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Old 09-10-2024 | 11:10 AM
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Default feasible for the employees to take control?

I know it's bad advice to owe airline stocks when you're an airline pilot, eggs in one basket and all, but at what point would it make sense to take control of the company through buying the stock? At the current stock price it would cost each pilot $37000 to have 51% of the common stock.
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Old 09-10-2024 | 11:26 AM
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Originally Posted by b3181981
at what point would it make sense to take control of the company through buying the stock?
At no point whatsoever
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Old 09-10-2024 | 12:13 PM
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Originally Posted by b3181981
I know it's bad advice to owe airline stocks when you're an airline pilot, eggs in one basket and all, but at what point would it make sense to take control of the company through buying the stock? At the current stock price it would cost each pilot $37000 to have 51% of the common stock.
And you think you could just buy up 51% of the stock…and at the current price? Haha.
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Old 09-10-2024 | 12:45 PM
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Originally Posted by CincoDeMayo
And you think you could just buy up 51% of the stock…and at the current price? Haha.
Wouldn’t that drive the price up? Keep it low so somebody can make a move on you.
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Old 09-10-2024 | 02:48 PM
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Pilots take control of Spirit? lol. Probably go out of business even faster than you are now.

Could you imagine that Halon kid making CEO decisions?
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Old 09-10-2024 | 03:05 PM
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Originally Posted by b3181981
I know it's bad advice to owe airline stocks when you're an airline pilot, eggs in one basket and all, but at what point would it make sense to take control of the company through buying the stock? At the current stock price it would cost each pilot $37000 to have 51% of the common stock.
Why would I spend $37k or likely way more on something that’s going to zero
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Old 09-10-2024 | 04:05 PM
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Originally Posted by b3181981
I know it's bad advice to owe airline stocks when you're an airline pilot, eggs in one basket and all, but at what point would it make sense to take control of the company through buying the stock? At the current stock price it would cost each pilot $37000 to have 51% of the common stock.
Ewwww, just buy $BTC instead brah.
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Old 09-10-2024 | 04:18 PM
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Originally Posted by Noisecanceller
Why would I spend $37k or likely way more on something that’s going to zero
Like a Miata
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Old 09-10-2024 | 04:31 PM
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Originally Posted by JulesWinfield
Like a Miata
Oh no you didn’t!
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Old 09-10-2024 | 06:00 PM
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Shall we name it "Emu International Air Lines"?

https://en.m.wikipedia.org/wiki/Kiwi...onal_Air_Lines
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