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Old 11-10-2023, 06:25 AM
  #111  
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Originally Posted by HotSnakes
I'd be worried if we lost Robin. Many don't like him, but can't explane why. Just the other day I heard one of our pilots say he'd rather have Neilman back at the helm. I argued if Neilman never left we wouldn't have Mint, we wouldn't be in Europe, and we be struggling with a similar model to Spirit.
I hear similar from guys when the topic of management comes up with similar reactions when I tell them that I actually like Robin.

JG can go by the wayside, I'm not impressed at all by her. Robin does a good job though IMO.
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Old 11-10-2023, 06:36 AM
  #112  
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Originally Posted by CincoDeMayo
Exactly.

And for some that are new to the game, here is some sad truth for this industry; airlines have and will file bankruptcy. It’s the industry. And I’ll add, Chapter 11 is much better than continuing to **** through money to the point you close the doors.

NK probably files Ch11 first half of 2024 if this merger gets shot down. JBLU, who knows, maybe Robin gets shown the door and a new CEO has to make decisions if the merger fails.

But this ridiculous “the stock is at…” every day doesn’t matter. Come wake me when it’s a penny and it’s on the verge of being delisted.

The merger and the judge, that’s all that matters. I’m glad to see more JBLU guys for this merger as we are all realizing we need to grow to compete. This is the way
^^^^This^^^^

By the way; did anyone else notice the Reagan quote at the end of yesterday's trial notes...I mean it was about Veteran's Day (Happy Vet's Day to all), but it was very fitting that the Reagan appointed judge picked a Reagan quote, just sayin'
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Old 11-10-2023, 06:46 AM
  #113  
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Originally Posted by Clear Right
^^^^This^^^^

By the way; did anyone else notice the Reagan quote at the end of yesterday's trial notes...I mean it was about Veteran's Day (Happy Vet's Day to all), but it was very fitting that the Reagan appointed judge picked a Reagan quote, just sayin'
I know I’m looking way too much into this but for an octogenarian judge to quote statements of “freedom” from a man who is still looked at as the father of capitalism for the Republican Party.

I just wish he just chose another famous Reagan quote “Government is not the solution to our problems, government is the problem.”
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Old 11-10-2023, 07:38 AM
  #114  
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Originally Posted by CincoDeMayo
Exactly.

And for some that are new to the game, here is some sad truth for this industry; airlines have and will file bankruptcy. It’s the industry. And I’ll add, Chapter 11 is much better than continuing to **** through money to the point you close the doors.

NK probably files Ch11 first half of 2024 if this merger gets shot down. JBLU, who knows, maybe Robin gets shown the door and a new CEO has to make decisions if the merger fails.

But this ridiculous “the stock is at…” every day doesn’t matter. Come wake me when it’s a penny and it’s on the verge of being delisted.

The merger and the judge, that’s all that matters. I’m glad to see more JBLU guys for this merger as we are all realizing we need to grow to compete. This is the way
This. Shared a van full of pilots with one particularly loud captain making the assertion that if the merger doesn't happen the stock price will "go to zero which will put us in bankruptcy.." When I asked what one thing had to do with the other he said "if we don't turn a profit the stock is worthless", to which I asked about companies with years of zero earnings that have share prices that continually climb, he informed me that such companies don't exist. I just let it go as some people just enjoy beating their drum even if they've never heard the song.
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Old 11-10-2023, 07:48 AM
  #115  
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Originally Posted by RemoveB4flght
This. Shared a van full of pilots with one particularly loud captain making the assertion that if the merger doesn't happen the stock price will "go to zero which will put us in bankruptcy.." When I asked what one thing had to do with the other he said "if we don't turn a profit the stock is worthless", to which I asked about companies with years of zero earnings that have share prices that continually climb, he informed me that such companies don't exist. I just let it go as some people just enjoy beating their drum even if they've never heard the song.
In fairness, most US K-12 schools teach nothing about financial literacy. The average high school student would struggle to read - far less understand - an SEC filing. And, depending on college major, college grads may do no better.
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Old 11-10-2023, 08:47 AM
  #116  
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Originally Posted by Boomer
Maybe the judge will give them a year to work on it, just like the NEA grievance...
Originally Posted by Roy Biggins
I think he said he’d rule on it by the end of the year, so I would assume he wants to wrap it up...
You're forgetting that the arbitrator in the NEA case was REQUIRED by law to render a verdict within 30 days... Still blew it off for a year hoping he wouldn't have to actually do his job and decide the case.
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Old 11-10-2023, 09:21 AM
  #117  
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I don’t get the Robin hate either. He is responsible for the only two things at this company making money right now.

He was the driving force behind mint and Europe. Barger fought him on both for years.


On paper he is ultimately responsible for Jo and the operation, but I think his hands are tied by the board.
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Old 11-10-2023, 09:28 AM
  #118  
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Originally Posted by RiddleEagle18

He was the driving force behind mint and Europe. Barger fought him on both.
Not that I disagree, but without being in Long Island City everyday, how can we be so sure than everything good this company has done was Robin's call, and every bad call (and there have been a lot lately) was Jo Anna?
Judging by how they sound when giving interviews, I can see how you would arrive at that conclusion......but we really don't know.
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Old 11-10-2023, 10:22 AM
  #119  
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Originally Posted by RiddleEagle18
I don’t get the Robin hate either. He is responsible for the only two things at this company making money right now.

He was the driving force behind mint and Europe. Barger fought him on both for years.
This is where I'm at. I think if Robin is replaced there's a 90% chance the new guy is worse for us.
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Old 11-10-2023, 10:50 AM
  #120  
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Originally Posted by RemoveB4flght
This. Shared a van full of pilots with one particularly loud captain making the assertion that if the merger doesn't happen the stock price will "go to zero which will put us in bankruptcy.." When I asked what one thing had to do with the other he said "if we don't turn a profit the stock is worthless", to which I asked about companies with years of zero earnings that have share prices that continually climb, he informed me that such companies don't exist. I just let it go as some people just enjoy beating their drum even if they've never heard the song.
I guess he has never heard of Amazon or Uber…
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