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-   -   Will BRAVO take us to the promised land? (https://www.airlinepilotforums.com/spirit/148706-will-bravo-take-us-promised-land.html)

gonyon 11-20-2024 07:38 PM

Will BRAVO take us to the promised land?
 
Will BRAVO return us to viability? Profitability?

or is this a short term play to get us through h bankruptcy with hopes of enticing a partner?

Noisecanceller 11-21-2024 04:04 AM


Originally Posted by gonyon (Post 3854187)
Will BRAVO return us to viability? Profitability?

or is this a short term play to get us through h bankruptcy with hopes of enticing a partner?

Every non legacy will see consolidation in the next two years. Will we survive that long is anyone’s guess. Making money in 2027 as spirit is unlikely

bluespoon 11-21-2024 07:13 AM


Originally Posted by Noisecanceller (Post 3854220)
Every non legacy will see consolidation in the next two years. Will we survive that long is anyone’s guess. Making money in 2027 as spirit is unlikely

This. Inflation has hit spirit and frontier flyers hard and those that aren’t as affected wouldn’t fly on them anyways. There’s about a 100% chance frontier will try to merge.

Halon1211 11-21-2024 07:15 AM


Originally Posted by gonyon (Post 3854187)
Will BRAVO return us to viability? Profitability?

or is this a short term play to get us through h bankruptcy with hopes of enticing a partner?


sorry if I missed a union email, but what is BRAVO? Or are you talking about Johnny Bravo?

VisionWings 11-21-2024 07:26 AM


Originally Posted by Halon1211 (Post 3854289)
sorry if I missed a union email, but what is BRAVO? Or are you talking about Johnny Bravo?



https://www.sec.gov/Archives/edgar/d...813_ex9902.htm


Spirit airlines plan bravo

CincoDeMayo 11-21-2024 08:08 AM


Originally Posted by Halon1211 (Post 3854289)
sorry if I missed a union email, but what is BRAVO? Or are you talking about Johnny Bravo?

Yeah, nothing given to the employees at all, SEC filing

And just my opinion, the union shouldn’t be sending out any company lofty “pie in the sky” changes to save the company. Save that propaganda fantasy land for the investment community.

Halon1211 11-21-2024 09:33 AM


Originally Posted by CincoDeMayo (Post 3854323)
Yeah, nothing given to the employees at all, SEC filing

And just my opinion, the union shouldn’t be sending out any company lofty “pie in the sky” changes to save the company. Save that propaganda fantasy land for the investment community.

I don’t mean to turn this into an attack on TC,

but why are they keeping him around? He got a $3.4 million bonus and he did absolutely nothing for the shareholders.

I don’t even care about the employees or the customers because that’s not a company’s main concern.

A company’s main concern is for the shareholders and he has done nothing for them. He’s lost almost all their money. what is the plan?

they’ve gotta have a plan… no Board of Directors in their right mind would keep him around if he did have something up his sleeve.

CincoDeMayo 11-21-2024 09:50 AM


Originally Posted by Halon1211 (Post 3854355)
I don’t mean to turn this into an attack on TC,

but why are they keeping him around? He got a $3.4 million bonus and he did absolutely nothing for the shareholders.

I don’t even care about the employees or the customers because that’s not a companies main concern.

A company’s main concern is for the shareholders and he has done nothing for them. He’s lost almost all their money. what is the plan?

$4.219m bonus. But who’s counting…

And no, he has lost all of their money. Stock was $26 a share in 2022 when the F9/NK merger was announced, it’s trading .16 OTC currently. So a $50k investment then is worth $307 now. That’s losing all their money.

But I’m glad the big stockholders lost their money on this. They had the solid F9 deal, they wanted to push it for the slightly larger payday of JBLU, know the DOJ had a stiffy for mergers. Look what happened.

Noisecanceller 11-21-2024 09:56 AM


Originally Posted by CincoDeMayo (Post 3854360)
$4.219m bonus. But who’s counting…

And no, he has lost all of their money. Stock was $26 a share in 2022 when the F9/NK merger was announced, it’s trading .16 OTC currently. So a $50k investment then is worth $307 now. That’s losing all their money.

But I’m glad the big stockholders lost their money on this. They had the solid F9 deal, they wanted to push it for the slightly larger payday of JBLU, know the DOJ had a stiffy for mergers. Look what happened.

What makes you think they would’ve allowed the Frontier merger at the time other than Ted saying so. More money from JetBlue was the better deal. The Frontier would’ve been shot down for the very same reason had the DOJ sued which they would have.

SSlow 11-21-2024 10:59 AM


Originally Posted by Noisecanceller (Post 3854365)
What makes you think they would’ve allowed the Frontier merger at the time other than Ted saying so. More money from JetBlue was the better deal. The Frontier would’ve been shot down for the very same reason had the DOJ sued which they would have.

Agree 100%

We will never truly know, but the F9 deal was far from being a lay up with Biden's DOJ. At that point in time I doubt any merger had much of a chance.



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