Biden Administration Moving to Block Merger
03-09-2023, 05:35 AM
#91
Gets Weekends Off
Joined APC: Apr 2007
Position: A319, A320, A321
Posts: 548
Except the DOT/Buttigieg said that he’s not going to transfer the Spirit FAA Operating Agreement over if the merger is approved by the courts. Which is under his sole ability administratively.
https://www.politico.com/video/2023/...-merger-853255
https://www.politico.com/video/2023/...-merger-853255
03-09-2023, 05:58 AM
#93
Perennial Reserve
Joined APC: Jan 2018
Posts: 12,203
Nope. And this conservative supreme court has been itching for another opportunity to roll back the Chevron deference doctrine, which most federal agencies have been using to usurp Congressional powers. (OK, and a lot of Congresspersons have been using to fob off their agenda on executive agencies so they can dodge responsibility). I predict that any attempt by DOT to inject themselves into this deal for political purposes will boomerang rather badly.
03-09-2023, 06:19 AM
#94
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,680
Maybe I don’t understand the real implications of this, but couldn’t a future JB/NK just transfer all NK planes (the only thing of value tied to the actual operating certificate) to a separate holding company controlled by JB and then those assets leased to Jetblue Airways for $1/year?
03-09-2023, 07:28 AM
#95
Bluediver the REAL deal
Joined APC: Jul 2022
Posts: 376
Maybe I don’t understand the real implications of this, but couldn’t a future JB/NK just transfer all NK planes (the only thing of value tied to the actual operating certificate) to a separate holding company controlled by JB and then those assets leased to Jetblue Airways for $1/year?
03-09-2023, 07:47 AM
#96
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,680
03-09-2023, 12:22 PM
#97
That/It/Thang
Joined APC: Aug 2020
Posts: 2,954
Even more leverage with the JCBA; can’t do any aircraft transfers prior to an ISL and can’t do a ISL before a JCBA.
03-13-2023, 04:38 AM
#100
Gets Weekends Off
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,823
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