Motley Fool article on our Short Staffing
07-27-2017, 06:35 AM
#22
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Joined APC: May 2015
Posts: 459
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.
07-27-2017, 07:01 AM
#24
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Joined APC: Sep 2014
Position: Da Bus, Left
Posts: 1,510
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.
07-27-2017, 08:40 AM
#25
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Joined APC: Feb 2007
Position: Airplanes
Posts: 1,378
Originally Posted by Chimpy
Currently running a 96% Completion Factor...........
SMH, thats terrible. We really need to better if we want to actually stay in business
SMH, thats terrible. We really need to better if we want to actually stay in business
07-27-2017, 08:52 AM
#26
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Joined APC: Nov 2015
Posts: 1,120
Originally Posted by amboy44
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."
07-27-2017, 04:07 PM
#28
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Joined APC: Apr 2016
Position: A320 CA
Posts: 707
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.
07-27-2017, 06:30 PM
#30
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Joined APC: Sep 2014
Position: Da Bus, Left
Posts: 1,510
Originally Posted by SourGrapes
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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