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-   -   Spirit or Frontier (https://www.airlinepilotforums.com/spirit/121274-spirit-frontier.html)

Halon1211 04-18-2019 06:05 PM


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.

AirbusA321Pilot 04-18-2019 06:53 PM


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 or Bone-us?
Bonus, no
Bone-us, yes, regularly.

BarrySeal 04-18-2019 08:23 PM

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....

FLYBOYMATTHEW 04-25-2019 09:42 PM


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....

Not this week.

Poser765 04-26-2019 07:05 AM


Originally Posted by FLYBOYMATTHEW (Post 2809127)
Not this week.

meh, it’ll recover.

SSlow 04-26-2019 09:09 AM


Originally Posted by Poser765 (Post 2809244)
meh, it’ll recover.

Yep. In fact its not a bad time to load up on some.

Poser765 04-26-2019 11:34 AM


Originally Posted by SSlow (Post 2809311)
Yep. In fact its not a bad time to load up on some.

sadly still on first year pay.

Flightcap 04-27-2019 07:39 AM

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.

Omniscient 04-27-2019 08:17 AM


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.

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.

Flightcap 04-27-2019 08:48 AM


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.

Or like the guy I was on the van with sometime around December 15th who had sold all his stock retirement investments. Every penny. He was sick of watching it go down. I only hope he bought it back on the 24th. :eek:

SSlow 04-27-2019 04:02 PM


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.

That is not unique to Spirit though. Amazon Q4 2018 was positive but the stock still dropped. It's just the nature of the beast. If the fed chairman blinks the wrong way investors get spooked and the market turns red. It's just the way that game is played.

dfwflyboy 04-28-2019 11:50 AM


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.

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 :)

FNGFO 04-28-2019 04:15 PM

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.

Omniscient 04-28-2019 04:25 PM


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.

FlyBoy doesnt seem to understand the difference between a regional airline who is hoping to get more planes from their mainline overlords vs a major airline the controls the acquisition of more planes, needed for planned growth.

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.

Macjet 04-28-2019 06:52 PM

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.

flyingpuma1 04-29-2019 06:22 AM


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 :)

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.

Omniscient 04-29-2019 08:25 AM


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.

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.

nkbux 04-29-2019 10:05 AM


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.

Amen... you naysayers forget... spirit HAS to keep shareholders and the board happy... that only happens by maintaining the 15-18% growth model year after year for the foreseeable future...take a deep breath... go drink a beer and relax...an order is coming... they are neurotic about buying EVERYTHING from office supplies to airframes below market value...

Kennedys 04-29-2019 10:12 AM

Spirit vs Frontier... Really?....

Tjamaica 04-29-2019 10:25 AM

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."

flyingpuma1 04-29-2019 10:34 AM

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

Omniscient 04-29-2019 11:52 AM


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 someone gets hired here today, and the company doesn’t place another order, that new hire who doesn’t “have an upgrade” is the least of the problems.

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.

flensr 04-29-2019 09:19 PM


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,

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.

Judge Smails 04-30-2019 05:06 AM


Originally Posted by flensr (Post 2811290)
"big boy contract"

That made me LOL.

Omniscient 04-30-2019 06:10 AM

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.

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

GrillMaster 04-30-2019 06:30 AM


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

Conquistador27 04-30-2019 06:37 AM

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.

Macjet 04-30-2019 06:43 AM

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.

Omniscient 04-30-2019 06:51 AM


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.

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.

sioux8ships 04-30-2019 06:58 AM


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

Our reps should be ashamed!!

Conquistador27 04-30-2019 07:00 AM


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.

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

MajorTom 04-30-2019 07:06 AM


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

No jacket or hat but our boy has the biggest watch!

Omniscient 04-30-2019 07:12 AM


Originally Posted by MajorTom (Post 2811457)
No jacket or hat but our boy has the biggest watch!

Odds it has an E6B dial on it?

ULLI 04-30-2019 07:24 AM


Originally Posted by sioux8ships (Post 2811442)
Our reps should be ashamed!!

His body language kind of says that

sioux8ships 04-30-2019 07:38 AM


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

Wearing a blazer would’ve helped. He could’ve borrowed one or something. Paper airplane tie??!!! He sums up the professionalism some of our pilot group represents. It’s embarrassing.

Wings on his shirt or a homemade Spirit bomber jacket would’ve topped it off!

LandGreen 04-30-2019 07:47 AM

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.

RonnyK320 04-30-2019 07:50 AM


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...

sioux8ships 04-30-2019 07:55 AM


Originally Posted by RonnyK320 (Post 2811497)
Give the guy a break. I'm sure it's not easy being Napoleon Dynamite's older brother...

LMAO!! Come one, he’s been chatting with babes online for 4 hours!

AirbusA321Pilot 04-30-2019 08:03 AM


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

That picture says it all right there. Pathetic, we are an embarrassment.

LandGreen 04-30-2019 08:15 AM


Originally Posted by RonnyK320 (Post 2811497)
Give the guy a break. I'm sure it's not easy being Napoleon Dynamite's older brother...

😂. I’m far from a uniform police nazi but c’mon, if we don’t want to be treated like low tier ulcc pilots, maybe we should try looking a little more professional. And I’m not referring to wearing the hat, just throw on a nice jacket that wasn’t a hand me down from your grandpa


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