Spirit management will learn the hard way that you have to have some sort of a market contract, because if they don't, their pilots will bail. It's as simple as that. Allegiant, another ULCC, has decided to up their pay dramatically. Even Allegiant understands this principle.
Atlas and Spirit management teams will quite possibly be left at the altar with hardly any pilots left to fly their jets. Then, of course, both will cry and run to the government in a few years asking for some kind of help. That my friends would be socialism basically if they got help they need....ignore capitalism and the market...they want help because they are too cheap to pay. If they say we can't survive as a company otherwise...then so be it....its capitalism. That's like me starting a business that is failing because I can't keep up with realistic market demands and saying I should have my business...just because...
Screw that