Should JetBlue now buy AS?
Apr 9, 2016, 2:11 am
#16
A FlyerTalk Posting Legend, Moderator, Information Desk, Ambassador, Alaska Airlines
Join Date: Dec 2006
Location: FAI
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Once AS finishes digesting HA, B6 could be next 
Apr 17, 2016, 8:34 am
#20
Join Date: Mar 2013
Location: SEA
Posts: 3,955
You throwing in some cash? AS's market cap is ~33% higher than B6 with less debt on the books. Even if you could find the leverage to do it, it'd probably have to be a massive overpay or a hostile buy because AS otherwise has a lot of shareholders that will vote no absent a massive premium.
Apr 19, 2016, 9:22 pm
#21
Join Date: Sep 2015
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Posts: 875
Won't happen... at least in the short/medium term. B6 doesn't have enough cash and their strategies don't align.
Personally, I don't want this to happen right now. I like AS (especially like what they can become with VX) and I like B6, but I do not know if I want them together.
Personally, I don't want this to happen right now. I like AS (especially like what they can become with VX) and I like B6, but I do not know if I want them together.
Apr 19, 2016, 10:20 pm
#22
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Apr 20, 2016, 12:36 pm
#23
Join Date: Jun 2011
Location: Los Angeles, San Francisco, and Osaka
Programs: United Mileage Plus Premier Executive
Posts: 581
That would be great! Alaska service is not any better than United or Delta so it would be great to see a nice airline like JetBlue take over Alaksa and improve their comfort and derive standards. Alaska has a long way to go to match VX. SFO travelers like premium services offered by airlines like VX!
Apr 25, 2016, 10:21 am
#25
Join Date: Feb 2015
Location: Boston, MA USA
Programs: TrueBlue/Hawaiian Miles
Posts: 349
God I hope not... I heard from a few different B6 employees that Mr. Hayes went after it but stopped because he knew AS was overpaying. B6 and VX would've been a dream for pax! Now I worry about AS ruining the VX service/brand but I suppose it's all up in the air (pun intended)
Apr 25, 2016, 10:26 am
#26
Join Date: Feb 2015
Location: Boston, MA USA
Programs: TrueBlue/Hawaiian Miles
Posts: 349
Case in point... AS 737 "first class" seats are 36" pitch. Sure the drinks are free and there's food, but you get more pitch/legroom in EMS with B6 than you would in F on most US domestic airlines! If B6 ever goes West Coast to Hawaii-I'd take an EMS seat over F on AS or any legacy carrier every time! That is unless B6 uses Mint which I'm guessing they would...
Apr 25, 2016, 10:29 am
#27
Join Date: Feb 2015
Location: Boston, MA USA
Programs: TrueBlue/Hawaiian Miles
Posts: 349
I'm certainly glad to hear that! As a loyal follower of B6 (and occasionally VX) I'm a bit depressed that AS will likely destroy the great VX product. And I think loyal VX customers (as someone pointed out) will likely flock to B6 in droves-particularly considering the Mint offering and price point.
May 30, 2016, 11:20 am
#29
Join Date: Feb 2015
Location: Boston, MA USA
Programs: TrueBlue/Hawaiian Miles
Posts: 349
$57 a share on stock that was $26-$37 over the last year. $55/share was as high as B6 would go apparently (and $55 was still overpaying)
90% premium on VX. That's a lot!
http://www.fool.com/investing/genera...s-the-pri.aspx
90% premium on VX. That's a lot!
http://www.fool.com/investing/genera...s-the-pri.aspx
May 30, 2016, 5:00 pm
#30
Join Date: Jul 2001
Posts: 702
$57 a share on stock that was $26-$37 over the last year. $55/share was as high as B6 would go apparently (and $55 was still overpaying)
90% premium on VX. That's a lot!
http://www.fool.com/investing/genera...s-the-pri.aspx
90% premium on VX. That's a lot!
http://www.fool.com/investing/genera...s-the-pri.aspx
