Originally Posted by
Planepirate
Bottom line: there is no guarantee of any upgrade in the near term for a new-hire. It’s actually been that way for a while. Now our Management says they are going to curb growth, which makes it worse. Spirit was a gamble in the past but the Quick upgrade made it worth it. Now it’s just a gamble. If I were job shopping I’d personally avoid going to Spirit. I’d stay at my regional till the legacies call. Even if the legacies have no growth you will still progress due to retirements. Just my $.02
No different than AirTran in 2006-2008. Any of us looking for work during that time knew the difference between the two places. On one hand, there was a profitable LCC that was a decent operation (but with crappy pay) but had seen it's phenomenal growth slow. Or, you could roll the dice with a tiny LCC (with similarly crappy pay) that was losing money but had investors who wanted to throw airplanes at it. The tiny, clueless LCC with deep-pocketed investors called first for many of us.
Did the masses really expect the 20-25% YoY growth to continue adfinitem?
Also, anyone know what happened to that profitable LCC when the growth slowed and they got big enough to step on a few toes?