Originally Posted by
Aero1900
True.
Age 67 is looking somewhat likely to pass. Spirit and JetBlue might get approved and I wouldn't be surprised at all if they slow down hiring too as they work to figure out their future fleet plan as they cycle Spirit planes out of service to get retrofitted and painted. Plus, in the meantime we are still filing new hire classes.
The forum has been full of very dire sounding posts lately but the reality is; we are clearly making solid profits and filing new hire classes. And all that talk of how much money the company must be spending on training and new hire bonuses??? Well, we are still solidly profitable.
You are incorrect.
It is not a new hire bonus. It is a new hire loan. This loan is recorded as a current asset in the F9 accounts receivable column. All of these new hire loans part of the "profit" you speak of. Smoke and mirrors accounting. Hopefully the union shines more light on this for the investors to see.