In the courtroom.

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01-16-2024, 11:32 AM

#821

Flyhayes

Gets Weekends Off

Joined APC: Nov 2011

Position: Admiral

Posts: 729

Quote:

Originally Posted by spooldup

I think it is a chance to save face and get out while JB can honestly... Spirit was looking like a mess for the amount they offered for them.

I disagree. The access we'd get to airplanes and the new order book made this deal a steal. And that's not even counting the pilots and training infrastructure. But hey, now Fro tier can get the stock at a steal and become a super-sized ULCC that will squeeze JB from both sides, really putting us in uncharted territory.

01-16-2024, 11:33 AM

#822

EAFF95

Gets Weekends Off

Joined APC: Oct 2018

Posts: 175

Any mathmaticians in the room that could figure out what the payment per share breakup fee looks like, sans pre-payment and ticking fee?

Thanks

01-16-2024, 11:39 AM

#823

Bluedriver

The REAL Bluedriver

Joined APC: Sep 2011

Position: Airbus Capt

Posts: 6,920

Quote:

Originally Posted by EAFF95

Any mathmaticians in the room that could figure out what the payment per share breakup fee looks like, sans pre-payment and ticking fee?

Thanks

I think it's down to $0 now for shareholders.

01-16-2024, 11:40 AM

#824

Wasntme

Gets Weekends Off

Joined APC: Jan 2024

Posts: 148

Quote:

Originally Posted by Bluedriver

I think it's down to $0 now for shareholders.

do you meant Drop to Zero?

01-16-2024, 11:43 AM

#825

avi8orco

Gets Weekends Off

Joined APC: Feb 2009

Posts: 632

Quote:

Originally Posted by GPullR

obviously you don't know ALPA merger policy very well.

I know it very well…that’s the problem

01-16-2024, 11:46 AM

#826

KNOTAPILOT

Gets Weekends Off

Joined APC: Apr 2018

Posts: 202

How much is JetBlue paying as the breakup fee? Is that fee paid even due to the decision of the judge?

01-16-2024, 11:48 AM

#827

Gordon Axel

Line Holder

Joined APC: Oct 2016

Posts: 66

Quote:

Originally Posted by KNOTAPILOT

How much is JetBlue paying as the breakup fee? Is that fee paid even due to the decision of the judge?

I believe it depends on when you purchased the shares. It would be reduced if you received the ratification dividend as well by how many monthly dividends you received.

01-16-2024, 11:53 AM

#828

Gordon Axel

Line Holder

Joined APC: Oct 2016

Posts: 66

[QUOTE=EAFF95;3753042]Any mathmaticians in the room that could figure out what the payment per share breakup fee looks like, sans pre-payment and ticking fee?

https://viewfromthewing.com/jetblue-loses-judge-rules-spirit-merger-violates-anti-trust /

this gives a little insight, but maybe one of the smarter pilots can figure it out exactly.

01-16-2024, 12:01 PM

#829

l2flare

Gets Weekends Off

Joined APC: Aug 2011

Position: Slightly less broke side of RJ

Posts: 132

[QUOTE=Gordon Axel;3753065]

Quote:

Originally Posted by EAFF95

Any mathmaticians in the room that could figure out what the payment per share breakup fee looks like, sans pre-payment and ticking fee?

https://viewfromthewing.com/jetblue-loses-judge-rules-spirit-merger-violates-anti-trust
/

this gives a little insight, but maybe one of the smarter pilots can figure it out exactly.

roughly 30 million to shareholders and 70 million to spirit itself

so aout 30 cents a share