Here's an interesting little tidbit I saw posted on another forum.
Indigo and Oaktree Close Strategic Investment in Spirit Airlines
Quote:
July 13, 2006--Spirit Airlines announced today the completion of a strategic investment led by Indigo Partners LLC and funds managed by Oaktree Capital Management, LLC. The investment will provide significant resources for the Company to consolidate its position as the leading low cost carrier to the Caribbean and pursue its long-term growth strategy. Effective today, William A. Franke, Managing Partner of Indigo Partners, becomes Chairman of the Board of Spirit.
"We are excited about Indigo's endorsement of Spirit's low cost model and growth strategy, and Oaktree's continuing support of our efforts," said Ben Baldanza, President and Chief Executive Officer. "Indigo and Oaktree provide Spirit with significant industry experience and financial strength. This new investment shows their commitment to Spirit's success, reinforces its South Florida, Caribbean and Detroit strategy, and provides the resources for Spirit to continue to reduce costs and to accelerate our growth."
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Fast-forward to June of last year.
Oaktree Buys Highstar for Infrastructure Investments
June 9, 2014
Quote:
Oaktree Capital Group LLC, the world’s largest distressed-debt investor, agreed to acquire the Highstar Capital team to increase infrastructure investments.
[SNIP]
Highstar, which was formerly affiliated with insurer American International Group Inc., has investments in power plants, transportation and logistics companies, ports and airport operators.
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So basically, Highstar Capital is owned by Oaktree Capital, who were major investors - along with Indigo - in Spirit.
I wonder if there's a chance Spirit will come to Austin?
Several years ago Spirit operated two daily roundtrips from San Antonio to Fort Lauderdale, but eventually pulled out of the SAT market. The have extensive operations at both DFW and IAH.
Here's Spirit's
route map
Here's a
link to the giant version
A couple of AUS-FLL flights could connect to an awful lot of places in the Caribbean, Central and South America, including Montego Bay, Kingston, Port Au Prince, Santiago, Santa Domingo, Punta Cana, Aguadilla, San Juan, St. Thomas, St. Maarten, Aruba, Cartagena, Bogata, Panama City, Guatemala City, San Salvadore, San Jose Costa Rica, and Lima, Peru.
Threaded Mode