upsiddwn

Anybody need a Spirit Leather coat?

I have one for sale:

Perrone Leather Professional Aviator's Jacket - eBay (item 300369681605 end time Nov-26-09 16:35:32 PST)

Short Bus Drive

No thanks, already have TWO!!!

shiftwork

You know somthing that the rest of don't? IPO... merger.... etc...

No thanks, it would clash with my black velcro pleather sneakers.

Sailor

For NK to go IPO, don't they need 8-9 qtrs showing profit ?
I think they had 4-5 so far, if they plan to go public, we are looking at sometime in 2011.

But then again, 30 AC range for these guys looks like it works just fine for money making.

Who knows, if they were more incline to the airline business, I think they would have started expansion a while back, more attention to customer service and better organized management.

It is so hard to read what they do. Too bad the jacket has the logo and is not XL.

Cheers

BoredwLife

They need to show as many quarters that they feel comfortable showing before they go public. But here is what in my opinion, which isn't much, they are looking for to go public.

1. Contract Negotiated
2. 5+ quarters of profitability
3. Growth (plans for Growth)
4. Stability in the cost of fuel (Hedges) to try and insure that they will see at least 4-6 profitable quarters folowing the IPO.

Remember though. THE NUMBER ONE RULE for a sucessful IPO is to be showing future growth. Without it you are looking at a ugly mess.

ALPO Whisperer

I totally agree with you BoredwLife. This is most likely why we have 30 aircraft orders on the books. By having the orders on the books, it shows that the company has the prospects of future growth. It DOES NOT NECESSARILY MEAN however that Spirit will ever see those aircraft on property.

We are at 28 flying erector sets right now. Thirty more erector sets would basically show investors we could double in size. The investors get their money, never have to spend money on actual aircraft deliveries, get stock, and possibly get MORE value to their stock if/when a merger is completed.

What do ya'll think?

Sailor

All value points, but Merger? I think sell out if that! why or who will ever consider merging with NK?. Not disrespect, but Air Jamaica? RAH?

Sail

ALPO Whisperer

Hey Sailor

I would think a sale would be a possible scenario also, although I didn't specifically mention it in my post. I could think of a couple legacy carriers that would be interested in our route structure. Whether that could happen through a sale or merger, who knows??

I think any number of scenarios is possible, but one thing is for sure: I don't see these guys in this operation for the LONG haul. One trip to recurrent training, where you are sitting in what use to be the headquarters cafeteria, should clearly show all of us they aren't in this forever. If so, we would be investing in facilities, gates, have our own training center, sims, etc..

But, that's the great thing about these webboards. We can pretend to be airline CEOs and plot our plan for world dominance! If it was up to me, we'd have 747s, be flying 10 flights a day between DTW-FLL (for our DTW commuters), and I would even throw in some flights between DTW-ACY (for those ACY commuters).

captscott26

Indigo is NEVER going to spend their own money to grow this place.....EVER! They are in this company to make a boat load of money from an IPO. After that, whether or not its Indigo as the major shareholder or someone else, there will be public money available to reinvest in the company. Im sure Indigo would be willing to spend public money after the IPO, but only in such a way that would increase the value of NK shares, thereby making them more money......are you starting to see a pattern here?

A320Flyer

Good assessments from everybody. I must agree that Indigo's strategic planning is towards an IPO. Growth, profits, workforce with a contract are all basic requirements. Now, this company must improve its service quality, and I hope they are seriously looking to do so.
Who here is buying NK stock??
By the way...notice the AIRES advertising here on APC? FLL-BOG for US$ 267.00.