cards. An average merger takes about 3 years. In the span of 3 years, we United expects to grow to the size of Spirit and Frontier combined without all the hassle and debt accumulation
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