The Spirit of Frontier
05-21-2015, 04:58 PM
#32
Banned
Joined APC: Feb 2011
Position: Bus FO
Posts: 316
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....
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....
Another point to add is that if an Integration happened: everyone hired from Sept 13 and later (at both Spirit and Frontier) would be in the same relative position regardless of a DOH integration or a Relative Seniority integration. If they announced a merger tomorrow, it would still take a year. By that time a 2013 hire would be a captains at both airlines! That's over half the list of an easy to agree on: can't really lose/ can't really gain integration. The other/ more senior half would be much more difficult
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