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Originally Posted by Ted Striker
(Post 3841673)
I wonder if a re-bid by jb would ever be in the cards. The court specifically cited spirit as a ulcc being a reason for denial. It seems spirit has “transformed” mostly on paper to more align with and become a LCC, paving the way for a merger. Especially with jb’s recent debt raise for 3billion. Now, jb comes in from a pre-bankruptcy play at say $22 p/s etc.
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from a.net, wonder if there is something similar to this on Monday
Yes, that was known as a pre-packaged bankruptcy. AA's purchase of the assets was presented to the judge. January 10, 2001 at 7:00 p.m. EST NEW YORK, Jan. 10 -- -- American Airlines today announced an agreement to buy Trans World Airlines as part of a prearranged bankruptcy... https://www.washingtonpost.com/archive/ ... f9e56c81f/ The exclusivity period hadn't even started. |
Originally Posted by Burn
(Post 3841694)
$22.00! thats some optimism. Perhaps before they sold all their assets... sure.
It’s going to be F9, that’s the knight and shining armor. And before anyone spits and says “ugh, Frontier,” I would remember that Frontier is probably the one thing keeping NK from liquidation |
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Originally Posted by Halon1211
(Post 3841708)
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Originally Posted by GoCats67
(Post 3841679)
In today's market a narrowbody (that doesn't have the Pratt and Whitney engine issues) would be of interest to many airlines right now and I am sure that the lessors would gladly shift thire assets to AA,DL,UA.
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Spirit Airlines is now worth less than the price of an A-321!
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Originally Posted by Halon1211
(Post 3841820)
Spirit Airlines is now worth less than the price of an A-321!
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Originally Posted by Halon1211
(Post 3841820)
Spirit Airlines is now worth less than the price of an A-321!
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Originally Posted by Noisecanceller
(Post 3841900)
Spirit STOCK not Spirit Airlines
https://www.investopedia.com/terms/s/stock.asp https://www.schwab.com/stocks/unders...common%20stock. A company or any assets is only worth what somebody is willing to pay for it. Not sure what point you’re trying to make. |
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