How long for a contract?
#1011
Almost there
Joined: Apr 2021
Posts: 1,972
Likes: 114
With the financials public, who really thinks F9 can afford a new contract? We all want a new contract but bottom line, the company CANNOT afford it. I've seen guys/gals posting on FB about the decrease in block hours year over year, quarter over quarter.. Revenue shrinking quarter over quarter. Planes sitting on the ramp. Do they not get it? They're making changes to the "New Frontier" because they're not making any money and they need to try something different. If we get a contract anytime soon, buckle up because we'll be right where NK is.
#1012
On Reserve
Joined: Jul 2014
Posts: 41
Likes: 5
smartest guy in the room here to do the companies negotiating for them.
lol. If you feel that way vote no on the first contract offer we get. lol.
The company as it has been operating has a PR and Image issue. We deserve more than legacies based on number of pax on a plane on any given day.
We are frontier’s cost saving advantage. If you’re really fine making way less than your peers across the industry go work for G4. The 90% of Frontier pilot group will continue to demand parity.
lol. If you feel that way vote no on the first contract offer we get. lol.
The company as it has been operating has a PR and Image issue. We deserve more than legacies based on number of pax on a plane on any given day.
We are frontier’s cost saving advantage. If you’re really fine making way less than your peers across the industry go work for G4. The 90% of Frontier pilot group will continue to demand parity.
#1013
Line Holder
Joined: Apr 2014
Posts: 452
Likes: 52
My question is, what excuse do you expect him to use on the Q2 2025 earnings call? ATC, Weather, Ground Delay Programs, Overcapacity, Fuel Prices, Inflation, his blood pressure and cholesterol?
#1014
Line Holder
Joined: Mar 2017
Posts: 267
Likes: 8
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...
#1015
Almost there
Joined: Apr 2021
Posts: 1,972
Likes: 114
I dunno. I’m cautiously optimistic with the trend.
#1016
Almost there
Joined: Apr 2021
Posts: 1,972
Likes: 114
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...
Spirit is also a bad comparison because they have a multitude of problems we don’t have.
#1017
On Reserve
Joined: Jul 2014
Posts: 41
Likes: 5
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.
Spirit is also a bad comparison because they have a multitude of problems we don’t have.
#1018
Almost there
Joined: Apr 2021
Posts: 1,972
Likes: 114
That's true. I'm sure no airline goes into negotiations without forecasting 5-7 years down the road. At this point I can be optimistic going forward however I don't have a ton of confidence in them making that kind of money. At least in the short term. I remember a conference call where a question was asked to JD about negotiations with pilot group about the contract early in 2024 and he said something to the effect, they haven't even budgeted for a pilot contract until 2025. So we'll see what this next year brings.
#1020
Gets Weekends Off
Joined: Nov 2012
Posts: 3,749
Likes: 99
From: 1900D CA
Frontier and the other big ULCC have hit a bump in the road, that's true. But we aren't going to permanently settle for the bottom of the industry wages because of a short term low profit period. Frontier has at times been wildly profitable and there's absolutely no reason we can't be again. A shift in the economy could be a huge win for us. The number of people buying expensive tickets on United and Delta frankly seems unsustainable to me. When the economy softens, Frontier will be there for people who've already maxed out their credit cards. But in the meantime, I want to be compensated like the Airbus pilot that I am. And I don't want to hold the rest of the industry down. Don't settle, guys. Frontier can find their way back to solid profits. We have to fight for our careers and the careers of the other non legacy airlines.
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