Aero1900

Article about possible growth in Colorado springs

http://m.gazette.com/klee-super-bowl-50-is-von-miller-vs.-cam-newton/article/1568932

Boat Rower

Or, maybe the link you intended was this?

It's a different Frontier that's coming back to Colorado Springs

Mustangdrvr

Is the 401K info on Frontiers APC page accurate? If so I understand it to say a 5% match and then something about .50 on the $1.00 up to 10% of pilots contribution? Someone smarter than me mind dumbing that second part down to laymens terms for me?

elmetal

So you put in 5% let's say you make 100,000 for easy numbers.

You put in 5% or 5000 dollars. They match the 5000.

After the 5%, it's a half match so if you put in total, 10% or 10,000, they will match 7500 dollars.

Make sense?

Mustangdrvr

Got it. Yes that makes sense. Thanks for the easy to follow explanation for my pea brain.

Aero1900

Yes, that'd be the one..

sab1250

this is 100% NOT correct! I wish it was! we have a 50% match up to 5% max. so if u put in 6% the company matches 3%, 7% they match 3.5%, 8% they match 4%, up to a MAX of if you put in 10% they match 5%. They always match HALF up to a 5% MAX. we also have a SMALL DC Plan as follows. I cut and past it. just look at the far right column


Longevity 3/2/07 3/2/08 3/2/09 3/2/10 Thereafter
1 0.0% 0.0% 0.0% 0.0% 0.0%
2 0.0% 0.0% 0.0% 0.0% 0.0%
3 2.2% 2.2% 2.2% 2.2% 2.2%
4 2.7% 2.7% 2.7% 2.7% 2.7%
5 3.2% 3.7% 4.0% 4.0% 4.0%
6 3.7% 4.2% 4.7% 5.2% 5.5%
7 4.2% 4.7% 5.2% 5.7% 6.0%
8 5.2% 5.7% 6.0% 6.0% 6.0%
>9 5.5% 6.0% 6.0% 6.0% 6.0%

MtnPeakCruiser

From the article:
"Frontier CEO Barry Biffle said the Las Vegas flight is the start of what the airline hopes will be a major expansion in Colorado Springs that could become a quarter to half the size of its Denver hub with flights to 15-20 destinations within three to five years. if the initial flight is successful in attracting passengers. He said last week Frontier is pleased with initial bookings. He mentioned at a Jan. 12 news conference that Phoenix was high on Frontier's list of potential destinations - a Phoenix-Springs route was shown by mistake for a short time on Frontier's route map - along with cities in California and "some in the Central time zone."

Biffle pointed to the ability of Western Pacific Airlines to draw large numbers of passengers to the Springs with low fares 20 years ago as evidence that Frontier can grow in southern Colorado. Amid growing losses, WestPac eventually left Colorado Springs for Denver and later collapsed in bankruptcy.

Boyd sees plenty of opportunity for Frontier in Colorado Springs. He sees Florida as an attractive destination because it will pay far less to the Springs airport in rent and fees - about $6 per departing passenger - than it would at DIA. There, such costs are about double, plus Boyd believes DIA is headed toward higher construction costs for the new hotel connected to the passenger terminal that opened in November. Depending on Frontier's growth in the Springs, Colorado Springs Airport officials estimate that the cost airlines pay per departing passenger could drop by as much as half to about $3.

"You will see a larger percentage of people from the I-25 corridor using Colorado Springs, particularly those from south of Castle Rock," Boyd said. "While a large number will still go to DIA, a greater share will go to the Springs than they have in the past. You will see more people using that airport.""

1/4 to 1/2 the size of Denver... Wow! Florida (probably MCO) and PHX out of COS would makes sense; even though I hate to agree with Mike Boyd.

sulkair

Hmm. Wonder if KCOS could become a base. That would be phenominal ! ! !

Unless they tried to make it a co-domicile like O'hare and Midway. But that would never work being 97 miles apart and over monument pass.

Maybe a Colorado upgrade will occur in my lifetime

sulkair

Thanks for posting Sab!