View Poll Results: Are you leaving JetBlue for another airline?
Voters: 189. You may not vote on this poll
Staying or Going... JetBlue edition
02-17-2024, 05:13 AM
#191
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,667
ultimately I think he will package us for a merger with another carrier. A lot of our value lies in the BOS/JFK/FLL hub and there will likely be several interested parties. This is something our mgmt team likely resisted over the years out of self-preservation, but it will bring a good payday for Icahn.
I’d stay put for now and see how this plays out. If we start selling off chunks of assets then we can get concerned, but I feel like that’s not very likely now.
02-17-2024, 05:13 AM
#192
Gets Weekends Off
Joined APC: Jan 2008
Position: blueJet
Posts: 4,536
Now about twice a week we talk about dusting off that suit.
02-17-2024, 05:16 AM
#193
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,920
Capping Icahn’s involvement to 15% is really huge to me. Yes he’s going to be a big thorn in the side of the company, but we won’t be seeing TWA-like results.
ultimately I think he will package us for a merger with another carrier. A lot of our value lies in the BOS/JFK/FLL hub and there will likely be several interested parties. This is something our mgmt team likely resisted over the years out of self-preservation, but it will bring a good payday for Icahn.
ultimately I think he will package us for a merger with another carrier. A lot of our value lies in the BOS/JFK/FLL hub and there will likely be several interested parties. This is something our mgmt team likely resisted over the years out of self-preservation, but it will bring a good payday for Icahn.
I like the 15% cap, and the two board seats, but hope it isn't the camel-toes nose under the tent.
02-17-2024, 05:19 AM
#194
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,667
I agree, there is a possibility of other activists getting involved and going along with whatever he wants. At this point I wouldn’t be dusting off the resume if I was beyond the 3-4yr mark here.
02-17-2024, 06:23 AM
#195
Gets Weekends Off
Joined APC: Jul 2011
Posts: 469
02-17-2024, 06:24 AM
#196
Line Holder
Joined APC: Oct 2016
Posts: 74
Thats always a possibility as it would only be for him to make promises of how rich he could make the board members and it would go to a vote.
02-17-2024, 07:04 AM
#197
On Reserve
Joined APC: Sep 2016
Posts: 12
Capping Icahn’s involvement to 15% is really huge to me. Yes he’s going to be a big thorn in the side of the company, but we won’t be seeing TWA-like results.
ultimately I think he will package us for a merger with another carrier. A lot of our value lies in the BOS/JFK/FLL hub and there will likely be several interested parties. This is something our mgmt team likely resisted over the years out of self-preservation, but it will bring a good payday for Icahn.
I’d stay put for now and see how this plays out. If we start selling off chunks of assets then we can get concerned, but I feel like that’s not very likely now.
ultimately I think he will package us for a merger with another carrier. A lot of our value lies in the BOS/JFK/FLL hub and there will likely be several interested parties. This is something our mgmt team likely resisted over the years out of self-preservation, but it will bring a good payday for Icahn.
I’d stay put for now and see how this plays out. If we start selling off chunks of assets then we can get concerned, but I feel like that’s not very likely now.
02-17-2024, 08:03 AM
#198
On Reserve
Joined APC: Feb 2024
Posts: 20
I genuinely do not understand why so many are jumping to WILD assumptions of a AS/B6/HA merger. Alaska learned their lesson with virgin trying to get rid of all the airbus aircraft. They want a boeing merger. The most logical merger, if any, would still be a new draft of the NK/B6 merger for a third of the price of the original agreement under a new administration. But I think both airlines will go their seperate ways, F9 will purchase spirit, and then after DOJ approval, F9/NK will adjust their business model and they will have the scale to make it work.
02-17-2024, 09:35 AM
#199
Gets Weekends Off
Joined APC: Nov 2005
Posts: 2,551
I genuinely do not understand why so many are jumping to WILD assumptions of a AS/B6/HA merger. Alaska learned their lesson with virgin trying to get rid of all the airbus aircraft. They want a boeing merger. The most logical merger, if any, would still be a new draft of the NK/B6 merger for a third of the price of the original agreement under a new administration. But I think both airlines will go their seperate ways, F9 will purchase spirit, and then after DOJ approval, F9/NK will adjust their business model and they will have the scale to make it work.
now more than ever having multiple fleet types makes sense.
NK having 40 airplanes down on average
AK having to park all the max
multiple types is a hedge at this point.
02-17-2024, 09:41 AM
#200
Gets Weekends Off
Joined APC: Oct 2016
Posts: 369
I agree TWA like results seems less likely, and that some kind of merger prep is a possibility. I'm assuming we would also need a new administration, absolutely no overlap or chance of anti-competition arguments, or some kind of plea that if not allowed we'll disappear and thats not good for anyone.
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