Thread: Spirit of NKS
View Single Post
Old 02-25-2015 | 02:38 PM
  #10772  
gonyon's Avatar
gonyon
Line Holder
 
Joined: Oct 2010
Posts: 1,499
Likes: 0
Default

Originally Posted by flyingpuma1
Found this article,
Airline Investors: Don't Underestimate Spirit Airlines' Big Growth Plans (JBLU, SAVE)

less interested in the article than the comment by the "financial guru" at the bottom that says this

"Based on current guidance, Spirit is on pace to earn a profit of about $500,000 per pilot this year. It could raise pilot compensation by $100K per person and still earn a pre-tax margin of more than 20% (better than any of the majors)."

Not sure how many pilots he thinks we have but 100k times 1000 is 100 million bucks