Fleet plan
07-03-2017, 02:02 PM
#41
Gets Weekends Off
Joined APC: Aug 2015
Position: Captain
Posts: 1,561
I think you're right about Spirit being a more realistic bite, but then I think about the next move. If we were to get Spirit, then AA and DL would look to pick up a mid major too. If WE can't get B6 because we are in EWR and they are in JFK, how can AA or DL justify taking B6? They both already have big JFK and BOS bases, and AA also has MIA. B6 is by far the biggest mid-major. DL has a thousand more pilots than us. AA has two thousand. B6 might be a better fit in terms of competition, with WN, but then the all-737 fleet plan goes toes up for most of the decade.
If there is further consolidation, unless B6 is a buyer (Frontier, Allegiant, Alaska!?!), UA merging with B6 is the most apt combination in terms of network synergies and the least likely to draw the attention of anti-trust regulators in the DOT.
Assuming that the Trump Administration has even nominated someone for that job.
If there is further consolidation, unless B6 is a buyer (Frontier, Allegiant, Alaska!?!), UA merging with B6 is the most apt combination in terms of network synergies and the least likely to draw the attention of anti-trust regulators in the DOT.
Assuming that the Trump Administration has even nominated someone for that job.
Frontier if any
07-03-2017, 06:30 PM
#43
Don't say Guppy
Joined APC: Dec 2010
Position: Guppy driver
Posts: 1,926
But who knows.
07-06-2017, 06:06 AM
#45
Banned
Joined APC: May 2017
Posts: 733
Rumors have been going for a while at Allegiant that UAL is buying us. Especially since our ex managers keep washing up there, and United suddenly seems interested in "basic coach", used Airbi, and smaller airports. We have zero overlap.
07-06-2017, 07:31 AM
#46
Gets Weekends Off
Joined APC: Sep 2014
Position: A320's
Posts: 169
JetBlue's market cap is $7.5B plus they have $5B in debt. So buying them at market value would cost about $12.5B. It would be even stupider than Alaska spending effectively $4B for Virgin America. Given how management is throwing cash at stock repurchases, there is no way they would dilute the stock with an all stock merger and there isn't enough cash on hand to do it.
I predict a big order in the fall for jets and United will grow organically.
I predict a big order in the fall for jets and United will grow organically.
07-06-2017, 07:58 AM
#47
Gets Weekends Off
Joined APC: Dec 2012
Posts: 239
If this were to happen, maybe we'd start flying our Airbus into the Panhandle of Florida and Gulf Coast region since Allegiant already does it.
07-06-2017, 08:44 AM
#48
UCH Pilot
Joined APC: Oct 2014
Position: 787
Posts: 776
Oh great, another SLI to go through.
07-06-2017, 10:30 AM
#49
Gets Weekends Off
Joined APC: Feb 2013
Position: CA
Posts: 1,232
JB actually has paid off quite a significant portion of debt and has a quite favorable Debt to Earnings ratio. (In the .3 range).
United's is around 1, AA's around 2.3, SWA .01, DAL .4
Alaska's jumped from 0 to .7 with the purchase of VA this year. They had a ton of cash to burn clearly.
So no...JB really isn't carrying a high debt load.
07-06-2017, 10:51 AM
#50
Gets Weekends Off
Joined APC: Oct 2009
Position: B756 FO
Posts: 1,288
I would hope UALPA would do a fine job of fencing off anything above the A320 for many many years to any ULCC pilot group. I'd say they base it off how many years our youngest pilot has to go until retirement and that number would be a fair fence in my book.
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