The Spirit of Frontier

Reply Subscribe

Page 3 of 4

Thread Tools

Search this Thread

05-18-2015, 03:56 PM

#21

zoooropa

Gets Weekends Off

Joined APC: Jul 2009

Posts: 641

Quote:

Originally Posted by flyingpuma1

I just hope it takes at least two years so I can upgrade before it happens.

You will likely have plenty of time. Indigo will not merge prior to an IPO and IPO's take time. Think about it, Indigo recently sold all of their SAVE stock. The alternative to an "IPO followed by a merger" would be a merger paid with stock...the very same stock they just unloaded.

If there is going to be a Spirit-F9 merger is aint gonna happen soon. Meanwhile, Indigo netted $129 MM in 2014. That is almost 4 times what they paid out of pocket to buy F9 (not including the NEO PDP's).

Why IPO and share the gains with common shareholders? This thing is a fricken printing press right now. I have to admit, after being here for a decade I never thought I would equate F9 with a money printing machine but here we are....customer service on the other hand....

05-18-2015, 04:16 PM

#22

Barley

Gets Weekends Off

Joined APC: Dec 2013

Posts: 501

Quote:

Originally Posted by zoooropa

That $129 million profit equated to an 8% profit margin. Are you aware of the margin other carriers made last year?

05-18-2015, 08:31 PM

#23

sulkair

Gets Weekends Off

Joined APC: Jan 2009

Posts: 1,459

Quote:

Originally Posted by Barley

That $129 million profit equated to an 8% profit margin. Are you aware of the margin other carriers made last year?

No, tell us.

05-18-2015, 10:03 PM

#24

Great Santini

Gets Weekends Off

Joined APC: Jan 2008

Posts: 114

Quote:

Originally Posted by Barley

That $129 million profit equated to an 8% profit margin. Are you aware of the margin other carriers made last year?

From just cursory data, Delta, arguably the most stable and best airline on the board, had a 6.9% margin on gross revenues or a 1.6% margin after special items in 2014. Southwest, the media darling in the airline industry, showed a 6% margin in 2014. Keep in mind these airlines had 40.2 billion and 18.61 billion in gross revenues respectively, so a "percent" goes a long way

05-19-2015, 07:16 AM

#25

zoooropa

Gets Weekends Off

Joined APC: Jul 2009

Posts: 641

Quote:

Originally Posted by Barley

That $129 million profit equated to an 8% profit margin. Are you aware of the margin other carriers made last year?

I am aware of the other margins. Are you disagreeing with my printing press analogy?

05-19-2015, 10:40 AM

#26

Jett i son

escaped

Joined APC: Aug 2011

Posts: 227

I believe that the likelihood of a merger will increase every year for the next five years, until NK gets some west coast bases and increases flying in the Pacific zone.
Where is F9 expanding currently?

05-19-2015, 11:33 AM

#27

ULLI

Gets Weekends Off

Joined APC: Feb 2014

Posts: 567

Quote:

Originally Posted by Jett i son

Where is F9 expanding currently?

Focus is on the east, mostly North to south (at least for winter time it was). Building up presence on the east seems like a priority. West coast got butchered (frequency wise) . Just ask all the phx, Las, sea, sna, lax, San commuters. We never know anything until press releases occur.

05-19-2015, 03:20 PM

#28

Aero1900

Gets Weekends Off

Joined APC: Nov 2012

Position: 1900D CA

Posts: 3,476

The 8% profit margin is for the calendar year of 2014. Indigo didn't get their business plan rolling until a couple months in 2014. The profit margin and operating costs have been down each quarter. Expect a larger profit margin in the future, so long as gas doesn't come rocketing back up.

05-19-2015, 05:06 PM

#29

Jett i son

escaped

Joined APC: Aug 2011

Posts: 227

Quote:

Originally Posted by ULLI

West coast got butchered (frequency wise)

Thanks for that info ULLI.
Why do you think that the West coast got butchered?
Too much of an Alaska, SWA market?

05-19-2015, 05:26 PM

#30

phoenix 23684

Gets Weekends Off

Joined APC: Mar 2008

Position: Airbus F/O

Posts: 333

Quote:

Originally Posted by Jett i son

Thanks for that info ULLI.
Why do you think that the West coast got butchered?
Too much of an Alaska, SWA market?

We were told in recurrent that because of the blood bath between Alaska and Delta that it is not the time and that we need to keep establishing presence on the east were we have been successful. There are future plans to head west just not sure when.