All of the math checks out but each airline has to staff their own airline appropriately until they are to join. So Frontier has to hire to cover the growth and Spirit will have to furlough or have attrition for shrinkage until then. All still predicated on a large “IF” but I’m thinking the chances of a marriage are high.

I don’t know what the record speed is for two companies merging/being able to fly on each others metal but I assume at least two years.

That’s a damn good question. Which I have no idea the answer. I know they can file for emergency hearings and such to speed up the red tape process. But, especially with a prepackaged chapter 11 it that’s the way it goes, that will take a little time. Then after all has been approved, JCBA and sli. So yeah I could guess those would take a bit even with everything else expedited

It'll go to Judge Young again, this one's for you Spirit customers!

I personally think Judge Young would let it pass. He specifically said he didn’t approve the case based off the specifics on what were brought to him. He definitely left the door open to way different evidence should it be brought back to him. All the same, I still think he’s an idiot

He made a bad decision based on idealistic fairy tale land where everyone gets what they want and money isn’t a reality.

I think if he were to see it today, he would realize maybe NK isn’t as financially strong as he, the Feds, and Ted made it out to be.

People forget that Ted went very easy on the “flailing firm” argument, where he should have made the case that without the merger, NK is going to fail.

Didn't he retire, since?

Airlinegeeks is reporting another 300 NK furloughs, so your math checks.

https://airlinegeeks.com/2024/10/30/...losses-mount/#

Are you sure a BK would go to that judge? I think those might be different courts?

Also DOJ might not bother to file another lawsuit to block the merger, especially if they're unemployed which we'll know next week.

Lets not act like JBs lawyers actually tried to defend the buy.

They wanted to put a stop to F9 and NK because if we merged, JB would be in serious trouble.

I think that was part of jb’s thinking when thier initial offer included a large premium to nk current market value. Over time as the value decreased for multiple issues, legal, engine inspections, debt, the fact the buyout was hostile (non cooperative nk management), ect… they became less enthusiastic to see it through to the end.

I didn’t forget.

NEVER FORGET!

you guys are insane if you think the DOJ is going to sue to try and block an F9/NK Merger.

He didn't go "very easy" on it. He completely dismissed it. Ted said they have a path to profitability and the merger was not necessary for the success of Spirit.

I would say it's unlikely that they would sue using the same arguments that were used in the context of NK/B6, but that does not mean they could not come up with other arguments...

This will keep getting lost in the noise...... JetBlue didn't want to take on Spirit at the agreed price point. It is my firm belief JetBlue used the court room to find a off ramp from the merger... That they found…

Yeah dropping the appeal a week later after the judge left the door wide open in his summary was a bit telling.

this. AND Young got a 2am phone call from Icahn. His retirement is safe now.

soooooo how long til an official merge announcement?

I think frontier is gonna have some competition now!

if Harris would’ve won, the only thing this administration would allow another Frontier merger.

in January with a Republican DOJ and DOT coming into office, they are going to be really soft on antitrust. I think they would approve just about anything.

frontier might have to pony up some money if they want to secure NK.

I am on my way out of here so I don’t have a dog in this fight if you think I’m being biased.

Who knows. We’re like the trash sitting on the edge of the street just waiting to get picked up. 🤣

This is the best analogy... 🤣🤣🤣
Free mattress or couch on the curb!!!
(Who knows what lurks within.). 😬

So when are they going to announce a merger? After the inaugeration? Will it be a bidding war now?

Nobody knows. Airlines might just come by and dig through the proverbial trash, put the pieces they want in their beat up shopping cart and off they go. Does that include employees, unknown. We might just be the left over shti in the gutter.

it’s kind of like moving to Thailand. Is not a great idea, all you do is eat Thai food very day. I mean how much Thai food can you eat? You get hand jobs. How many handjobs is enough? 1? 2? 5 hand jobs? 10 hand jobs? That’s ridiculous, 20 is way too much. 50 hand jobs?

how much tequila have you drank tonight?

The debt creates a poison pill for an acquisition. The stock being low doesn't make Spirit "cheap to buy". The debt makes it expensive to buy.

let us not forget the lady boys.

It's from a reels or something. Pretty funny.

Shut up and let the man cook!!

Why does it have to be tequila specifically, Halon? Are you signaling your weakness?

well this thread can get retired now.

no real sources said anything about anything... its all hearsay.

You're in denial my man...

I cant read behind the paywall.

not really.

Cliff notes say, frontier bailed. Spirit bankruptcy in the next few weeks. Already confirmed by guys in the union.

Confirmed by who? They are not privy to that information anytime before Wall Street. They won’t know of a bankruptcy until we all get it straight from the news

I dunno - one thing about fastback, he’s been pretty spot on with the calls he’s made previously.

Anyone paying attention the last year knew we were headed for bankruptcy.