Save stock down way more than competitors?
03-30-2020, 09:41 AM
#151
Gets Weekends Off
Joined APC: Mar 2020
Posts: 192
I literally just did a word search on 883 page document. Nowhere in the Stimulus Bill does the word “merger” appear. “Acquisition” appears 11 times and it is only in reference to “the acquisition of warrants, stock options, common or preferred stock” of one’s own company.
From what I have searched (the whole document), taking grant money or loans does NOT preclude airlines from mergers or acquisitions according to the Bill.
The timeline for our arranged marriage may have been pushed up. Only a handful of people know.
From what I have searched (the whole document), taking grant money or loans does NOT preclude airlines from mergers or acquisitions according to the Bill.
The timeline for our arranged marriage may have been pushed up. Only a handful of people know.
03-30-2020, 09:47 AM
#152
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Joined APC: Jan 2018
Posts: 1,796
03-30-2020, 10:00 AM
#154
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Joined APC: Aug 2016
Position: Bus CA
Posts: 660
No misunderstanding here, I didn’t take that as you specifically referring to F9. I was just pointing to the possibility that many have pointed out for a long time may actually be coming under an expedited timetable. Our excuses (pre-COVID19) for why it wasn’t going to happen in the near term, like “organic growth” and such, seem less valid now than they did 6 weeks ago.
03-30-2020, 10:14 AM
#155
Banned
Joined APC: Apr 2016
Position: A320
Posts: 293
03-30-2020, 11:18 AM
#157
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Joined APC: Nov 2019
Posts: 1,256
Frontier is privately owned. Sun Country also. It is yet to be seen if the "owners" (Private Equity companies) will cause a speed bump for bail-out money, funded by taxpayers.
03-30-2020, 11:21 AM
#158
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Joined APC: Feb 2011
Posts: 657
Save stock down way more than competitors?
Swa buying us is the least of our problems right now. Right now no one has any extra money, though I would welcome swa buying us because I have more faith that I would have an airline to come back to then I do at Spirit right now.
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03-30-2020, 11:59 AM
#159
Gets Weekends Off
Joined APC: Mar 2020
Posts: 192
you’re not the only one......probably why our stock is the only one to consistently take a much harder hit than the rest.....
03-30-2020, 12:08 PM
#160
Banned
Joined APC: Apr 2016
Position: A320
Posts: 293
As a taxpayer and investor I would trust Indigo more with a return than any of the Big 3.
You need to educate yourself about the bailout funds. The grant is in lieu of unemployment claims. So either way "your" tax dollars and my tax dollars are gonna pay for this one way or another.
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