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Old 12-12-2024 | 12:15 PM
  #1016  
Stayontarget
Almost there
 
Joined: Apr 2021
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Originally Posted by BaseballFlyer7
I may vote no the first go around. Especially if they try to do anything with the ability to drop, swap and add etc. We'll see. It's not a question of whether we deserve to paid like the legacies based off the fleet and flown pax. I agree with you. We do. I'm not negotiating for the company. I want us to get what we deserve just as much as the next guy/gal. I'm simply saying I don't see it anytime soon based off of the block hours decreasing, low revenue, aircraft sitting, etc. The money for our contract has to come in. They can't afford it right now in my opinion. Another poster said Barry is on record saying double digit profit margins in 2025. I hope they're right. Is that including a new contract? If not, single digit profit margins, maybe. I'd just like to see all of us with a future here. And yes, I get it. If they can't make money after giving us a new contract, or now for that matter, that's a management failure. It's on them. What's going on over at NK can happen here, again...
The problem is you’re thinking about a contract in today’s terms. While relevant it’s too short sighted. You need to think about the contract in the terms of a deal for the next 5-7 years. Example: Okay so we all agree on a contract with minimal gains because in 2024 we barely made a profit and could barely afford it. Then say 2025-2032 Frontier has 9000% profit margins and then in 2032 they have 0% profit margins and we sign low rates again? Who was the fool in that scenario?

Spirit is also a bad comparison because they have a multitude of problems we don’t have.
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