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Old 01-05-2017 | 11:59 AM
  #6541  
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Originally Posted by madmax757
How many in the class Saluk?
Originally Posted by TurboFanMan
I heard 28 Jan 3rd class?
Yup it's a big group
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Old 01-05-2017 | 12:43 PM
  #6542  
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Originally Posted by skater3260
Yes, we can. It will be held at the Little Chapel of Love in Las Vegas. First ten RSVPs will qualify for $19 fares on the redeye to Vegas.
I'll be there if its an open bar
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Old 01-05-2017 | 01:13 PM
  #6543  
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I'm sure this has probably been posted but LMAO





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Old 01-05-2017 | 04:44 PM
  #6544  
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Vacancy Notice 04-2017 is out. 12 upgrades. Congrats to all!
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Old 01-05-2017 | 06:24 PM
  #6545  
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http://www.nytimes.com/2017/01/05/bu...-ipo.html?_r=0

Looks like an IPO is getting closer.
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Old 01-05-2017 | 06:39 PM
  #6546  
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Originally Posted by SpankysLadder
Vacancy Notice 04-2017 is out. 12 upgrades. Congrats to all!


Most upgrades are in Denver. Should go very senior.


Sent from my iPhone using Tapatalk
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Old 01-05-2017 | 06:59 PM
  #6547  
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Upgrades directly into DEN will go senior, but transfers of other pilots in MCO and ORD to DEN will allow more junior upgrades as well.
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Old 01-05-2017 | 07:39 PM
  #6548  
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Originally Posted by DENpilot
I believe this management team has no intention to grow the airline as planned. They care about ONE thing, and that is; what can they do to make a dollar RIGHT NOW.

Biffle and Indigo don't give 2 *******s about this airline in 5 years.

Our CASM is somewhere under 6 cents. God forbid we keep a 5 year old A320 and our CASM goes from 5.7 to 5.8 cents. They're so effin' blinded by short term gain by replacing a CEO with a NEO that they are missing growth opportunities Allegiant and Spirit are moving in on, very rapidly.

I was optimistic about Frontier's future, but with every passing day, that optimism wanes.
My 2 cents...I think the growth plan Indigo has is smart. Lets remember they are making tons of money unlike the Frontier of the past. Lets also not forget Virgin America a few years ago. They were growing so fast they could not fill the new planes on the routes they were adding and were losing money like no tomorrow. Not saying with Frontiers aircraft utilization and being a NEO that we couldn't make money with them even if we flew them half full, but I think by exchanging some of the expensive leased 5 year old planes for the new efficient NEO's, it will make this airline more profitable and competitive. Also by growing at a slower pace from 63 to 72 in a years time gives them more time to build up the routes and actually make serious money with the growth. Up to this point they have turned 60 planes which went into bankruptcy, into 60 planes that make tons of money, so they are doing something right. Frontier is now a very profitable airline and will get even more efficient and profitable that no major will be able to compete with. Thats what we need to survive against the legacies and that is what we should want. Pilot hiring will continue because we are adding more then we are parking so these are good times at Frontier! Just need a new pilot contract...
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Old 01-05-2017 | 08:02 PM
  #6549  
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Originally Posted by ColdWhiskey
I agree with most everything you said and it represents the traditional business model and investor that we are used to.

But private equity firms and their methods are a whole different ball game. I did some internet research on some of the new big PE players and their methods. Their goal is often huge short term profits while turning around a failing business, and not necessarily the long term health of the business.

They excel in stripping much of the business's value (and pocketing it themselves) while maintaining or increasing the value of the business for a future IPO or sale.

Growth is a long term investment in a company. It requires that money made today be reinvested in the company to increase its future value. Any money invested in future growth is money the PE firm can not put in its pocket now.

Indigo's motive is to put as much money in it's pockets as it can while maintaining or increasing Frontier's value for a future IPO or sale. Their goal or concern is not necessarily the long term health of Frontier or your future at an airline they won't be part of 5 years from now.

I hope that I am wrong and you are correct!
PE is a very generic term. There was little of value to be stripped for cash at the purchase from Republic. Rather, I believe they are recognizing the potential of putting to market the value of the ULCC model. Legacy (not to be confused with legacy carriers) costs are very low with F9 and the replacement of smaller frames with larger frames and more efficient frames (read: A320NEO) means much greater efficiency. Load factors are enormous. They are embracing the ULCC model in what seems to be a transparent fashion with the market - meaning they are not saying "you only paid $29 for your seat sucker... take it or leave it" no, they are marketing an opportunity to fly cheap if you forego certain expectations and it works. Also, they offer these expectations if you are willing to pay. I believe this is the distinction between Frontier and Spirit.

I am certainly not suggesting that they are indeed a benevolent organization but neither are most [I]for profit[I] organizations. They are likely quickly reinvesting profits to grow as quickly as possible. As another poster mentioned, growth - and more importantly revenue, are most certainly the greatest concern for Indigo. I will suggest that they are not remotely concerned about pocketing the net profits they are making today. Here is why: They paid $150,000,000 or so for Frontier out of bankruptcy. They know and believe in the ULCC model. If they simply pocketed the $120,000,000 in profit for the next three years they would stand to make $360,000,000 less the original $150,000,000 or $210,000,000. Nothing to sneeze at but the real money comes from creating a much larger and semi profitable airline. For example, in the IPO world of airlines, revenue (not profit) is the name of game. Grow, grow, grow. Valuations are regularly 2x to 3x revenue. So...if they can grow revenue to say $2 billion they stand to generate $4 to $6 billion for their investment of $150,000,000.

So long as they can, I submit that they will grow as fast as possible. Not a guarantee even with all the moons in alignment but where my money is.
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Old 01-06-2017 | 07:47 AM
  #6550  
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http://uk.mobile.reuters.com/article/idUKL4N1EW1JU

So talk of IPO begins.....again. I guess we're ready.
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