WE HATE TO SEE YOU GO, BUT BYE FELICIA, IE SPIRIT AIRLINES

QP! said:
I would assume that putting shit with shit compounded the shit and both would fail in the way that shutting duplicate stores, and cutting inventories did not save Sears and Kmart.

Now what?

What happens next when we BOTH stop playing the guessing game and representing it as any thing more than that?



AI Summary:

Analysts often refer to the merger of two failing companies as a "double suicide" or "two drunks supporting each other." [1, 2]
The logic behind these attempts is usually to achieve "economies of scale"—the idea that by combining, the companies can cut overlapping costs (like having two HR departments) and find enough savings to become profitable. However, in practice, the massive debt, clashing cultures, and failing business models often combine to accelerate their collapse. [1, 2, 3]

Famous Examples
  • Sears and Kmart (2005): Perhaps the most famous modern example. Both retailers were losing ground to Walmart and Target. Hedge fund manager Eddie Lampert merged them to form Sears Holdings, hoping that combining their real estate and brands would save them. Instead, the lack of investment in stores and the weight of their combined problems led to a long downward spiral and eventual bankruptcy in 2018.
  • Penn Central (1968): The Pennsylvania Railroad and New York Central Railroad were bitter rivals that merged in a desperate attempt to survive a declining industry. Just two years later, the combined entity filed for what was then the largest bankruptcy in American history.
  • Sprint and Nextel (2005): While not both "bankrupt" at the start, both were struggling against leaders like Verizon and AT&T. Their $35 billion "merger of equals" was a disaster because their cellular technologies were incompatible, and their corporate cultures (bureaucratic vs. entrepreneurial) clashed so violently that employees left in droves. [1, 2, 3, 4, 5, 6]

Why These Mergers Fail
  • Compounded Debt: Two companies with poor cash flow often end up with a debt load that the new, larger entity still cannot service.
  • Internal Focus: Instead of fixing the products or winning customers, management spends years focused on the "integration" of HR, IT, and accounting systems.
  • Culture Clash: Employees who were formerly rivals are forced to work together, often leading to "turf wars" and the loss of the best talent.
  • Negative Synergies: The expected cost savings are almost always smaller than projected, while the costs to merge (severance, rebranding, legal fees) are much higher. [1, 2, 3, 4]
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What did allowing Spirit to be bought by Jet Blue do in terms of economic damage to the rest of the airlines? I'd say nothing. A combined company possibly run reasonably efficiently and eliminating the duplication and waste between the two might have been enough to bring one back.

QP! said:
Are you betting on Sears/Kmart merger to save Kmart... Sears?

As the same type synergies you and Terry are SPECULATING OVER to save the airlines are amongst the SAME ONES investors were told would save Kmart and bolster Sears.

Go place your money and tell them you are doing so based on FACT.

or switch now to 'satire' as you know you will as i continue to expose your stupidity. That much is FACT!
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Sears did themselves in with a shit for the late 20th century business model they refused to fix. For example, Sears only took Sears and Discover (which is a Sears derivative credit card company) card at their stores. They refused Visa, Mastercard, etc. That cost them a lot of business. The Craftsmen tools model was copied by virtually every serious tool maker--free replacement of broken tools etc.--leaving Sears with less of an edge in that maket. Today, Craftsmen tools on the power tool side sells crap compared to many other brands.

Would the merger have succeeded? Maybe, maybe not. But it was better to let them try than just let Spirit go under especially when the government reasoning was that Spirit should adopt some Socialist moral edict and operate without a profit and cut management salaries to nothing.
 
T. A. Gardner said:
What did allowing Spirit to be bought by Jet Blue do in terms of economic damage to the rest of the airlines? I'd say nothing. A combined company possibly run reasonably efficiently and eliminating the duplication and waste between the two might have been enough to bring one back.



Sears did themselves in with a shit for the late 20th century business model they refused to fix. For example, Sears only took Sears and Discover (which is a Sears derivative credit card company) card at their stores. They refused Visa, Mastercard, etc. That cost them a lot of business. The Craftsmen tools model was copied by virtually every serious tool maker--free replacement of broken tools etc.--leaving Sears with less of an edge in that maket. Today, Craftsmen tools on the power tool side sells crap compared to many other brands.

Would the merger have succeeded? Maybe, maybe not. But it was better to let them try than just let Spirit go under especially when the government reasoning was that Spirit should adopt some Socialist moral edict and operate without a profit and cut management salaries to nothing.
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The point remains

It didn’t work huh
 
evince said:
The fact that you still pretend it’s this denied merger that caused the fail when the company told you the reason makes you look really demented
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Demented is trying to explain how you denied the fact that it even happened asking for "your receipts" which were then provided, and that we've spent 10 pages now talking about one simple thing.
 
Damocles said:
There is no speculation in the fact that if Jet Blue purchased Spirit Air, Spirit Air would not exist. The rest of this rubbish you post is just more "imagination"...
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This below will NEVER be a factual statement and it is absolute FACT that it is speculation because in your counter factual Jet Blue could have purchased spirit, operated as the wholly owned subsidiary in the normal way things are done and still bankrupted that entity (Spirit) today or prior.

Damocles said:
If Spirit was purchased by Jet Blue, Spirit would not be failing today. That is factual.
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You have no way to say your speculation is any more how this alternate future would play out than mine would.

And that you DO NOT understand this is why you should not opine on business matters as you do not understand them.

What you are saying flat out wrong, and you need to save face now and pivot to 'satire' claim.
 
QP! said:
This below will NEVER be a factual statement and it is absolute FACT that it is speculation because in your counter factual Jet Blue could have purchased spirit, operated as the wholly owned subsidiary in the normal way things are done and still bankrupted that entity (Spirit) today or prior.



You have no way to say your speculation is any more how this alternate future would play out than mine would.

And that you DO NOT understand this is why you should not opine on business matters as you do not understand them.

What you are saying flat out wrong, and you need to save face now and pivot to 'satire' claim.
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Blather and BS....

Jet Blue would be Jet Blue.
 
T. A. Gardner said:
What did allowing Spirit to be bought by Jet Blue do in terms of economic damage to the rest of the airlines? I'd say nothing. A combined company possibly run reasonably efficiently and eliminating the duplication and waste between the two might have been enough to bring one back.



Sears did themselves in with a shit for the late 20th century business model they refused to fix. For example, Sears only took Sears and Discover (which is a Sears derivative credit card company) card at their stores. They refused Visa, Mastercard, etc. That cost them a lot of business. The Craftsmen tools model was copied by virtually every serious tool maker--free replacement of broken tools etc.--leaving Sears with less of an edge in that maket. Today, Craftsmen tools on the power tool side sells crap compared to many other brands.

Would the merger have succeeded? Maybe, maybe not. But it was better to let them try than just let Spirit go under especially when the government reasoning was that Spirit should adopt some Socialist moral edict and operate without a profit and cut management salaries to nothing.
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WHo cares about your speculation and who cares about mine.

Fine if you want to say 'here is my GUESS' on how things would play out in the counter factual but that is not what you guys are doing.

You are trying to pretend there is one interpretation of the counter factual, ALTERNATE FUTURE path and it is the one you are painting.

Again fine to call that your 'best guess' but as soon as you start calling factual or representing that way you fail.

You act like Sears/Kmart failure would not have happened if only they had Terry at the helm as again Terry knows the counter factual and how the ALTERNATE FUTURE would play out if only his views were adopted.

It is entirely possible that you could put forth your 'alternative ideas of how they SHOULD HAVE done things' (whether it be Spirit/JB or Sears/KMart) and others might find what you say to believable or even likely but that is STILL NOT the fact you and Damo are trying to claim them to be.

There is no fact in such counterfactuals. It is simply speculation.
 
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Damocles said:
Demented is trying to explain how you denied the fact that it even happened asking for "your receipts" which were then provided, and that we've spent 10 pages now talking about one simple thing.
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We don’t have to speculate about the cause of their failure to stay in business


THEY TOLD US THE CAUSE

FUEL PRICES


They didn’t say it was Greg’s fault huh
 
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