- Spirit’s shareholder vote on its Frontier merger is facing a rolling delay.
- The third delay on the meeting came late Thursday, hours before the vote was supposed to take place. The meeting, which had been postponed last week, and earlier in June, is now scheduled for next Friday.
- Spirit said it was delaying the vote “to continue discussions with Frontier and JetBlue Airways,” the two airlines that are trying to engineer a merger with Spirit. The delay could signal improving odds for JetBlue’s bid, which would offer shareholders a substantially bigger payout.
- Last week, when the meeting was postponed for a second time, The Wall Street Journal reported — citing people familiar with the matter — that it was looking difficult for the Frontier deal to be approved by Spirit’s shareholders.
- The merger with Frontier has had the unwavering support of Spirit’s board since it was announced in February. JetBlue came to the table with its offer in March. While that bid is still viewed as a hostile takeover that would spoil the Frontier deal, Spirit said Thursday that its board was in talks with JetBlue’s management, in addition to Frontier.
We Just Got A Pilot With FOUR 121 Checkride Failures Hired At A Legacy
I don’t know why you haven’t gotten an interview yet… But, if you book a call, we’ve got the resources to figure it out and help you get one ASAP.
KEY POINTS:
We Just Got A Pilot With A Gear Up Landing Hired At A Major
I don’t know why you haven’t gotten an interview yet… But, if you book a call, we’ve got the resources to figure it out and help you get one ASAP.
KEY POINTS:
- In a recent interview with trade publication Aviation Week, Calhoun hinted that the longest version of Boeing (ticker: BA) 737 MAX—the MAX 10—might have to be canceled and dropped from its production lineup. That could mean billions in lost sales that find their way to rival Airbus (AIR.France).
We Just Got A Pilot With 2200 Hours Hired At A Legacy
I don’t know why you haven’t gotten an interview yet… But, if you book a call, we’ve got the resources to figure it out and help you get one ASAP.
KEY POINTS:
- On deck to report quarterly results before the market opens on Wednesday is the classic airliner Delta Air Lines DAL. The company is one of the four carriers that control the majority of the United States aviation market, with its carriers accounting for more than 60% of the domestic market share.
- Year-to-date, DAL shares have had a heightened level of volatility, declining more than 25% and underperforming the S&P 500 by a wide margin.
- Although the share performance leaves something to be desired, DAL sports enticing valuation metrics. Its 0.4X forward price-to-sales ratio is well below its five-year median value of 0.9X and is nowhere near 2020 highs of 1.6X.
- Additionally, shares trade at an enticing 38% discount relative to its Zacks Industry. DAL has a Style Score of an A for Value.
We Just Got A Pilot With FOUR 121 Checkride Failures Hired At A Legacy
I don’t know why you haven’t gotten an interview yet… But, if you book a call, we’ve got the resources to figure it out and help you get one ASAP.
Bidding Options for the July 12 Class
737 | EWR | FO |
737 | LAX | FO |
737 | SFO | FO |
320 | DCA | FO |
320 | EWR | FO |
320 | LAX | FO |
320 | SFO | FO |
777 | EWR | FO |
777 | SFO | FO |
787 | EWR | FO |
We Just Got A Pilot With A Gear Up Landing Hired At A Major
I don’t know why you haven’t gotten an interview yet… But, if you book a call, we’ve got the resources to figure it out and help you get one ASAP.