RJET stock
#21
#23
Moderator
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
That's correct. CPZ can be sold, but IF the flow through is CXD then the 76 seat fleet must be reduced by 35 airframes.
#24
Hook...Line...Sinker....
#27
Gets Weekends Off
Joined APC: Jul 2007
Position: E175
Posts: 148
Yea the drop started when SM announced he was leaving RJET. I expect Republics 4Q results soon, and they will show a considerable loss. Rumor is the Midwest name will be retired, and all branded will be under F9. I just can't see BB pulling this off!
#28
The volume trading has been way up with large sell offs. It would lend to the idea that large investors are dumping the stock (they were large volume spike trades). Wexford (the major shareholder in RAH) sold their stake in Azul (Neelman's new adventure in Brazil) to TPG recently as well. If they are related somehow, that is yet to be seen. The RAH stock is definately down, so it will be interesting to see what happens over the next month.
#29
Well, Warren Buffett thinks investing in airline stocks is one of the poorest financial decisions anyone could make. That Warren Buffett.... what does he know anyway?! ((sarcasm)).
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