Upgrade Time
11-15-2018 | 03:47 PM
#1
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From: Gear Puller
Upgrade Time
Curious on everyone's thoughts if the quick upgrade times will continue. I understand that the ongoing fleet expansion, combined with new destinations will keep the doors open for new hires. However, is Spirit ahead on the hiring curve? At the MTC, the CPs said upgrades can happen in less than 3 years. How long will that sustain before it slows? Anyone done the math on this?
Thx.
Thx.
11-15-2018 | 05:04 PM
#3
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Upgrade Time
Depends on if we get an aircraft order. If not then we hired our last captain sometime last year (someone on here did the math I’m just too lazy to find it). If we do get an aircraft order it would depend on the number of planes or if we end up merging etc...
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11-15-2018 | 05:59 PM
#4
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From: Gear Puller
Depends on if we get an aircraft order. If not then we hired our last captain sometime last year (someone on here did the math I’m just too lazy to find it). If we do get an aircraft order it would depend on the number of planes or if we end up merging etc...
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You and Deathwish both mention merger. I didn't intend on turning this thread into merger talk, but is that still be considered/entertained? I haven't read anything that speaks to it being entertained in 5 months. I suppose you guys know what the news reports, unless there are some substantiated rumors.
--
Upgrade:
I'm sure its mentioned on here somewhere about upgrades, but I've been reading intensely and I haven't seen anything mentioned. I'm sure I've overlooked it. Good to know. The aircraft order you mention: is that in addition to the Airbuses that NK is due to receive through 2021? Meaning, if NK doesn't order more beyond 2021 then the last captain has been hired..?
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Thx for the responses, gentlemen.
11-15-2018 | 06:13 PM
#5
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From: Gear Puller
Reference to Merger:
https://centreforaviation.com/analys...distant-422886
Latest I can find easily. Anyone have a link to something that is more telling?
https://centreforaviation.com/analys...distant-422886
Latest I can find easily. Anyone have a link to something that is more telling?
11-15-2018 | 06:22 PM
#6
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conservatively, untill we order more planes you must assume at 161 airbus we are done. the rest is math....
161x17pilots per=2737 pilots, divide by 2 and seniority number 1368 is the last captain 10/2016 hire
161x15=2415 /2 1207 is last captain 2/2016 hire
disclaimer, these numbers assume no more planes, no attrition/retirements. I do believe many more planes are coming, but you never know in this industry.
161x17pilots per=2737 pilots, divide by 2 and seniority number 1368 is the last captain 10/2016 hire
161x15=2415 /2 1207 is last captain 2/2016 hire
disclaimer, these numbers assume no more planes, no attrition/retirements. I do believe many more planes are coming, but you never know in this industry.
11-15-2018 | 06:33 PM
#10
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From: A320 CA
During the 3rdQTR Earnings call this very question was addressed. The Company line is that upgrades will continue to stay in the 2.5-3.5 year range for the foreseeable future. You can listen to the call on the Investor relations link on the bottom of the Spirit web page.
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