View Single Post
Old 10-13-2016 | 02:53 PM
  #9506  
Chimpy's Avatar
Chimpy
Line Holder
 
Joined: Nov 2015
Posts: 1,864
Likes: 178
Default

Originally Posted by paidpnuts
I like that article, we just need to continue doing public events to remind everyone what we are trying to achieve. I personally know of one guy, FO leaving for DAL. I also know of another that got hired here and will interview somewhere much better before his class date at Spirit starts. We lose one on the list and one not even on property yet. So, if Spirit continues to delay, fine. It only drives my ask up as other airlines continue to get better contracts and LOA's. Things that would attract new pilots cause eventually there won't be anyone left to invite for an interview. IMO


Sent from my iPhone using Tapatalk
I cant wait until a very intelligent, well respected CA of ours puts in his two weeks notice to start at Delta. He works on a Committee that routinely interacts with management. They have to wonder when 9 year CAs in the top 10% +/- starts to leave, lol. They Can tell you they don't care all they want, but it absolutely will become an issue because when smart guys like the one above leave, you know that means everyone else has their stuff out too.

We also have a fellow APC'r Instructor CA who has UAL & DAL Interviews. I really dont care if Bendo notices but eventually they will because the retirements at the Legacies really havent even begun to spool up.


Here is the Investopedia Article (FWIW)



After almost two years of contract negotiations, 100 Spirit Airlines Inc (SAVE) pilots picketed at Dallas/Fort Worth Airport this past Tuesday.

Spirit pilots have been without a contract since August 2015 and have been negotiating since January 2015. The previous contract was negotiated in 2010 before the airline had reached its current size. At that time, Spirit employed 400 pilots and was a relatively small airline in the industry. Today, the union argues that Spirit is the most profitable and fast-growing airline in America and that its 1,500 pilots earn half of what their peers earn at other airlines.

(related: How are Discount Airlines so Cheap?)

In July, Spirit’s pilots requested mediation from the National Mediation Board (NMB) to increase the speed of negotiations. The pilots claim Spirit’s management has been avoiding scheduling meetings in December because of unavailability. The last contract negotiations in 2010 also involved the NMB. After two years of mediation and almost four years without a labor contract, pilots staged a lawful strike in mid-June. Five days later the two sides reached an agreement, which was then ratified in August.

While the effects of a five day strike by a group of 400 pilots might have been minimal at the time, the effects of a similar strike today could be disastrous for Spirit. In 2015, the company launched 40 new routes, added 14 new planes and created 600 new jobs. The airline also boosted its operating income by 33% and its EPS by 36%. This is no longer the small carrier it was in 2010. Objectively speaking, Spirit might not have a lot of negotiating ground to stand on. If the union’s claims are true and pilots are earning less than half of industry standard, the already tight employment market for pilots will see that Spirit is unable to hire new pilots and continue to grow its airline at the rate to which shareholders have become accustomed.

Read more: Spirit Pilots Picket in Dallas-Fort Worth (SAVE) | Investopedia http://www.investopedia.com/news/spi...#ixzz4N0bfheYm
Follow us: Investopedia on Facebook