Originally Posted by
Rocinante
If anything, wouldn't it make more sense to take 50 hours at 1st year pay and then do more hours at the higher rate? Assuming you're not paycheck to paycheck.
From a larger perspective, I see this coinciding with the legislation in Congress. If Spirit takes that grant money and only has to pay 50 hours to a significant chunk of pilots, they've sort of won on both accounts.
How so? The amount distributed will be based on Q2-3 of 2019. So there will be money left over if a bunch of guys end up taking the VIL ( and there a ton of lines). But that grant money can only be used for payroll. Spirit doesn’t get to pocket it. They could perhaps stretch those dollars longer using 50 hour lines as I’m not sure the money has to be used up by a certain date.