Frontier Hiring.
01-09-2017, 05:42 AM
#6551
Gets Weekends Off
Joined APC: Aug 2010
Position: A319/A320/A321 CA
Posts: 363
Hey folks, sorry to interject. Just saw this article and was curious about the $2bil valuation they are shooting for the IPO. Does F9 own all of its fleet? Or leased?
VX was about $1.6bil valuation before the crazy bidding war began, but they had some high priced real estate in SFO.
VX was about $1.6bil valuation before the crazy bidding war began, but they had some high priced real estate in SFO.
The only valuable real estate F9 had was in Denver, and our management volunteered to cut the number of gates in half; at the same time every newspaper was claiming Denver as the fastest growing city in the U.S. There is no long-term vision for this company, it exists solely for short-term profits.
01-09-2017, 05:45 AM
#6552
Gets Weekends Off
Joined APC: Nov 2015
Posts: 1,522
To my knowledge all of "our" aircraft and future aircraft orders are leased-back after being sold to GE Capital.
The only valuable real estate F9 had was in Denver, and our management volunteered to cut the number of gates in half; at the same time every newspaper was claiming Denver as the fastest growing city in the U.S. There is no long-term vision for this company, it exists solely for short-term profits.
The only valuable real estate F9 had was in Denver, and our management volunteered to cut the number of gates in half; at the same time every newspaper was claiming Denver as the fastest growing city in the U.S. There is no long-term vision for this company, it exists solely for short-term profits.
01-09-2017, 06:28 AM
#6553
Gets Weekends Off
Joined APC: Nov 2012
Position: 1900D CA
Posts: 3,476
Hey folks, sorry to interject. Just saw this article and was curious about the $2bil valuation they are shooting for the IPO. Does F9 own all of its fleet? Or leased?
VX was about $1.6bil valuation before the crazy bidding war began, but they had some high priced real estate in SFO.
VX was about $1.6bil valuation before the crazy bidding war began, but they had some high priced real estate in SFO.
If Frontier is worth 2 Billion to investors, then Indigo made a heck of a profit buying us for 150 million. Kind of makes a few tarmac delays seems inconsequential, doesn't it?
01-09-2017, 08:31 AM
#6554
Gets Weekends Off
Joined APC: Aug 2016
Position: Bus CA
Posts: 659
No. For an operation of our size to have that many tarmac delays during one minor snow event, it is ridiculous and scary. It is not inconsequential.
01-09-2017, 08:46 AM
#6555
Gets Weekends Off
Joined APC: Dec 2015
Posts: 497
01-09-2017, 09:01 AM
#6556
Gets Weekends Off
Joined APC: Aug 2014
Position: Airbus FO
Posts: 279
To my knowledge all of "our" aircraft and future aircraft orders are leased-back after being sold to GE Capital.
The only valuable real estate F9 had was in Denver, and our management volunteered to cut the number of gates in half; at the same time every newspaper was claiming Denver as the fastest growing city in the U.S. There is no long-term vision for this company, it exists solely for short-term profits.
The only valuable real estate F9 had was in Denver, and our management volunteered to cut the number of gates in half; at the same time every newspaper was claiming Denver as the fastest growing city in the U.S. There is no long-term vision for this company, it exists solely for short-term profits.
N201FR
N202FR
N910FR
N941FR
N943FR
N949FR
01-09-2017, 09:30 AM
#6557
Gets Weekends Off
Joined APC: Dec 2015
Posts: 497
01-09-2017, 11:02 AM
#6558
Gets Weekends Off
Joined APC: Aug 2016
Position: Bus CA
Posts: 659
Ok, so 57/63 aircraft in our fleet are lease-backs. We have six wholly owned hangar queens. The original question on ownership was in reference to Frontier's valuation for an IPO. Frontier owns the oldest 9% of the current fleet, I'm not sure that adds a great deal to the valuation.
01-09-2017, 11:55 AM
#6559
Gets Weekends Off
Joined APC: Jun 2016
Posts: 629
Airbus are pointless to own. They build these things with term limits. They're not Boeings that have the potential to take on a whole other life when a pax carrier is done with them. Airbus' head to the scrap yard.
What's attractive is up front incentives negotiated/offered by Airbus to take deliveries, then attractive lease terms with a solid order book. The lease payments are just a cost of doing business.
The delivery schedule and fleet count numbers by years end including givebacks is 72 birds. 8.5 to 9 pilots per bird.
What's attractive is up front incentives negotiated/offered by Airbus to take deliveries, then attractive lease terms with a solid order book. The lease payments are just a cost of doing business.
The delivery schedule and fleet count numbers by years end including givebacks is 72 birds. 8.5 to 9 pilots per bird.
01-09-2017, 02:12 PM
#6560
Gets Weekends Off
Joined APC: Jul 2009
Posts: 415
The only valuable real estate F9 had was in Denver, and our management volunteered to cut the number of gates in half; at the same time every newspaper was claiming Denver as the fastest growing city in the U.S. There is no long-term vision for this company, it exists solely for short-term profits.
How they ever got this approved is beyond me. Maybe that's just the first half of the plan. Now if they can get the city to approve the reverse process for boarding passengers, we can have 'drive through' service and won't need any gates!!
Thread
Thread Starter
Forum
Replies
Last Post
4 Fan Trashcan
Mergers and Acquisitions
7
01-28-2009 09:27 AM
