Spirit TA passes
#121
Gets Weekends Off
Joined APC: Oct 2013
Posts: 1,666
True, but we didn’t. I’m not saying that Indigo is definitely looking for a new suitor for Frontier, but the spirit merger could have been a fork in the road:
If the merger was successful, Frontier would have gotten an extra 2000+ pilots to continue their growth plans and keep things afloat until the legacy hiring craze subsides.
However, that obviously didn’t happen. Now Frontier is faced with massive growth ambitions, a very small supply of new pilots, and legacies hiring up all the young hopefuls they can. To add to the burn, having Frontier, Spirit, or JetBlue on one’s resume to a legacy currently seems to hold about the same weight as having a Ph.d and a few space shuttle landings. So, Frontier is faced with increasing attrition from more than just new hires.
Indigo has already made MASSIVE returns on their Frontier investment. It wouldn’t be totally unbelievable for them to decide it’s time to walk away upon realizing the headwinds that they are about to face. Just like a good stock, sometimes it’s just time to sell when it’s high. Indigo still has slots to hundreds of very desirable A320 series orders. They could offload Frontier, still maintain control of those slots and either sell them to another airline (making a huge profit), or maintain the orders and continue a steady income flow by leasing them.
That said, I know everyone is praying that a legacy buys us. People seem to be jumping for joy over the thought of Frontier being bought, but “being bought” doesn’t mean that we would be flying a legacy or SWA paint job in the future. A sale of Frontier could also simply mean a sale to another investment company. Look at Sun Country, they were “bought”, but I don’t see them flying around with a cute little heart on the side of their planes.
If the merger was successful, Frontier would have gotten an extra 2000+ pilots to continue their growth plans and keep things afloat until the legacy hiring craze subsides.
However, that obviously didn’t happen. Now Frontier is faced with massive growth ambitions, a very small supply of new pilots, and legacies hiring up all the young hopefuls they can. To add to the burn, having Frontier, Spirit, or JetBlue on one’s resume to a legacy currently seems to hold about the same weight as having a Ph.d and a few space shuttle landings. So, Frontier is faced with increasing attrition from more than just new hires.
Indigo has already made MASSIVE returns on their Frontier investment. It wouldn’t be totally unbelievable for them to decide it’s time to walk away upon realizing the headwinds that they are about to face. Just like a good stock, sometimes it’s just time to sell when it’s high. Indigo still has slots to hundreds of very desirable A320 series orders. They could offload Frontier, still maintain control of those slots and either sell them to another airline (making a huge profit), or maintain the orders and continue a steady income flow by leasing them.
That said, I know everyone is praying that a legacy buys us. People seem to be jumping for joy over the thought of Frontier being bought, but “being bought” doesn’t mean that we would be flying a legacy or SWA paint job in the future. A sale of Frontier could also simply mean a sale to another investment company. Look at Sun Country, they were “bought”, but I don’t see them flying around with a cute little heart on the side of their planes.
#122
Almost there
Joined APC: Apr 2021
Posts: 1,107
Don’t fool yourself. Aside from legacy hiring, WN plans to hire 2100 pilots in 2023. All of these airlines are competing for pilots coming out of the ATP pipeline. Take a look at their pay scales compared to F9. The whole thing is crazy. Even Spirit mgmt sees the writing on the wall. And they only need to keep afloat until JB takes over.
Who people think will buy us: UA, SWA, AK…
Who will buy us: Republic, Mesa, Breeze…
#127
Gets Weekends Off
Joined APC: Mar 2018
Posts: 148
Spirit pilots are now making an average of 34% more than F9 via a concessionary TA and looking forward to a future snap up provision through JB. This hiring environment will not afford the interest accruing loan with strings attached funny business. Not to mention the 1500+ open grievances. If a sale is not imminent, the intentional tanking of future recruiting is one of life’s little mysteries.
#129
True, but we didn’t. I’m not saying that Indigo is definitely looking for a new suitor for Frontier, but the spirit merger could have been a fork in the road:
If the merger was successful, Frontier would have gotten an extra 2000+ pilots to continue their growth plans and keep things afloat until the legacy hiring craze subsides.
However, that obviously didn’t happen. Now Frontier is faced with massive growth ambitions, a very small supply of new pilots, and legacies hiring up all the young hopefuls they can. To add to the burn, having Frontier, Spirit, or JetBlue on one’s resume to a legacy currently seems to hold about the same weight as having a Ph.d and a few space shuttle landings. So, Frontier is faced with increasing attrition from more than just new hires.
Indigo has already made MASSIVE returns on their Frontier investment. It wouldn’t be totally unbelievable for them to decide it’s time to walk away upon realizing the headwinds that they are about to face. Just like a good stock, sometimes it’s just time to sell when it’s high. Indigo still has slots to hundreds of very desirable A320 series orders. They could offload Frontier, still maintain control of those slots and either sell them to another airline (making a huge profit), or maintain the orders and continue a steady income flow by leasing them.
That said, I know everyone is praying that a legacy buys us. People seem to be jumping for joy over the thought of Frontier being bought, but “being bought” doesn’t mean that we would be flying a legacy or SWA paint job in the future. A sale of Frontier could also simply mean a sale to another investment company. Look at Sun Country, they were “bought”, but I don’t see them flying around with a cute little heart on the side of their planes.
If the merger was successful, Frontier would have gotten an extra 2000+ pilots to continue their growth plans and keep things afloat until the legacy hiring craze subsides.
However, that obviously didn’t happen. Now Frontier is faced with massive growth ambitions, a very small supply of new pilots, and legacies hiring up all the young hopefuls they can. To add to the burn, having Frontier, Spirit, or JetBlue on one’s resume to a legacy currently seems to hold about the same weight as having a Ph.d and a few space shuttle landings. So, Frontier is faced with increasing attrition from more than just new hires.
Indigo has already made MASSIVE returns on their Frontier investment. It wouldn’t be totally unbelievable for them to decide it’s time to walk away upon realizing the headwinds that they are about to face. Just like a good stock, sometimes it’s just time to sell when it’s high. Indigo still has slots to hundreds of very desirable A320 series orders. They could offload Frontier, still maintain control of those slots and either sell them to another airline (making a huge profit), or maintain the orders and continue a steady income flow by leasing them.
That said, I know everyone is praying that a legacy buys us. People seem to be jumping for joy over the thought of Frontier being bought, but “being bought” doesn’t mean that we would be flying a legacy or SWA paint job in the future. A sale of Frontier could also simply mean a sale to another investment company. Look at Sun Country, they were “bought”, but I don’t see them flying around with a cute little heart on the side of their planes.
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03-19-2007 02:27 PM