Originally Posted by Normann

Exactly. Imagine 2011 becomes a double dip scenario. I am not saying it will be but there is a significant chance. The bottom of the new hires will be on the street just like we were in 2008. Many of us went to Spirit in 2008 leaving good seniority behind at a regional. I had a 170 left seat award in my packet and would have been able to hold on to it through the recession making $70k or so. Instead I made $15k per year on furlough for almost two years. So far Spirit has cost me at least $110k, two years of my life, and my jet PIC. That was one heck of an expensive A320 type. All my fault.

I am very excited about growth and the "potential" of Spirit because there is potential here. I am all over every single delivery. But the reality is oil has been trading above $90 for the past 2 months. $20 from the panic button. Spirit and everyone else will need cash to fly through the peak if it goes higher. Right now it seems they are conserving their resources and I am very happy about that.