In the courtroom.
01-12-2024, 05:19 PM
#741
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,920
I'm not going to go digging, and also not sure, but thought I read something about giving a deadline as well as a remark about submitting unofficially after that. Would rather be wrong, but apparently the DOJ felt they could continue to throw spaghetti at the wall to what might stick.
01-12-2024, 07:46 PM
#742
Gets Weekends Off
Joined APC: Oct 2019
Posts: 1,002
Ahh, ok. I can’t imagine the DOJ has much to say at this point, but they’re just not gonna let this go. I’m sure the DOT is going to get it involved next.
01-13-2024, 12:52 AM
#743
Gets Weekends Off
Joined APC: Jul 2014
Posts: 805
It was Dec 13th but there was a write up about these filings on twitter and their origin. If new trial precedent comes out after the case is wrapped but before a ruling you can point to it but it is rare. Normally you don’t want to upset the judge or maybe the case law was available to be cited earlier but you missed it and pointing to it after the fact is bad form. JetBlues filing on Dec19th seemed relevant and this DOJ filing on Jan 11 seems like a delay tactic. I feared their goal was to drag this out and win a victory by jetblues withdrawal from the deal. Jan is the first .10 dividend above the purchase price. That is 11m a month from JetBlue when they are struggling.
I think JetBlue wins (possibly with more divestment) but the political football of this is just starting and the delays are costing JetBlue at a bad time. What does the DOJ need a 6-12 month delay before JetBlue walks?
I think JetBlue wins (possibly with more divestment) but the political football of this is just starting and the delays are costing JetBlue at a bad time. What does the DOJ need a 6-12 month delay before JetBlue walks?
01-13-2024, 04:07 AM
#744
Gets Weekends Off
Joined APC: Dec 2022
Position: FO
Posts: 131
I read them both for the mild interest. What I enjoyed was reading JB's 5-point rebuttal, picking apart DOJ's filing.
01-13-2024, 05:39 AM
#746
Gets Weekends Off
Joined APC: Dec 2022
Posts: 869
It was Dec 13th but there was a write up about these filings on twitter and their origin. If new trial precedent comes out after the case is wrapped but before a ruling you can point to it but it is rare. Normally you don’t want to upset the judge or maybe the case law was available to be cited earlier but you missed it and pointing to it after the fact is bad form. JetBlues filing on Dec19th seemed relevant and this DOJ filing on Jan 11 seems like a delay tactic. I feared their goal was to drag this out and win a victory by jetblues withdrawal from the deal. Jan is the first .10 dividend above the purchase price. That is 11m a month from JetBlue when they are struggling.
I think JetBlue wins (possibly with more divestment) but the political football of this is just starting and the delays are costing JetBlue at a bad time. What does the DOJ need a 6-12 month delay before JetBlue walks?
I think JetBlue wins (possibly with more divestment) but the political football of this is just starting and the delays are costing JetBlue at a bad time. What does the DOJ need a 6-12 month delay before JetBlue walks?
01-13-2024, 06:07 AM
#747
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,920
It was Dec 13th but there was a write up about these filings on twitter and their origin. If new trial precedent comes out after the case is wrapped but before a ruling you can point to it but it is rare. Normally you don’t want to upset the judge or maybe the case law was available to be cited earlier but you missed it and pointing to it after the fact is bad form. JetBlues filing on Dec19th seemed relevant and this DOJ filing on Jan 11 seems like a delay tactic. I feared their goal was to drag this out and win a victory by jetblues withdrawal from the deal. Jan is the first .10 dividend above the purchase price. That is 11m a month from JetBlue when they are struggling.
I think JetBlue wins (possibly with more divestment) but the political football of this is just starting and the delays are costing JetBlue at a bad time. What does the DOJ need a 6-12 month delay before JetBlue walks?
I think JetBlue wins (possibly with more divestment) but the political football of this is just starting and the delays are costing JetBlue at a bad time. What does the DOJ need a 6-12 month delay before JetBlue walks?
Also, JB isn't as fragile as you suggest, in my opinion.
01-13-2024, 06:09 AM
#748
Gets Weekends Off
Joined APC: Nov 2015
Posts: 1,522
No but we are over at Spirit, lol. Would be nice to get this merger going already.....
01-13-2024, 06:51 AM
#750
Perennial Reserve
Joined APC: Jan 2018
Posts: 12,146
Who would?
Although from a legal perspective, that would be even a much more monopolistic merger. If B6-NK won't fly with the DOJ (pun intended) why would F9-NK which would be putting most of the ULCC in one basket?
Although from a legal perspective, that would be even a much more monopolistic merger. If B6-NK won't fly with the DOJ (pun intended) why would F9-NK which would be putting most of the ULCC in one basket?
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