In the courtroom.
12-06-2023, 02:53 PM
#402
Gets Weekends Off
Joined APC: Oct 2015
Posts: 433
12-06-2023, 03:06 PM
#403
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,920
$400m is nothing compared to $5+bn, most of which will be financed at 10%. Worrying about the $400m loss walking away but disregarding the hundreds of millions spirit and jetblue are losing quarterly, plus the extreme overpayment to buy/integrate, with high financing costs, is textbook sunk cost fallacy https://thedecisionlab.com/biases/the-sunk-cost-fallacy
Because of the time-sensitive nature of a merger transaction, there may be an expedited track for an appeal.
Way above my pay grade, but wouldn't be surprised to see it pursued if it's a loss.
12-06-2023, 09:01 PM
#404
New Hire
Joined APC: Dec 2023
Posts: 2
12-06-2023, 10:22 PM
#406
Gets Weekends Off
Joined APC: Aug 2015
Position: Captain
Posts: 1,561
The merger will be approved
couple gates couple routes to go to allegiant and frontier and bingo the judge will say good to go
12-07-2023, 12:55 AM
#407
Line Holder
Joined APC: Feb 2016
Posts: 98
$400m is nothing compared to $5+bn, most of which will be financed at 10%. Worrying about the $400m loss walking away but disregarding the hundreds of millions spirit and jetblue are losing quarterly, plus the extreme overpayment to buy/integrate, with high financing costs, is textbook sunk cost fallacy https://thedecisionlab.com/biases/the-sunk-cost-fallacy
I’m sure the execs will get great golden parachutes if they pull this off though
It’s times like these that really make me wish I had done a basic MBA at a crappy diploma mill like HBS back in the way back lol
12-07-2023, 04:15 AM
#408
That/It/Thang
Joined APC: Aug 2020
Posts: 2,921
Here’s to hoping this insanity doesn’t go through…I just don’t see 1-2 years of a cushy JCBA being worth the artificial Chapter 11 that will inevitably occur on the backside of it all.
I’m sure the execs will get great golden parachutes if they pull this off though
It’s times like these that really make me wish I had done a basic MBA at a crappy diploma mill like HBS back in the way back lol
I’m sure the execs will get great golden parachutes if they pull this off though
It’s times like these that really make me wish I had done a basic MBA at a crappy diploma mill like HBS back in the way back lol
Both airlines need this to happen, NK needs it more today, but JBLU will need it as well. Don’t need a MBA at a crappy diploma mill to see JBLU is being squeezed by legacy carriers as well and will continue to be squeezed
12-07-2023, 04:21 AM
#409
Gets Weekends Off
Joined APC: Aug 2019
Posts: 246
The information within the article are good, the headline is dramatized.
12-07-2023, 06:10 AM
#410
Gets Weekends Off
Joined APC: Sep 2017
Position: NK CA
Posts: 840
Here’s to hoping this insanity doesn’t go through…I just don’t see 1-2 years of a cushy JCBA being worth the artificial Chapter 11 that will inevitably occur on the backside of it all.
I’m sure the execs will get great golden parachutes if they pull this off though
It’s times like these that really make me wish I had done a basic MBA at a crappy diploma mill like HBS back in the way back lol
I’m sure the execs will get great golden parachutes if they pull this off though
It’s times like these that really make me wish I had done a basic MBA at a crappy diploma mill like HBS back in the way back lol
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