Spirit of NKS, Part II

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01-05-2016 | 06:41 AM

#2561

Dr Pepper

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Interesting enough BBB bought 2000 shares of stock a couple of weeks ago. On news of his departure the stock is up almost 6% today. It must be nice to be on the inside.

01-05-2016 | 06:41 AM

#2562

Jamers

Gets Off to Weekends

Joined: Jan 2007

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From: A320 FO

Quote:

Originally Posted by gonyon

What does this all mean for our Quid?

Parity for all or it isn't parity at all

I think saying the word "quid" is almost as comical as expecting any form of repayment for giving up the contract last summer.

01-05-2016 | 06:55 AM

#2563

Feng

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Joined: Aug 2013

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Quote:

Originally Posted by Dr Pepper

Interesting enough BBB bought 2000 shares of stock a couple of weeks ago. On news of his departure the stock is up almost 6% today. It must be nice to be on the inside.

So he made $3000 on that deal, how stupid do you think he is?

01-05-2016 | 06:59 AM

#2564

Dr Pepper

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Joined: Feb 2014

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Quote:

Originally Posted by Feng

So he made $3000 on that deal, how stupid do you think he is?

Deal isn't done, give it a few more months. Fornaro was hired mid 2015, BBB sold his house about 6 months ago, you think those are all coincidences?

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01-05-2016 | 07:08 AM

#2565

Plane Ramrod

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Quote:

Originally Posted by Feng

So he made $3000 on that deal, how stupid do you think he is?

Wow 3K! That will about cover his electric bill.

01-05-2016 | 07:24 AM

#2566

Dr Pepper

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Actually it's 5000 shares valued at 212,000 according to Forbes. I know still chump change to you big Captains

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01-05-2016 | 07:30 AM

#2567

kansas

Swearing at the FMA

Joined: Jun 2006

Posts: 902

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From: MD-88 FO

Quote:

Originally Posted by drummerguy

Hey guys, what is the website for ordering uniforms...

Order early. If you decide to go through them at all, it takes a while, pretty much everything is on backorder.

01-05-2016 | 07:35 AM

#2568

Plane Ramrod

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Joined: Jun 2010

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Quote:

Originally Posted by Dr Pepper

Actually it's 5000 shares valued at 212,000 according to Forbes. I know still chump change to you big Captains

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Not to captains, but to $6.4M ceo's, yes. Chump change. Or around here chimp change.

01-05-2016 | 07:35 AM

#2569

Plane Ramrod

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Quote:

Originally Posted by BiminiBendo

Hey guys,

I'd like to be the first on this esteemed forum to welcome our new CEO and express my support For his leadership.
In other news

Have fun

High five millennials!

Hey Bendo, I wouldn't buy any green bananas if I were you!

Last edited by UAL T38 Phlyer; 01-05-2016 at 05:36 PM. Reason: TOU in Wuote

01-05-2016 | 07:39 AM

#2570

The Juice

ULTP-Ultra Low Tier Pilot

Joined: Dec 2007

Posts: 3,228

Likes: 0

Quote:

Originally Posted by Dr Pepper

Deal isn't done, give it a few more months. Fornaro was hired mid 2015, BBB sold his house about 6 months ago, you think those are all coincidences?

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Fornaro joined the board in 2014.

Market seems to like the change, from S&P...

"We like this move, as we think Mr. Fornaro has years of experience running a low cost carrier and we also think he did a good job going head to head with the larger network carriers during his tenure. We like the orderly succession, and remain positive on Spirit's fast revenue growth trajectory. Price competition with larger carriers remains a concern, but we think Mr. Fornaro has the right experience for this issue."

Watched a few interviews from Fornaro from his time at AirTran. He speaks a lot about the importance of a quality product for the passengers, as well as low fares. Heres hoping some attention can put towards the "quality product" part.

Fornaro cleaned house at the executive level when he took over AirTran...Bendo may be Gonzo....oh yeah, dropping bad puns...