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Originally Posted by BarrySeal
(Post 2805213)
Hey guys
Does Spirit have a 401k ? How much do they contribute into it ? (this information on airlinepilotcentral page is not clear) Any profit sharing, bonus checks ? Thank you Our deal on bonus checks is so sweet...it’s pretty much unheard of. |
Originally Posted by BarrySeal
(Post 2805213)
Hey guys
Does Spirit have a 401k ? How much do they contribute into it ? (this information on airlinepilotcentral page is not clear) Any profit sharing, bonus checks ? Thank you Bonus, no Bone-us, yes, regularly. |
Thank you. For trivia, SAVE stock has outperformed all the major airline stock for the last year or two. Wall Street seems to like Spirit....
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Originally Posted by BarrySeal
(Post 2805274)
Thank you. For trivia, SAVE stock has outperformed all the major airline stock for the last year or two. Wall Street seems to like Spirit....
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Originally Posted by FLYBOYMATTHEW
(Post 2809127)
Not this week.
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Originally Posted by Poser765
(Post 2809244)
meh, it’ll recover.
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Originally Posted by SSlow
(Post 2809311)
Yep. In fact its not a bad time to load up on some.
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Investment advice from pilots is probably a really bad idea. That being said, when you look at the earnings report it definitely looks like the Street overreacted with the 10% drop and a buying opportunity exists.
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Originally Posted by Flightcap
(Post 2809836)
Investment advice from pilots is probably a really bad idea. That being said, when you look at the earnings report it definitely looks like the Street overreacted with the 10% drop and a buying opportunity exists.
But oh yes, love the crew van chatter of "Yeah, so I bought Spirit at $XXX and made $XXX of it." All the financial wizards we fly with, yet I think it was something like 20% of pilots never participated in our 401k match program. |
Originally Posted by Omniscient
(Post 2809858)
Spirit stock always seems to drop after earnings, even when they beat estimates, it drops.
But oh yes, love the crew van chatter of "Yeah, so I bought Spirit at $XXX and made $XXX of it." All the financial wizards we fly with, yet I think it was something like 20% of pilots never participated in our 401k match program. |
Originally Posted by Omniscient
(Post 2809858)
Spirit stock always seems to drop after earnings, even when they beat estimates, it drops.
But oh yes, love the crew van chatter of "Yeah, so I bought Spirit at $XXX and made $XXX of it." All the financial wizards we fly with, yet I think it was something like 20% of pilots never participated in our 401k match program. |
Originally Posted by FNGFO
(Post 2804888)
The “NK doesn’t have an aircraft order” angst is some of the silliest ****** I’ve seen. As though the music just stops in 2021 and Spirit will never grow again.
The business model is reliant on growing 15% a year. We’re picking up airframes wherever we can find them. That’s not indicative of a company that’s done with growth. Either Spirit will place an order and continue to grow organically, will be merged with someone with a bunch of slots in hand, might be bought by a legacy or the economy falls off a cliff and it’s all moot anyway. Granted, I think they waited a bit too long and are scrambling to reach acceptable terms with production slots available on a timeline that NK would like. But I’m not worried about things just stopping cold in 20 months. That might mean aggressive vulturism as we see today or a separate fleet order. It doesn’t mean standing pat where we’re at. |
Look, I covered the economy melting down in the possibilities. As well as M/A. But short of that it’s pretty certain that more planes are coming and borderline asinine to act as though they won’t.
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Originally Posted by FNGFO
(Post 2810569)
Look, I covered the economy melting down in the possibilities. As well as M/A. But short of that it’s pretty certain that more planes are coming and borderline asinine to act as though they won’t.
Why is anyone surprised that Spirit is going to order these planes on their terms, when they have the right price? The did it with us, the pilots on our contract, and they are doing it again with aircraft manufacturers. |
Spirit Fleet Plan now shows 180 aircraft at the end of 2021 instead of the 177 that it showed last week.
Fleet Plan - Spirit Airlines, Inc. ? IR Site FYI, since 2015, our Fleet Plan has increased from 144 to 180 without placing a single order. Spirit will grow. A LOT. |
Originally Posted by dfwflyboy
(Post 2810420)
My last regional said new bases. More planes. And united flow through. None of that happened and now they are out of business. RIP. Anyone whose flown 2001 or 2008 knows that the music can stop at ANY time. Will spirit continue to grow. 99% yes. But we have no order yet. Promises of a golden future are only heeded by the ignorant (been binging GoT and I start to talk like it lol) Go with the now. Not with the “maybe in a few years”. Just my .02. I fell for the regional BS hook,line, sinker. I try to educate people with my errors :)
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Originally Posted by flyingpuma1
(Post 2810806)
Absolutely agree, though this might not go over so well with the yellow kool-aid drinkers on here. I fell for it in the beginning of 2001 as well.
This isnt a Kool Aid thing, its a "how do I view my life and decisions" thing. God help me if I wake up every morning with a vicious negative itch that I need scratched by the forums everyday. Enjoy your family, your health, and your career. I guarantee you it isnt a bad as you like to obsess over. |
Originally Posted by Omniscient
(Post 2810889)
You literally cry and complain on every single post.
This isnt a Kool Aid thing, its a "how do I view my life and decisions" thing. God help me if I wake up every morning with a vicious negative itch that I need scratched by the forums everyday. Enjoy your family, your health, and your career. I guarantee you it isnt a bad as you like to obsess over. |
Spirit vs Frontier... Really?....
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Here is the latest color via Uncle Ted from the 1Q:
"With all of that, the growth opportunity still looks great. And, yes, we are in the process of evaluating a fleet order. And in doing so, trying to arrive at what we think the appropriate growth rate is over the longer term. For now, we've been targeting around mid-teens. But we've always said that, over time, that will round as the airline gets bigger." "And I think the right way to think about this fleet opportunity for us is flexibility. What we want to be able to do with the manufacturers and with our financing partners is to design a fleet strategy that gives us ultimate flexibility to grow at rates consistent with the market opportunity. And so, in micro flashes of either a recession or a downturn of whatever that might be, we want to be able to adjust. And in times of more robust growth, we want to be able to deliver. And I think what we've heard based on the preliminary and secondary feedback as we're well into this process is we're going to do that. We're going to get that flexibility in a way that we think helps us going forward, which I think is key. And it allows us to be dynamic in the view of the growth rate over the next 5 to 10 years." |
Spirit or Frontier
Originally Posted by Omniscient
(Post 2810889)
Enjoy your family, your health, and your career. I guarantee you it isnt a bad as you like to obsess over. Thanks but I don’t believe I ever said this was the worst place to work because I know it’s not. I also don’t believe it’s the best. But I also don’t think it’s fair to tell people to come here based on an aircraft order that hasn’t been placed. Sent from my iPhone using Tapatalk |
Originally Posted by flyingpuma1
(Post 2810973)
Thanks but I don’t believe I ever said this was the worst place to work because I know it’s not. I also don’t believe it’s the best. But I also don’t think it’s fair to tell people to come here based on an aircraft order that hasn’t been placed.
Sent from my iPhone using Tapatalk If this airline doesn’t order more planes, this airline will start to die, and even guys already in the left seat will have career issues. It’s no secret they need more planes to make the business work long term, they have always said that. Planes are coming. If not, we are all in trouble. |
Originally Posted by Green Giant
(Post 2804605)
If you have to ask, then Spirit isn’t right for you.
Spirit is the best kept secret in the industry, Except it's not a secret. If you don't understand it, you either won't get the interview or won't get the CJO. Or you might get the CJO but won't survive training. New airplanes, "big boy contract", no hats. |
Originally Posted by flensr
(Post 2811290)
"big boy contract"
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1 Attachment(s)
Originally Posted by flensr
(Post 2811290)
This.
Except it's not a secret. If you don't understand it, you either won't get the interview or won't get the CJO. Or you might get the CJO but won't survive training. New airplanes, "big boy contract", no hats. If you ever wanted an image to sum up how we are looked at by Legacy carriers...this is it |
Originally Posted by Omniscient
(Post 2811382)
Can we guess which pilots have the "big boy contract" and which one doesn't?
If you ever wanted an image to sum up how we are looked at by Legacy carriers...this is it Alpa just reposted the photo, cropped the NK guy out. Wow |
Other than him looking like a dork, the only difference is a hat and blazer, which most don’t want anyways. So what’s the point.
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Our guy showing up without a jacket isn't professional nor classy. We need to add an additional day of training on how to 'adult' in the dressing department.
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Originally Posted by Conquistador27
(Post 2811412)
Other than him looking like a dork, the only difference is a hat and blazer, which most don’t want anyways. So what’s the point.
If you can't understand why this look is bad, or why ALPA cropped him from the photo https://www.instagram.com/we_are_alpa/?hl=en (after numerous emails from pilots) and reposted without him, you will never get it. |
Originally Posted by Omniscient
(Post 2811382)
Can we guess which pilots have the "big boy contract" and which one doesn't?
If you ever wanted an image to sum up how we are looked at by Legacy carriers...this is it |
Originally Posted by Omniscient
(Post 2811430)
Clearly you missed the entire point if all you want to say is "looking like a dork."
If you can't understand why this look is bad, or why ALPA cropped him from the photo https://www.instagram.com/we_are_alpa/?hl=en (after numerous emails from pilots) and reposted without him, you will never get it. |
Originally Posted by Omniscient
(Post 2811382)
Can we guess which pilots have the "big boy contract" and which one doesn't?
If you ever wanted an image to sum up how we are looked at by Legacy carriers...this is it |
Originally Posted by MajorTom
(Post 2811457)
No jacket or hat but our boy has the biggest watch!
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Originally Posted by sioux8ships
(Post 2811442)
Our reps should be ashamed!!
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Originally Posted by Conquistador27
(Post 2811447)
What look? The no hat or jacket? That’s the only difference I see. Is that what you are saying? We should get those? Because last I checked everyone’s getting hard over the north face looking trash
Wings on his shirt or a homemade Spirit bomber jacket would’ve topped it off! |
For the guys defending the way our rep looks, you are clearly the minority. He might be within Spirit’s uniform compliance (debatable with that tie), but ALPA cropped him out for a good reason. He looks like a slob compared to the other Reps in the photo. Our image matters. There’s a reason why we are suppose to wear professional uniforms and not our cargo shorts and white nike monarchs.
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Originally Posted by LandGreen
(Post 2811493)
For the guys defending the way our rep looks, you are clearly the minority. He might be within Spirit’s uniform compliance (debatable with that tie), but ALPA cropped him out for a good reason. He looks like a slob compared to the other Reps in the photo. Our image matters. There’s a reason why we are suppose to wear professional uniforms and not our cargo shorts and white nike monarchs.
Give the guy a break. I'm sure it's not easy being Napoleon Dynamite's older brother... |
Originally Posted by RonnyK320
(Post 2811497)
Give the guy a break. I'm sure it's not easy being Napoleon Dynamite's older brother...
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Originally Posted by Omniscient
(Post 2811382)
Can we guess which pilots have the "big boy contract" and which one doesn't?
If you ever wanted an image to sum up how we are looked at by Legacy carriers...this is it |
Originally Posted by RonnyK320
(Post 2811497)
Give the guy a break. I'm sure it's not easy being Napoleon Dynamite's older brother...
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