JetBlue bids for Spirit Airlines
06-09-2022, 09:36 AM
#1341
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,638
I think NK is attempting two things here.
One, extending the vote because they knew it wouldn't pass which was probably coordinated with F9... Perhaps to renegotiate the F9 offer and see what kind of "plausible" spin they can put on it being still a lower...but closer to JB amount.
Or two, F9 can't get close and are like you said negotiating a deal where NK saves face and they get something from the deal.
I absolutely do not think 33 being the first offer JB made for us was their best and final. Never show your hand. Even if F9 were to counter..I think JB has a bit more to offer. I don't think they let this go.
I'm really hoping your management comes correct so I don't have to if even temporarily work for F9.
One, extending the vote because they knew it wouldn't pass which was probably coordinated with F9... Perhaps to renegotiate the F9 offer and see what kind of "plausible" spin they can put on it being still a lower...but closer to JB amount.
Or two, F9 can't get close and are like you said negotiating a deal where NK saves face and they get something from the deal.
I absolutely do not think 33 being the first offer JB made for us was their best and final. Never show your hand. Even if F9 were to counter..I think JB has a bit more to offer. I don't think they let this go.
I'm really hoping your management comes correct so I don't have to if even temporarily work for F9.
06-09-2022, 01:15 PM
#1342
Gets Weekends Off
Joined APC: Sep 2016
Posts: 924
https://thepointsguy.com/news/spirit-frontier-jetblue-merger-column/?fs=e&s=cl
06-09-2022, 08:44 PM
#1343
Slave
Joined APC: Oct 2016
Position: Hot tub
Posts: 1,359
DOJ is going forward with its lawsuit……..
06-09-2022, 08:56 PM
#1344
Covfefe
Joined APC: Jun 2015
Posts: 3,001
Was expected. But it would be cool if they dismantled the NEA altogether, or restricted it to a simple codeshare or something. Would be quite ironic if the byproduct of the DOJ’s ruling did more for scope protection than the joke of a union that is B6ALPO.
06-09-2022, 10:54 PM
#1345
Gets Weekends Off
Joined APC: Aug 2019
Posts: 1,190
I would love it. But it’ll drag out long enough for me NK acquisition to happen.
06-10-2022, 03:40 AM
#1347
Gets Weekends Off
Joined APC: Aug 2007
Posts: 2,005
Under what grounds would it get dismantled all together? So just let the big boys continue to hoard all the slots in NYC? Seems like other airlines, especially Delta, have increased their presence in response to the NEA, not retreated.
06-10-2022, 06:27 AM
#1348
Covfefe
Joined APC: Jun 2015
Posts: 3,001
these grounds.
I doubt DOJ will win. But I hope they do. Especially if the NK deal goes through.
06-10-2022, 07:13 AM
#1349
Perennial Reserve
Joined APC: Jan 2018
Posts: 11,798
https://www.justice.gov/opa/pr/justi...n-airlines-and
these grounds.
I doubt DOJ will win. But I hope they do. Especially if the NK deal goes through.
these grounds.
I doubt DOJ will win. But I hope they do. Especially if the NK deal goes through.
This seems more a concern about AA INCREASING its monopoly rather than any problem with B6 per se. DOJ trying to peel off B6 from AA (largest airline in the country) doesn’t really suggest they would be all that upset about B6 growing through merger with NK.
06-10-2022, 07:29 AM
#1350
Covfefe
Joined APC: Jun 2015
Posts: 3,001
agree. I don’t think the NK deal will have much issue getting past a DOJ lawsuit (but which I fully expect to be filed if the B6 deal goes through). Also, the DOJ striking the NEA down will be a free out for B6. As it is now, B6 is on the hook for hundreds of millions in exit fees if they leave before the NEA term is up.
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