Thread: Spirit of NKS
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Old 01-06-2015 | 07:36 AM
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Originally Posted by NedsKid
Quote:





Originally Posted by Normann


This chart is interesting. Can you give us the source? Also, I would like to see it next to the yield chart if there is one.




Go to the Spirit.com site, go down to 'investor relations', view the most recent presentation (link)

I don't know how to add all the fancy links, but, if you go to page 11 of that presentation, you'll see a chart titled

"Chasing Spirit is a Money Losing Proposition"
Spirit’s total revenue per passenger is below the competition’s break-even cost

BTW, 'the competition' is Southwest, Alaska, Allegiant, and jetBlue.

I just hope our management remembers that when we're talking about our new contact. Southwest has industry leading:scope
Min Day/Average Daily Guarantee
Medical

Southwest's pay rates aren't far off from industry leading either.

Alaska has industry leading Training Pay.

jetBlue and Allegiant don't lead the industry in anything, but, other than our 4 days off and TX conflict, neither do we.

We all need to recognize we work for an ULTRA low cost carrier, and that our company needs to undercut the competition in order to win business (I wish we could compete on customer service, but I'm not kidding myself). That said, management needs to recognize us, the pilots, as a valuable asset on the team, not a line item on the expense report. Page 5 of that same presentation has 4 bullet points, one of them being:

Keep a low cost mindset
• Continual pressure to eliminate and reduce costs or get someone else to pay for it
• Unit cost targets communicated company-wide
• Bonus program is directly linked to achieving unit cost targets

This is what they tell Wall Street they do.

I see the pressure part, but I don't see unit cost targets ever communicated to me, and I can sure as heck tell you I have never seen a bonus from all the targets I helped to achieve.

This company has the most aggressive single-engine taxi and save fuel culture I have ever seen, and I, as the pilot, am the one who implements it. An airline's largest single expense is fuel. I have my hand on that spigot, and I do what I can to not waste it (as do 95% of the rest of my group). I don't need a bonus, but I do need to see a piece of the action. Since our unit cost targets seem to be achieved, I'd like to see it reflected in our next CBA.

Agreed. Well said.