Our future looks bright (Yellow, that is)
 

I was looking at the Investor Presentation published today. It seems they got rid of "juniority" as a cost savings plan (no more revolving door?). Also, the aircraft orders seemed interesting. They want 15-18.5% growth until 2021, then 10% beyond. They see 125 aircraft needed from 2021-2026, as well as more planes by 2019. I ran the #s. 15% growth should be:
end of 2017: 110
end of 2018: 126
end of 2019: 145
end of 2020: 166
end of 2021: 191
end of 2026: 316
that's 15% year over year, plus 125 from 2021-2026.
We'd need 31 more orders between now and 2021.
At 16 pilots/plane (PBS will diminish this need slightly, and YES it will come :(), we should be ~3000 pilots by 2021, ~5000 by 2026

Now if we could only make a decent wage, people might actually want to come here/stay here! Quick upgrade doesn't mean squat if you make less than 2-3 year FOs everywhere else.


Now....who wants to invest????

Life happens when making plans.

They might want to grow like that but they have to pay to recruit and retain pilots and that requires industry standard. They also have to actually make those orders which they haven't.

If only there was some sort of package deal with about 60 similar airframes, 1,000 typed low-cost pilots, and very little route overlap. Hmmm....

Yeah page 10 in the fine print says we have a 19% overlap with Frontier.

PBS is coming? Who's going to vote for it? how will you stand a chance of attracting newhires to Spirit if you accept it?

The same way Delta, United, and AA do....With industry standard pay rates and retirement.

Not me! I'll keep my industry rock bottom pay and line bidding thank you very much!

We can have all of that without PBS. Look at SWA. We my not have their route structure now but we will eventually with the planes in order. Cancellations are up, hiring is getting tough and guys are leaving more than ever. We are in the perfect hiring environment. We DO NOT have to concede PBS. Stay tough, don't answer your phone and fly your line. It's hard to pass up premium trips I know. I passed on two JA's this week already but they cancelled 16 fights yesterday and three already this morning. They can't keep this up going into the spring break and summer season. If we all stay the course and the union cranks up the pressure and non management pilots stop working for free, management will have to deal and pbs won't be a factor.