JetBlue bids for Spirit Airlines
05-06-2022, 12:43 PM
#742
Gets Weekends Off
Joined APC: Nov 2005
Posts: 2,522
JetBlue bids for Spirit Airlines
And everyday the ULCC stock goes down their offer gets worse.
The JB offer is 60% over market value now and like 50 better than the frontier one after this weeks sell off.
Less overlap on routes than the frontier merger and only creates the 5th largest airline. DOJ concerns are overblown.
Very interesting to watch this play out.
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05-06-2022, 01:12 PM
#743
Gets Weekends Off
Joined APC: Mar 2016
Position: 320 Captain
Posts: 172
And everyday the ULCC stock goes down their offer gets worse.
The JB offer is 60% over market value now and like 50 better than the frontier one after this weeks sell off.
Less overlap on routes than the frontier merger and only creates the 5th largest airline. DOJ concerns are overblown.
Very interesting to watch this play out.
Sent from my iPad using Tapatalk
The JB offer is 60% over market value now and like 50 better than the frontier one after this weeks sell off.
Less overlap on routes than the frontier merger and only creates the 5th largest airline. DOJ concerns are overblown.
Very interesting to watch this play out.
Sent from my iPad using Tapatalk
05-06-2022, 09:16 PM
#748
Gets Weekends Off
Joined APC: Mar 2016
Position: 320 Captain
Posts: 172
Further, the point of JetBlue acquiring us is to combat the very thing you argue against. It's to grow the JB brand. Just as Frontier wants to grow their brand, by acquiring crews and ships. Neither company is going to bring all this on and continue life as normal within their existing networks/bases. They will expand. As I understand it, JB has a net positive delivery schedule for their fleet, even with parking 190s. Combine that with our deliveries, the stagnation stops for existing employees for some time to come. So as long as we can staff the airline, which btw, I see as much more of a problem with Frontier than JB. Either way, we're fine. But Spirit is going to change drastically from what it was with either airline. I would argue that we would see net improvements in pay and QOL with JB over that of Frontier. We're already seeing the company adapt to the Frontier model and i've not met many people that are happy about it.
Just a thought or 2
05-07-2022, 03:39 AM
#749
Gets Weekends Off
Joined APC: Nov 2015
Posts: 1,409
To be fair, things are pretty stagnant here at Spirit too. Regardless of how quickly someone might have upgraded or how quickly they might have held a line, the company is dramatically changing how we fly our trips and things have come mostly to a standstill here. Management wants to go to a hybrid Allegiant model of some sort and they won't tell us any specifics on what that will look like. Being a part of what's going on at Spirit right now has a lot of people headed for greener pastures. The company is completely fine with uprooting hundreds of families so they can "try" some new fangled schedule to improve operations.. all the while, not investing in the very infrastructure that is required to improve said operations. It's a complete joke at Spirit right now.
Further, the point of JetBlue acquiring us is to combat the very thing you argue against. It's to grow the JB brand. Just as Frontier wants to grow their brand, by acquiring crews and ships. Neither company is going to bring all this on and continue life as normal within their existing networks/bases. They will expand. As I understand it, JB has a net positive delivery schedule for their fleet, even with parking 190s. Combine that with our deliveries, the stagnation stops for existing employees for some time to come. So as long as we can staff the airline, which btw, I see as much more of a problem with Frontier than JB. Either way, we're fine. But Spirit is going to change drastically from what it was with either airline. I would argue that we would see net improvements in pay and QOL with JB over that of Frontier. We're already seeing the company adapt to the Frontier model and i've not met many people that are happy about it.
Just a thought or 2
Further, the point of JetBlue acquiring us is to combat the very thing you argue against. It's to grow the JB brand. Just as Frontier wants to grow their brand, by acquiring crews and ships. Neither company is going to bring all this on and continue life as normal within their existing networks/bases. They will expand. As I understand it, JB has a net positive delivery schedule for their fleet, even with parking 190s. Combine that with our deliveries, the stagnation stops for existing employees for some time to come. So as long as we can staff the airline, which btw, I see as much more of a problem with Frontier than JB. Either way, we're fine. But Spirit is going to change drastically from what it was with either airline. I would argue that we would see net improvements in pay and QOL with JB over that of Frontier. We're already seeing the company adapt to the Frontier model and i've not met many people that are happy about it.
Just a thought or 2
05-07-2022, 04:26 AM
#750
Gets Weekends Off
Joined APC: Jan 2018
Posts: 1,790
To be fair, things are pretty stagnant here at Spirit too. Regardless of how quickly someone might have upgraded or how quickly they might have held a line, the company is dramatically changing how we fly our trips and things have come mostly to a standstill here. Management wants to go to a hybrid Allegiant model of some sort and they won't tell us any specifics on what that will look like. Being a part of what's going on at Spirit right now has a lot of people headed for greener pastures. The company is completely fine with uprooting hundreds of families so they can "try" some new fangled schedule to improve operations.. all the while, not investing in the very infrastructure that is required to improve said operations. It's a complete joke at Spirit right now.
Further, the point of JetBlue acquiring us is to combat the very thing you argue against. It's to grow the JB brand. Just as Frontier wants to grow their brand, by acquiring crews and ships. Neither company is going to bring all this on and continue life as normal within their existing networks/bases. They will expand. As I understand it, JB has a net positive delivery schedule for their fleet, even with parking 190s. Combine that with our deliveries, the stagnation stops for existing employees for some time to come. So as long as we can staff the airline, which btw, I see as much more of a problem with Frontier than JB. Either way, we're fine. But Spirit is going to change drastically from what it was with either airline. I would argue that we would see net improvements in pay and QOL with JB over that of Frontier. We're already seeing the company adapt to the Frontier model and i've not met many people that are happy about it.
Just a thought or 2
Further, the point of JetBlue acquiring us is to combat the very thing you argue against. It's to grow the JB brand. Just as Frontier wants to grow their brand, by acquiring crews and ships. Neither company is going to bring all this on and continue life as normal within their existing networks/bases. They will expand. As I understand it, JB has a net positive delivery schedule for their fleet, even with parking 190s. Combine that with our deliveries, the stagnation stops for existing employees for some time to come. So as long as we can staff the airline, which btw, I see as much more of a problem with Frontier than JB. Either way, we're fine. But Spirit is going to change drastically from what it was with either airline. I would argue that we would see net improvements in pay and QOL with JB over that of Frontier. We're already seeing the company adapt to the Frontier model and i've not met many people that are happy about it.
Just a thought or 2
It’s not 2018. Not that the head shed realizes it.
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