Originally Posted by reandld

All I really care about when it comes to a career is how much money I can make. I don't care about anything else. Sometimes I feel like a loser for choosing to be an airline pilot early on in my life. At least we earn decent wages that we can invest and turn into income producing assets.

Originally Posted by Excargodog

Seriously? You are butthurt over THIS posting?




I didn’t thing the idea that United has more international exposure or that Delta prioritized business travelers was really all that controversial. Far less that it would actually offend someone and start them spinning fantasies.

Originally Posted by Cyio

For me Spirit 100%, for them, see below. There is more to a choice than name alone.

I try to always tell people that their choice for a “lifer” career is way too personal for anyone to give the perfect answer. Ask questions about business models, financials, respected opinions on the state of the airlines etc and then take that with the other factors like qol, contract, seniority advancement to come up with the best answer for you.

There are things about Spirit that are so good for my situation that I would pass up offers from other majors. Does that mean they are the right fit for someone else, hell no.

Lets not make this a “my street is better than your street” argument, it is far to complicated for such a simplistic approach.

Originally Posted by reandld

Correct me if I'm wrong, but weren't you at the Voy until about a month ago? I don't think you're qualified to make that determination since you're so new at the LCC and came from a carrier whose morale was about the lowest you could get at the regionals.

Originally Posted by saturn

Do you understand the difference between a cash loss and equity write off? As in, they didnt really lose 12B out of their bank account. A lot of it was a "paper loss". Delta played accounting games and lumped asset depreciation for years to come into last year, among other things (Early retirement payouts, investing in their pension so they'll be self funded, JV equity writeoffs). If you are going to take a loss, take them all at once approach. This sets up future years for no tax liability, and manages the stock price volatility for future quarters. They wrote off the value of 56 767s and 91 717s to the tune of several billion, but they'll still be flying most of them til 2025. Still today taking most new aircraft in cash. Most of their debt will mature in short term.

They reduced a lot of future cost headwinds.
I foresee them quickly getting cashflow positive, paying down debt to 2019 levels (10B), and making billions a year in profits. May take a few years.

Originally Posted by Mink

If the above is even remotely close to the truth, it should make the Tax Payer feel even more tail-violated for all the government cash that was thrown at the airlines to, you know, "save" them.

Clever accounting wins the day.

Sorry - good luck to the UAL v DAL choice makers.

Originally Posted by reandld

And you're a Frontier pilot, so you're proving my point.

Originally Posted by Me Air Da

Welp that settles it. Time to trade in my legacy job for Spirit. I never wanted that profit sharing or to be a widebody captain anyways.