Democrats against Spirit-Frontier Merger
03-12-2022, 10:20 AM
#31
Gets Weekends Off
Joined APC: Jan 2018
Posts: 1,796
“The agreement also provides for a $94.2 million fee payable by Spirit in connection with certain terminations of the agreement.
The companies say they expect to close the transaction in the second half of 2022.”
appears the doj blocking the deal avoids any penalty, however.
The companies say they expect to close the transaction in the second half of 2022.”
appears the doj blocking the deal avoids any penalty, however.
03-12-2022, 10:34 AM
#32
Gets Weekends Off
Joined APC: Aug 2011
Position: A320 CA
Posts: 206
I was a 737 captain at USAir in 2000 and the UAL meager was supposed to be a slam dunk thanks to Stephen Wolf, who was specifically hired to complete it. The DCA operation was going to sold to the owner of the BET network along with several other route divestures. Having 12 years seniority at the time, things were looking pretty good for a DOH combined list.
Right before 9-11 DOJ said “no” and that was that. Never one to waste a good crisis USAir proceeded to park 110 aircraft permanently and lay-off 1,800 pilots following 9-11. Management stated they had no “Plan B” without the UAL merger. Two bankruptcies later and back to reserve first officer I had enough and “retired” as they were literally months from Chapter 7 until America West bought them with their airline stimulus money at the time.
All great reasons can be found for mergers from the participants and plenty of people can find a threat in it and try to put the brakes on it. It’s not over til it’s over.
Right before 9-11 DOJ said “no” and that was that. Never one to waste a good crisis USAir proceeded to park 110 aircraft permanently and lay-off 1,800 pilots following 9-11. Management stated they had no “Plan B” without the UAL merger. Two bankruptcies later and back to reserve first officer I had enough and “retired” as they were literally months from Chapter 7 until America West bought them with their airline stimulus money at the time.
All great reasons can be found for mergers from the participants and plenty of people can find a threat in it and try to put the brakes on it. It’s not over til it’s over.
03-12-2022, 10:41 AM
#33
Almost there
Joined APC: Apr 2021
Posts: 1,333
The thought of applying to a certain legacy based on base location had crept into my mind after ORD closing and the winter excitement but now? No way. I am pretty happy and cautiously optimistic we can both benefit from each other contracts. But I was wrong once so I could be wrong a second time.
03-12-2022, 12:22 PM
#35
Gets Weekends Off
Joined APC: Aug 2011
Position: DiverDriver
Posts: 315
This merger brings nothing but a crap sammich. My life won’t be better because of it only worse. The fact that mgmt has been planning on it for who knows how long probably explains why the last year they didn’t do crap to improve the operational problems besides implementing Bendcon. NK pilots gonna get shafted by Biffledouche
03-12-2022, 01:36 PM
#36
Speed Verified
Joined APC: Sep 2017
Posts: 1,141
Gotta love the govt snooping and complaining about 2 airlines (efficient and profitable ones, minus covid crap) business decisions and what they want is always rich. The most fiscally irresponsible people trying to control and alter businesses from getting better. Merger or not, fares will be up because everyone is licking their wounds from...wait for it...when the GOVT shutdown travel and cost the airlines billions; not to mention crude over $120/barrel and climbing.
03-12-2022, 01:43 PM
#37
Gets Weekends Off
Joined APC: Jan 2018
Posts: 2,361
This merger brings nothing but a crap sammich. My life won’t be better because of it only worse. The fact that mgmt has been planning on it for who knows how long probably explains why the last year they didn’t do crap to improve the operational problems besides implementing Bendcon. NK pilots gonna get shafted by Biffledouche
Thread
Thread Starter
Forum
Replies
Last Post
