Flying Rumors.
#1
Flying Rumors.
Get it? That's a joke . . . "The rumors are flying." but I titled the thread Flying Rumors!
Hah, I crack myself up
Ok . . . ok . . . I'm a nerd
Anyways . . .
My old boss and the ex UAL ALPA hotel chair, started a rumor on that "other" forum that UAL is buying JBLU and one fellow pilot corroborated the rumor by saying that a JBLU management email told managers not to trade in UAL stock.
Now that intel plus a buck will get you a coffee at a Wendy's not too far from my house, but other than that I'm not sure what it's worth.
My only thought was if we bought JBLU tomorrow for a 20% premium we'd be paying $8 bil for 160 A320-21s and 60 E190s and a whole lotta domestic feed plus a whole lotta pilots, and it certainly would put us closer to the extra $4 bil in earnings Munoz promised over the next 4 years. So . . . I bought a couple shares of JBLU today. Probably was something like what the Church Lady says: "Nope, wouldn't be prudent."
But . . .
There it is
Hah, I crack myself up
Ok . . . ok . . . I'm a nerd
Anyways . . .
My old boss and the ex UAL ALPA hotel chair, started a rumor on that "other" forum that UAL is buying JBLU and one fellow pilot corroborated the rumor by saying that a JBLU management email told managers not to trade in UAL stock.
Now that intel plus a buck will get you a coffee at a Wendy's not too far from my house, but other than that I'm not sure what it's worth.
My only thought was if we bought JBLU tomorrow for a 20% premium we'd be paying $8 bil for 160 A320-21s and 60 E190s and a whole lotta domestic feed plus a whole lotta pilots, and it certainly would put us closer to the extra $4 bil in earnings Munoz promised over the next 4 years. So . . . I bought a couple shares of JBLU today. Probably was something like what the Church Lady says: "Nope, wouldn't be prudent."
But . . .
There it is
#2
Gets Weekends Off
Joined APC: Dec 2008
Position: 320 Captain
Posts: 666
If Schumer is already upset at us for our new economy minus fares......this would send him off the deep end.
Politically it would be impossible-"we are losing our low fares!!! Our home town airline!"
Regulatory would be tough too given the JFK/EWR dynamic.
Best to be discussed/debated over your favorite adult beverage.
Politically it would be impossible-"we are losing our low fares!!! Our home town airline!"
Regulatory would be tough too given the JFK/EWR dynamic.
Best to be discussed/debated over your favorite adult beverage.
#4
I could see valid arguments for both sides, but ultimately it would be the call of the new administration.
#6
Gets Weekends Off
Joined APC: May 2015
Position: 777 CA
Posts: 1,049
It's always been one market. That's why we had to dump all our JFK before the merger.
#7
If Schumer is already upset at us for our new economy minus fares......this would send him off the deep end.
Politically it would be impossible-"we are losing our low fares!!! Our home town airline!"
Regulatory would be tough too given the JFK/EWR dynamic.
Best to be discussed/debated over your favorite adult beverage.
Politically it would be impossible-"we are losing our low fares!!! Our home town airline!"
Regulatory would be tough too given the JFK/EWR dynamic.
Best to be discussed/debated over your favorite adult beverage.
#9
I hope it doesn't happen. For everyone's sake at both airlines (except our DC commuters who would be happy).
But. We have a new DOT/DOJ coming in Jan 20th and they will be pro-business. Also, EWR isn't a lot controlled any longer and JFK is projected to remove slot controls in 2018. So if it isn't a limited entry market then what grounds would the DOT have to stop it? Nobody will give a crap about consumers and losing a low cost carrier, money talks.
Also, I doubt the JB board of directors would sell out for an $8bil valuation. They have high hopes and inflated egos, so you'd better shoot for double digits if you want them to budge.
But. We have a new DOT/DOJ coming in Jan 20th and they will be pro-business. Also, EWR isn't a lot controlled any longer and JFK is projected to remove slot controls in 2018. So if it isn't a limited entry market then what grounds would the DOT have to stop it? Nobody will give a crap about consumers and losing a low cost carrier, money talks.
Also, I doubt the JB board of directors would sell out for an $8bil valuation. They have high hopes and inflated egos, so you'd better shoot for double digits if you want them to budge.
#10
Gets Weekends Off
Joined APC: Dec 2012
Posts: 239
How about this:
Instead of buying out Jet Blue, let's just have a domecile in their market area (FLL, MCO), which by the way is also DAL's market area.
Let's take away business from them and compete against both right in their backyards!
(Yes I live in FL and this would benefit me to)!!
Instead of buying out Jet Blue, let's just have a domecile in their market area (FLL, MCO), which by the way is also DAL's market area.
Let's take away business from them and compete against both right in their backyards!
(Yes I live in FL and this would benefit me to)!!
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