Originally Posted by
putzin
We're giving away FAR more in 25 than what this pay scale warrants. Most are fine with the scale OR the rules, but NOT BOTH.
Form 8-k
“For the full year 2017, our team delivered an adjusted CASM ex-fuel of 5.51 cent s, up 1.1 percent year over year. This was an admirable performance considering the hurricanes and other disruptions this year,” said Ted Christie, Spirit’s President and Chief Financial Officer. “Should the tentative agreement with our pilots be ratified, we will gain tools that will allow us to further improve our operational reliability and drive efficiencies, which gives us confidence that we will be able to maintain or grow our relative cost advantage.”
What's does "maintain" mean?
The key to that statement is the word
relative. Legacy CASM is going up as well, ours would likely parallel that move going forward, albeit at a lower baseline. If the TA is voted down, our cost advantage would likely increase.