$100,000,000.00 stock buyback

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10-27-2017 | 06:53 AM

#11

Name User

Gets Weekends Off

Joined: Mar 2014

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Quote:

Originally Posted by UNSUBSCRIBE

Lol.

CEOs though? $14,000,0000.00 a year to run a **** poor airline? Seems legit

Who is that? Your CEO? In 2016 he earned about $1.3m with another ~$6m tied to stock which is now worth $3m after the drop haha.

10-27-2017 | 06:55 AM

#12

UNSUBSCRIBE

Thread Starter

Banned

Joined: Apr 2017

Posts: 409

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Quote:

Originally Posted by Name User

Well if it makes you feel better I think you guys are underpaid. Not just in comparison to other pilots but workers in general.

In a normal market the underpaid would leave for the better jobs but what has attrition been at Spirit over the last year? On the Frontier side they are seeing very little turnover, despite the hiring at the better carriers.

Well they have a training contract I beleieve.

Attrition is the highest its ever been. WE LOST A 1/3 of the guys we hired in 2017 and training failures are at 8%

10-27-2017 | 07:00 AM

#13

Name User

Gets Weekends Off

Joined: Mar 2014

Posts: 4,153

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Quote:

Originally Posted by UNSUBSCRIBE

Well they have a training contract I beleieve.

Attrition is the highest its ever been. WE LOST A 1/3 of the guys we hired in 2017 and training failures are at 8%

At $38/hr that doesn’t surprise me. That is higher than I was expecting though. Damn.

You guys need a raise and pronto, get a short contract and start it again in 2-3 years.

I wonder when the company will start offering bonuses a la the regionals to new FOs?