Not good.

Beyond what’s publicly available the union and company had a meeting to review our current financial position. The company is claiming a contract would put Frontier into bankruptcy. They sent the pilot group a bunch of charts and graphs showing negative free cash flow, negative margins, and said pay increases at Spirit were a leading cause of bankruptcy filings.

“Any additional spend above our current proposal creates significant liquidity concerns” … not words from a thriving company.

Most pilots are applying elsewhere.