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Old 08-31-2016 | 08:11 PM
  #8441  
3inthegreen
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Originally Posted by Qotsaautopilot
So 80% of the costs of running the airline is not labor and the pilots are not that entire 20%. They can afford industry leading trust me
Maybe today, but right now they are enjoying having almost half the pilots on year 3 pay or less. Every year their labor costs goes up significantly. In addition to labor groups cost increases, by 2021 Spirit will have over 6.6 Billion in future payments on contractual obligations, that's more than a 700% increase from today where we are currently at 900 million. Spirit only owns 16 of our aircraft, managemeant is in the process of leveraging us up to a dangerous level.

Now that being said we will get significant pay raises in the next contract, we more than deserve them, the market demands it. All I am saying is that we will never get "industry leading" "legacy" pay rates while keeping all of our work rules. A basic calculator and their 2015 10K will show you that.