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Stock off 15%. Can't imagine why....
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If the board wasn't paying attention before.. they are now. And the bid sheet this AM indicates the staffing is an issue. Even in the height of previous growth quarters, there have never been the amount of upgrades we are seeing now.. The boys in Miramar are feeling some pressure I'm guessing... will this be the straw that breaks the camels back?? well see.
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Currently running a 96% Completion Factor...........
SMH, thats terrible. We really need to better if we want to actually stay in business |
https://www.fool.com/investing/2017/...spx?yptr=yahoo
Getting a new pilot contract ratified is the only way for Spirit Airlines to get its pilots motivated again -- and to ensure that the company can continue to recruit new pilots to support its growth. Achieving a new contract that is fair to the pilots but affordable for the company thus ought to be management's highest priority right now. After all, having pilots available when they are needed is a precondition for any airline to succeed. |
Originally Posted by Chimpy
(Post 2400223)
Currently running a 96% Completion Factor...........
SMH, thats terrible. We really need to better if we want to actually stay in business |
Originally Posted by amboy44
(Post 2400210)
Stock off 15%. Can't imagine why....
http://www.barrons.com/articles/why-...ing-1501173489 CFO seems optimistic that a new contract won't hurt the company... From: https://www.thestreet.com/story/1424...s-results.html Chief Financial Officer Ted Christie said, ""While our cost performance for the second quarter was not satisfactory, we do not believe it materially changes our long-term cost outlook and are confident that we will continue to maintain, or grow, our relative cost advantage." |
Originally Posted by Macjet
(Post 2400274)
Are you serious or are you being facetious?
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A copy of the transcript from the earnings call:
https://seekingalpha.com/article/409...pt?part=single It's long, but worth a skim. The negotiations are mentioned several times, despite an early "That's all I've got to say about that" from Edward Christie. |
Thank you alpa for fighting for us not to get any stock options on the last contract!!!!! I guess you saw this coming!!!!!!!!!!!!!!!!!!!!!!!
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Originally Posted by SourGrapes
(Post 2400516)
Thank you alpa for fighting for us not to get any stock options on the last contract!!!!! I guess you saw this coming!!!!!!!!!!!!!!!!!!!!!!!
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