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-   -   Negligent accounting (https://www.airlinepilotforums.com/spirit/111303-negligent-accounting.html)

CMFIC 02-11-2018 06:07 PM


Originally Posted by Gjn290 (Post 2525919)
I do think if you think this is a cost neutral contract then you are naive.

290- although we don't agree, I appreciate a coherent comment.

If you really believe pilots are naive for thinking this is a cost neutral offer, you may want to review recent comments made by the CFO (soon to be CEO) of Spirit Airlines. Keep in mind, the CFO has the ultimate situational awareness of a company's finances.

"Should the tentative agreement with our pilots be ratified, we will gain tools that will allow us to further improve our operational reliability and drive efficiencies, which gives us confidence that we will be able to maintain or grow our relative cost advantage,"

Pursuant to Securities Act of 1933 (SEC rules), section 4A, it would be illegal for an executive to make such misleading statements to the investment community.

Can we agree this is offer is trading QOL for an industry lagging pay rate?

dotslash 02-11-2018 06:11 PM


Originally Posted by FlyGuy2002 (Post 2525929)
by all means reach away... I mean with your 3000TT and 1 year of regional time United will be calling you any second... then you'll be off to the the 'big boys' making so much more than us and you can use all those proceeds to clean that floor to ceiling mirror you can smile at yourself in.... better yet , why do you even care what this contract pays in 8 years? you'll soon be in the 6 figures slumming it under these deplorable conditions just for a short time before you get a 'real job' ??

You crush my spirit with your bullying. That was hurtful. You are bad man.

https://media.makeameme.org/created/yesers.jpg

dotslash 02-11-2018 06:23 PM


Originally Posted by Gjn290 (Post 2525938)
It is apparent you cannot be reasoned with.

Because I refues to accept your lemming bate?
You do not like the way I talk but can not refute my arguments, so you use personal attack.

Gjn290 02-11-2018 06:25 PM


Originally Posted by CMFIC (Post 2525947)
290- although we don't agree, I appreciate a coherent comment.

If you really believe pilots are naive for thinking this is a cost neutral offer, you may want to review recent comments made by the CFO (soon to be CEO) of Spirit Airlines. Keep in mind, the CFO has the ultimate situational awareness of a company's finances.

"Should the tentative agreement with our pilots be ratified, we will gain tools that will allow us to further improve our operational reliability and drive efficiencies, which gives us confidence that we will be able to maintain or grow our relative cost advantage,"

Pursuant to Securities Act of 1933 (SEC rules), section 4A, it would be illegal for an executive to make such misleading statements to the investment community.

Can we agree this is offer is trading QOL for an industry lagging pay rate?

I have seen that statement, and I believe he is telling the truth. I do not take that to mean that it is cost neutral. They are gaining the ability to avoid meltdowns or at the very least, reduce the severity. Cancelled flights cost the company a lot of money. They will greatly be able to reduce those costs. They also have locked in labor rates, and PBS requires less staffing. I believe that is their major gain in maintaining a cost advantage. The EF&A analyst said she anticipates about 200 less pilots for the current order on the books, that comes out to around 14 pilots per plane vs the current 16ish.

I believe we are trading some work QOL for industry lagging pay. However, I believe my QOL outside of work will be increased. We keep the red/green system which is our main tool for QOL, along with a lot more money to allow my wife to continue to stay home along with being able to provide my kids with certain things that I cannot provide them with currently.

If this thing does not pass, I will not begrudge anyone. I will keep hope that we receive a better offer.

Gjn290 02-11-2018 06:27 PM


Originally Posted by dotslash (Post 2525959)
Because I refues to accept your lemming bate?
You do not like the way I talk but can not refute my arguments, so you use personal attack.

I have not attacked you, not once. You must have me confused with someone else.

I am not going to have any further discussions with you.

Qotsaautopilot 02-11-2018 06:29 PM

If you don’t have a vote sit back and color while the rest of us decide. I think first year pay (all the pay rates as well) are too low and training pay is a joke but seriously you can’t vote.

To those that don’t care about being the laughing stock based on compensation how much do you care what the other groups think when we start to codeshare with Norwegian which had the largest call to action participation ever to prevent them even flying but we may very well help them proliferate.

Qotsaautopilot 02-11-2018 06:31 PM

Profit sharing????

Gjn290 02-11-2018 06:35 PM


Originally Posted by Qotsaautopilot (Post 2525967)
If you don’t have a vote sit back and color while the rest of us decide. I think first year pay (all the pay rates as well) are too low and training pay is a joke but seriously you can’t vote.

To those that don’t care about being the laughing stock based on compensation how much do you care what the other groups think when we start to codeshare with Norwegian which had the largest call to action participation ever to prevent them even flying but we may very well help them proliferate.

I think those that don't have a vote should absolutely be allowed to have a voice. We all work at the same airline, under the same contract, we will all be affected by what happens on February 28th.

Did you listen to Art Luby's discussion about scope in the video? It was pretty eye opening. While I would love tighter codesharing scope, it doesn't seem like that's a possibility. I am in no way condoning a codeshare with NAI. I am 100% totally opposed to that.

lowandslow 02-11-2018 06:37 PM

How much did last year’s meltdown cost? How about meltdown 2016? 2015? Are those costs being included? This TA will ensure meltdown 2018 doesn’t occur or is at least a blip compared to previous ones. Not saying I want my company to have more difficulty recovering but it’s a lot of power we are trading away for no inclusion in the company’s success.

dotslash 02-11-2018 06:42 PM


Originally Posted by Qotsaautopilot (Post 2525967)
If you don’t have a vote sit back and color while the rest of us decide.

Thank you Mr Queen of the Scope Age


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