LH may have to give up stake in Jetblue

[Bavarian Chef]

Can United even finance a trip to the movies with popcorn and a coke!?

UA: "Well I ain't payin' no fifty cents for no Coke."

JB: "Then you ain't gettin' no Coke..."

 

[rumrunner300]

Can United even finance a trip to the movies with popcorn and a coke!?

Now I hate UAL as much as the next guy, but technically, they could write a check for JBLU and have enough cash left over to do it again.

......

 

[Bavarian Chef]

Now I hate UAL as much as the next guy, but technically, they could write a check for JBLU and have enough cash left over to do it again.

......

But what would they have left to give their management team?

Sorry, couldn't resist.

 

[rumrunner300]

But what would they have left to give their management team?

Sorry, couldn't resist.

No apologies required, I hate the corksuckers with a white-hot passion and pray for their destruction.

 

[8vATE]

Delta....

Yea... we'll get right on that...whatever you Delta management boys want.

They should be concentrating on their uniform fitting and aircraft paint shop schedule than dictating their demands to everyone else.

We'll get back to you.

 

[hoover84]

The market cap of UAL 1.15B and jetBlue 1.29B

 

[Caveman]

Delta Air Lines says that Lufthansa must relinquish its seats on the board of JetBlue ........

Well, there you have it. Delta says it, so it must be true.

 

[rumrunner300]

The market cap of UAL 1.15B and jetBlue 1.29B

I didn't say market cap, I said CASH.

Stock price factors in goodwill, of which UAL has none (after a 2.7B writedown and the inability to generate any positive energy). However, other than a stock swap, you can't buy stuff with goodwill.

 

[coogebeachhotel]

Cash is King and UAL has a boat load of it. 3.5B to me exact.

Instant JFK ballgame to block DAL,NWA

Jetblue is still priced as a growth company. Hence the market cap. But no growth.

For good measure add in the fact LUV is coming to LGA.

 

[jws717]

Word is that Delta is at the justice department with support to end LH stake in Jetblue. This is over a proposd alliance by LH with others in the NY market.

My guess LH sells Blues and United buys the stake.

United is so broke they can't afford to buy Mesa stock. Forget about JB.

 

[coogebeachhotel]

Overweight -
Price 10.69 on Nov. 17 by Morgan Stanley
Target: 46.
Demand trends are slowing, but United Airlines' capacity cuts are
industry-leading. Fuel hedges are unlikely to cause a liquidity
squeeze. The ancillary revenue opportunity for '09 is large, at $1.2
billion and growing. Ticket and bag fees represent $850 million in
estimated revenue in 2009. UAUA is cutting about 7% of international
capacity in '09. The antitrust-immunized alliance with Continental is
in the home stretch of the regulatory-approval process. We [believe]
UAUA can achieve (at least) mid-cycle margins in 2009 on significant
capacity cuts and a large pullback in fuel costs. The market is
discounting an outlook that's far too bearish, in our view. UAUA's
liquidity position is decent and improving, despite a poor credit
environment. With a solid risk-reward skew and an improving free-cash-
flow outlook, we believe the shares are very compelling at current
levels and expect a rally by early 1Q09. Market cap: $1.6 billion.

 

[Scope out RJ's]

Yea... we'll get right on that...whatever you Delta management boys want.

They should be concentrating on their uniform fitting and aircraft paint shop schedule than dictating their demands to everyone else.

We'll get back to you.

All your (JB) aircraft/routes are belong to us!