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Old 03-19-2018, 04:30 PM
  #41  
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Originally Posted by Egg320 View Post
Is Spirit filling classes again or still a lot of no shows?
How big are the class sizes?
I don't think it was ever really a problem aside from a few no shows around the holidays. Its been 50-60/month for awhile now
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Old 03-19-2018, 05:16 PM
  #42  
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Originally Posted by MedHawk View Post
What would be considered competitive flight time, and do they count Mil Helo time? Asking for a friend
https://re12.ultipro.com/SPI1000/Job...8FB5B4DE3C3DEB

“Minimum Qualifications:

2,000 hours total time in fixed wing aircraft.
1,000 hours in multi-engine aircraft.
Current FAA First Class Medical Certificate.
Current Unrestricted Airline Transport Pilot License.
FCC Radio Telephone Operator Permit.
Valid passport/documents with the ability to travel in and out of the USA and all cities/countries served by Spirit Airlines now and in the future.
Legal right to work in the United States.


Preferred Requirements:

3,000 hours total time in fixed wing aircraft.
1,500 hours in multi-engine, turboprop or jet aircraft.
A320 Type Rating.
Undergraduate degree from an Accredited Four Year College or University.
Experience in 121 airlines or turbojet aircraft.
Experience in aircraft equipped with EFIS and/or FMS.
Instructor/Check Airman experience.”
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Old 03-19-2018, 06:49 PM
  #43  
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Originally Posted by Lotsof Blue View Post
I'm currently with a big fractional and have a job offer in hand for next month. Seriously contemplating Spirit. 50 something, middle seniority, and made 180k last year. Have home basing, can bid scheds/vaca of my choice, but tired of life on the road at the frac.

Wondering what others think, would it be worth the hit in pay for a few years for better QOL? I'm looking at around a $150k hit (or more) until upgrade. Any scuttle butt on upgrade times?

I've seen as low as 2.5(ish) years currently, anyone want to guess; would that time frame remain, stagnate, or improve?

I turn 65 in less than 10yrs and with a three year or less UG, the money is a wash. Longer than that and the numbers don't work as well.

Thanks from a newb to the forum.
We don't have any orders past 2021, so right now you wouldn't upgrade. The investor presentation calls for 15% growth for the future, that is a 6 year upgrade at current staffing levels of 16 pilots per aircraft. With the lose of transition conflict and reserve drops I think we will need closer to 14 pilots per aircraft, that would add another few years.
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Old 03-19-2018, 08:19 PM
  #44  
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Originally Posted by Lotsof Blue View Post
made 180k last year...I'm looking at around a $150k hit (or more)
That can't be right under the new TA. Min pay with per diem etc should be around 50K year one.

90K year two at least.

And that's no premium pay.
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Old 03-20-2018, 05:21 AM
  #45  
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Originally Posted by symbian simian View Post
We don't have any orders past 2021, so right now you wouldn't upgrade. The investor presentation calls for 15% growth for the future, that is a 6 year upgrade at current staffing levels of 16 pilots per aircraft. With the lose of transition conflict and reserve drops I think we will need closer to 14 pilots per aircraft, that would add another few years.
That was the gamble for me. If everything went just right, with a 3 year upgrade, I'd reach the break even/break away point around the 6-7 year mark. A six year upgrade would have put me way behind on the retirement curve. (I've learned the hard way) It's aviation, so Mr. Murphy's law can rear it's head at any time.
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Old 03-20-2018, 05:34 AM
  #46  
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Originally Posted by rcb32 View Post
That can't be right under the new TA. Min pay with per diem etc should be around 50K year one.

90K year two at least.

And that's no premium pay.
Initially, I may have underestimated the pay loss over three years. At my current job, projected to make 180k/yr for the next 3 years, plus bennies.

Starting at NK, I projected (being optimistic) 60k, 110k, and 120k Years 1-3 as an FO under the new contract. There are a host of variables like, upgrade time, picking up premium trips, trip rigs, and per deim, etc.

Then factoring in paying for COBRA 1st 90 days, no contribution to 401k for 60 days, projected 401k contributions, paying for a crash pad, and insurance premiums; it got pretty expensive, I'm estimating now 200k+.

If I was younger, I could probably recoup the losses and reach a break even point.

The dang hiring wave should have started sooner
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Old 03-20-2018, 05:46 AM
  #47  
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The simian is right that Spirit is beyond the halfway point with the current orders.
So you have to consider that, but the idea that Spirit will stop at 160 airplanes is ridiculous. It just doesn't jive with the business model. A huge paycut in your mid 50's is not an easy choice. Good luck
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Old 03-20-2018, 06:22 AM
  #48  
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Originally Posted by Lotsof Blue View Post
Initially, I may have underestimated the pay loss over three years. At my current job, projected to make 180k/yr for the next 3 years, plus bennies.

Starting at NK, I projected (being optimistic) 60k, 110k, and 120k Years 1-3 as an FO under the new contract. There are a host of variables like, upgrade time, picking up premium trips, trip rigs, and per deim, etc.

Then factoring in paying for COBRA 1st 90 days, no contribution to 401k for 60 days, projected 401k contributions, paying for a crash pad, and insurance premiums; it got pretty expensive, I'm estimating now 200k+.

If I was younger, I could probably recoup the losses and reach a break even point.

The dang hiring wave should have started sooner
Playing devils advocate as well on retirement. Does your current gig have a DC? That’s a lot of unmatched dollar bills over what’s left of your career. Say your estimations on income are correct take 11,12,13 etc% year after year and add that to your retirement plus earning power beyond that. DC is an amazing benefit
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Old 03-20-2018, 07:02 AM
  #49  
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Originally Posted by Lotsof Blue View Post
Initially, I may have underestimated the pay loss over three years. At my current job, projected to make 180k/yr for the next 3 years, plus bennies.

Starting at NK, I projected (being optimistic) 60k, 110k, and 120k Years 1-3 as an FO under the new contract. There are a host of variables like, upgrade time, picking up premium trips, trip rigs, and per deim, etc.

Then factoring in paying for COBRA 1st 90 days, no contribution to 401k for 60 days, projected 401k contributions, paying for a crash pad, and insurance premiums; it got pretty expensive, I'm estimating now 200k+.

If I was younger, I could probably recoup the losses and reach a break even point.

The dang hiring wave should have started sooner
This airline is not stoping at 161 airframes. Cheap tickets will always be in demand. Other airlines FA and pilots purchase tickets on us because our cheap fares are easier and more guaranteed than non-reving. Consumers want cheap fares and that will be exasperated once the economy turns down again or fuel prices go back up.

I would highly recommend that you start the application process and work yourself towards an interview. It's still highly competitive and I have a few QS buddies who weren't offered a position. Work towards getting the interview and the job offer. In the interim I would expect to see an airframe order. If that doesn't happen then delay your start date as long as you can until you either see an order or a certain you're better off as QS. Either way, get in the running and be able to make a decision with an offer in hand versus speculation here on APC. This airline is still in its infancy and a new hire today will be in the top third of the seniority list in just a few years.

And while you're applying here apply with the others as well. Maybe we're a good fit, maybe others are, and perhaps QS is your best route. Whichever path, good luck.
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Old 03-20-2018, 07:10 AM
  #50  
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Originally Posted by Lotsof Blue View Post
That was the gamble for me. If everything went just right, with a 3 year upgrade, I'd reach the break even/break away point around the 6-7 year mark. A six year upgrade would have put me way behind on the retirement curve. (I've learned the hard way) It's aviation, so Mr. Murphy's law can rear it's head at any time.
As someone who’s career is turning base to final ie not many years left allow me to interject a few obvious thoughts.

Money is important but once the basics are covered not that important. Financial planning regarding potential future earnings are really just wild asses guesses in this volatile industry. Life is short. Tomorrow is not guaranteed.

If you are having fun where you are, enjoying life and your family consider staying there. If you think you will enjoy the flying and new friends you will make here and maintain family life then by all means come on over.

But don’t base your decision on a financial spreadsheet. Life just doesn’t work that way.

Just my two cents. What do I know?
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