June/July Colas
05-02-2019 | 06:58 PM
#42
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Joined: Dec 2018
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05-02-2019 | 08:53 PM
#44
Gets Weekends Off
Joined: Nov 2012
Posts: 3,750
Likes: 99
From: 1900D CA
The answer to every single thing that Indigo does is cost cutting.
They told us in a memo that they have realized more efficiency in the new contract than they expected. We are fat on pilots, so of course they will slow down hiring and even offer a few colas. Saves money.
Now, if an IPO is coming, which I believe it is, if they can stop hiring for 3 months (a financial quarter) it makes the numbers look even better. Training new hires is not cheap.
I believe an IPO is more likely than any merger. Its simple, it raises serious cash and then they are free to move on and do anything they like. Mergers are messy and complicated.
They told us in a memo that they have realized more efficiency in the new contract than they expected. We are fat on pilots, so of course they will slow down hiring and even offer a few colas. Saves money.
Now, if an IPO is coming, which I believe it is, if they can stop hiring for 3 months (a financial quarter) it makes the numbers look even better. Training new hires is not cheap.
I believe an IPO is more likely than any merger. Its simple, it raises serious cash and then they are free to move on and do anything they like. Mergers are messy and complicated.
05-03-2019 | 06:09 AM
#45
Gets Weekends Off
Joined: Nov 2016
Posts: 541
Likes: 0
The answer to every single thing that Indigo does is cost cutting.
They told us in a memo that they have realized more efficiency in the new contract than they expected. We are fat on pilots, so of course they will slow down hiring and even offer a few colas. Saves money.
Now, if an IPO is coming, which I believe it is, if they can stop hiring for 3 months (a financial quarter) it makes the numbers look even better. Training new hires is not cheap.
I believe an IPO is more likely than any merger. Its simple, it raises serious cash and then they are free to move on and do anything they like. Mergers are messy and complicated.
They told us in a memo that they have realized more efficiency in the new contract than they expected. We are fat on pilots, so of course they will slow down hiring and even offer a few colas. Saves money.
Now, if an IPO is coming, which I believe it is, if they can stop hiring for 3 months (a financial quarter) it makes the numbers look even better. Training new hires is not cheap.
I believe an IPO is more likely than any merger. Its simple, it raises serious cash and then they are free to move on and do anything they like. Mergers are messy and complicated.
05-03-2019 | 06:34 AM
#46
Line Holder
Joined: Aug 2017
Posts: 55
Likes: 0
One of the guys in the holding pool. Got a phone call and it appears classes around December, possibly earlier. I was wondering about airframes. Are they receiving them as per schedule? If so, how many pilots per airframe? 130 seems to be a lot!
Also, congrats on the pilots being able to pick up trips etc.. and make some good cash!!!
HappyD
Also, congrats on the pilots being able to pick up trips etc.. and make some good cash!!!
HappyD
05-03-2019 | 07:26 AM
#48
Thread Starter
Last To Know First To Go
Joined: Sep 2016
Posts: 620
Likes: 1
The answer to every single thing that Indigo does is cost cutting.
They told us in a memo that they have realized more efficiency in the new contract than they expected. We are fat on pilots, so of course they will slow down hiring and even offer a few colas. Saves money.
Now, if an IPO is coming, which I believe it is, if they can stop hiring for 3 months (a financial quarter) it makes the numbers look even better. Training new hires is not cheap.
I believe an IPO is more likely than any merger. Its simple, it raises serious cash and then they are free to move on and do anything they like. Mergers are messy and complicated.
They told us in a memo that they have realized more efficiency in the new contract than they expected. We are fat on pilots, so of course they will slow down hiring and even offer a few colas. Saves money.
Now, if an IPO is coming, which I believe it is, if they can stop hiring for 3 months (a financial quarter) it makes the numbers look even better. Training new hires is not cheap.
I believe an IPO is more likely than any merger. Its simple, it raises serious cash and then they are free to move on and do anything they like. Mergers are messy and complicated.
05-03-2019 | 09:31 AM
#49
Gets Weekends Off
Joined: Nov 2016
Posts: 541
Likes: 0
This is just me running math off what I’ve heard while flying. A lot of premium trips have been popping up in MCO and PHL so we shall see if my speculation holds up. If I remember right this happened last year. But then they ran upgrade and new hire classes in September instead of December. I’m hoping that happens again.
Good luck to all those in pool.
05-03-2019 | 09:52 AM
#50
Gets Weekends Off
Joined: Nov 2012
Posts: 3,750
Likes: 99
From: 1900D CA
As far as I know they are on schedule. We have 85 planes right now with 1410ish pilots. Right around 16.5 pilots per plane. I’ve heard we are overstaffed by about 130 pilots. So they want around 15 or 15.5 pilots per plane. We end the year with 98 planes. So I’m guessing that should be around 1480 pilots. The new “efficiencies” equate to a pilot or a pilot and a half less per plane.
This is just me running math off what I’ve heard while flying. A lot of premium trips have been popping up in MCO and PHL so we shall see if my speculation holds up. If I remember right this happened last year. But then they ran upgrade and new hire classes in September instead of December. I’m hoping that happens again.
Good luck to all those in pool.
This is just me running math off what I’ve heard while flying. A lot of premium trips have been popping up in MCO and PHL so we shall see if my speculation holds up. If I remember right this happened last year. But then they ran upgrade and new hire classes in September instead of December. I’m hoping that happens again.
Good luck to all those in pool.
I feel like this is just another knee jerk, overreaction by the company. Pat Ryan probably told BB that guys are picking up open time and the new pairings are more efficient leaving us fat on pilots. Biffle probably got real excited and said stop hiring for 6 months! Then, about 3 months from now, they will realize that they overreacted and start running classes again.
I still believe an IPO is coming, but j also believe they will start hiring again well before December
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