Motley Fool article on our Short Staffing
#22
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Joined: May 2015
Posts: 490
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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.
Last edited by FlyGuy2002; 07-27-2017 at 07:04 AM.
#24
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.
#25
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Joined: Feb 2007
Posts: 1,451
Likes: 24
From: Airplanes
#26
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Joined: Nov 2015
Posts: 1,370
Likes: 147
How high's the water? 18% and rising...
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."
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."
#28
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.
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.
#30
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