2024: the "Frontier will buy Spirit" theory
#142
Gets Weekends Off
Joined APC: Mar 2017
Posts: 193
#143
Almost there
Joined APC: Apr 2021
Posts: 1,283
What are the odds F9 further defers or even cancels orders and instead seeks to acquire Spirit again under the right (fire sale) conditions? Genuinely curious. Sure, it’d mean taking on some debt and likely redundant staffing levels but assuming some debt renegotiation and attrition of Spirit staff as people rush for the exits, is there a chance Spirit stock could be cheap enough for this at some point?
Sure it’d mean forgoing some SLB gains but I’d imagine they can get some value from deferrals or transferring orders to other hungry airlines given the current environment.
Sure it’d mean forgoing some SLB gains but I’d imagine they can get some value from deferrals or transferring orders to other hungry airlines given the current environment.
Or it may actually help a potential merger to have so many aircraft down while everything else gets sorted out. They are being paid for by Pratt for now. Fly the ~320 usable combined fleet in ‘25 and then quickly scale up as the approximately 90 downed aircraft come back online or see how the ULCC market is doing? Maybe the aircraft being down but paid for gives you time and ability pivot easier?
#144
The merger if announced in Q4 2024 would not be complete until sometime late in 2025. 2025 in general would be a non factor... I personally think the merger will be announced sometime in sep/oct/nov...
If they do merge I might actually think on staying long term if I don't get an oppertunity in 25 for a legacy. I would much prefer to bet on the 5th largest airline in the country then be on the bottom of a legacy after literally thousands more where hired before me after 2025. At a certain point idgaf about flying for widget or globe if the combined spirit/frontier offered good pay and good trips long term. Anyone thinking about that combined airline in QOL in the very short term is short cited. Who knows what the cobined airline turns into 5-10 years from now, personally I think it's pretty exicitng if it were to happen
If they do merge I might actually think on staying long term if I don't get an oppertunity in 25 for a legacy. I would much prefer to bet on the 5th largest airline in the country then be on the bottom of a legacy after literally thousands more where hired before me after 2025. At a certain point idgaf about flying for widget or globe if the combined spirit/frontier offered good pay and good trips long term. Anyone thinking about that combined airline in QOL in the very short term is short cited. Who knows what the cobined airline turns into 5-10 years from now, personally I think it's pretty exicitng if it were to happen
#145
Gets Weekends Off
Joined APC: Dec 2022
Posts: 858
What are the odds F9 further defers or even cancels orders and instead seeks to acquire Spirit again under the right (fire sale) conditions? Genuinely curious. Sure, it’d mean taking on some debt and likely redundant staffing levels but assuming some debt renegotiation and attrition of Spirit staff as people rush for the exits, is there a chance Spirit stock could be cheap enough for this at some point?
Sure it’d mean forgoing some SLB gains but I’d imagine they can get some value from deferrals or transferring orders to other hungry airlines given the current environment.
Sure it’d mean forgoing some SLB gains but I’d imagine they can get some value from deferrals or transferring orders to other hungry airlines given the current environment.
#146
Gets Weekends Off
Joined APC: Nov 2012
Position: 1900D CA
Posts: 3,476
If you were working paycheck to paycheck would you marry a girlfriend that ranks as a 5 and has $250k in student loan debt, works as a barista, but has a Miata owned free and clear. Oh and while you told her it’s not wise she still racks up her credit cards every month with no real plans on how to pay them while working as a barista.
#147
If you were working paycheck to paycheck would you marry a girlfriend that ranks as a 5 and has $250k in student loan debt, works as a barista, but has a Miata owned free and clear. Oh and while you told her it’s not wise she still racks up her credit cards every month with no real plans on how to pay them while working as a barista.
#149
Line Holder
Joined APC: Apr 2018
Posts: 66
People keep saying this, but I'm confused as to why this is so relevant now versus the prior merger attempt. The debt was always going to come due next year, wasn't it? Or did something change between the prior merger attempt and now? If their assets and debts were good enough for us to acquire in 2022, they're good enough to acquire now. Just at a discounted price. Or if that's incorrect I'm curious as to why.
#150
Gets Weekends Off
Joined APC: Nov 2012
Position: 1900D CA
Posts: 3,476
People keep saying this, but I'm confused as to why this is so relevant now versus the prior merger attempt. The debt was always going to come due next year, wasn't it? Or did something change between the prior merger attempt and now? If their assets and debts were good enough for us to acquire in 2022, they're good enough to acquire now. Just at a discounted price. Or if that's incorrect I'm curious as to why.
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