JetBlue bids for Spirit Airlines
05-09-2022, 01:26 PM
#791
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Joined APC: Mar 2012
Posts: 992
Maybe drop it $1 a day until they accept the offer. Could go a few weeks and STILL be a better/superior deal than the one they have with Frontier.
05-09-2022, 01:43 PM
#792
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Joined APC: Aug 2007
Posts: 684
Maybe you guys didn’t see that they turned down the offer because they don’t believe it will get regulatory approval. Had nothing to do with finances.
05-09-2022, 02:50 PM
#794
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Joined APC: Mar 2012
Posts: 992
And maybe you didn't "see" Russia invaded Ukraine to denazify them. Had nothing to do with expanding regional influence and rebuilding the old Soviet Union. I mean you believe everything you read, even when the truth is right in front of you, right?
05-09-2022, 04:07 PM
#795
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Joined APC: Aug 2007
Posts: 684
Spirit’s CEO is ridiculing JetBlue’s offer in their quarterly earnings call. Maybe JB decides to play mean with Spirit, who knows, but it seems pretty clear that this deal won’t be proceeding with cooperation from Spirit’s leadership.
05-09-2022, 04:51 PM
#796
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Joined APC: Jan 2018
Posts: 2,278
He made a good point. Why would the DOJ approve a merger that eliminates competition, when JBlu is already being sued by the DOJ due to lack of competition because of the NEA?
05-09-2022, 05:16 PM
#797
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Joined APC: Oct 2019
Posts: 993
I honestly can’t believe JetBlue thought they were gonna get both the NEA and Spirit. One or the other is reasonable…not both. I can’t see this thing with Spirit going any further at this point.
05-09-2022, 09:32 PM
#800
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Joined APC: Jan 2018
Posts: 1,790
How long has it been since the DOJ blocked a merger of major airlines?
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