Summer meltdown
08-04-2021, 08:21 AM
#141
That/It/Thang
Joined APC: Aug 2020
Posts: 2,848
Originally Posted by Skycap876
I was offered a job with Spirit. This makes me quite nervous. Either a shape of things to come, or will DEMAND and encourage a serious necessary restructuring of their current operational practices. I would imagine this event will significantly erode quarterly if not total-annual revenue and profit. Share prices dropping. Operational meltdowns happen. I have worked through them at other carriers. This is pretty historic.
08-04-2021, 08:38 AM
#142
Moderator
Joined APC: Jul 2018
Position: Reserve
Posts: 646
Originally Posted by Skycap876
I was offered a job with Spirit. This makes me quite nervous. Either a shape of things to come, or will DEMAND and encourage a serious necessary restructuring of their current operational practices. I would imagine this event will significantly erode quarterly if not total-annual revenue and profit. Share prices dropping. Operational meltdowns happen. I have worked through them at other carriers. This is pretty historic.
While it’s great to invest in the company and be a cheerleader, this really at a certain point shouldn’t be a pilot concern. We are paid to show up on time, conduct the operation and go home. Sure we can have opinions, but if these things bother you that much I would recommend going to a part 91 operator where you’re the only pilot and you have one airplane.
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08-04-2021, 08:41 AM
#143
Gets Weekends Off
Joined APC: Dec 2019
Posts: 1,318
Originally Posted by Skycap876
I was offered a job with Spirit. This makes me quite nervous. Either a shape of things to come, or will DEMAND and encourage a serious necessary restructuring of their current operational practices. I would imagine this event will significantly erode quarterly if not total-annual revenue and profit. Share prices dropping. Operational meltdowns happen. I have worked through them at other carriers. This is pretty historic.
Last edited by El Peso; 08-04-2021 at 09:07 AM.
08-04-2021, 09:16 AM
#145
Gets Weekends Off
Joined APC: Feb 2021
Posts: 384
Originally Posted by DrDHD
Day 4 of the meltdown how much longer can this go?
In all seriousness, the government is stepping in now, according to the office of Pete Buttigieg. There will likely be long term changes to the amount of infrastructure airlines have to enable them to rebound from small IROPS, instead of turning them into week long disasters. May lead to significant changes for the ULCC's.
If there is one thing that this administration loves, it is more regulation!
08-04-2021, 09:40 AM
#147
Gets Weekends Off
Joined APC: Jul 2021
Posts: 1,035
Originally Posted by FlyGuy2021
Until a few hundred employees are hired and trained. Shouldn't be long.
In all seriousness, the government is stepping in now, according to the office of Pete Buttigieg. There will likely be long term changes to the amount of infrastructure airlines have to enable them to rebound from small IROPS, instead of turning them into week long disasters. May lead to significant changes for the ULCC's.
If there is one thing that this administration loves, it is more regulation!
In all seriousness, the government is stepping in now, according to the office of Pete Buttigieg. There will likely be long term changes to the amount of infrastructure airlines have to enable them to rebound from small IROPS, instead of turning them into week long disasters. May lead to significant changes for the ULCC's.
If there is one thing that this administration loves, it is more regulation!
Filler
08-04-2021, 10:03 AM
#148
Gets Weekends Off
Joined APC: Jun 2019
Posts: 1,275
Originally Posted by Skycap876
I was offered a job with Spirit. This makes me quite nervous. Either a shape of things to come, or will DEMAND and encourage a serious necessary restructuring of their current operational practices. I would imagine this event will significantly erode quarterly if not total-annual revenue and profit. Share prices dropping. Operational meltdowns happen. I have worked through them at other carriers. This is pretty historic.
Spirit is not the place for you.
08-04-2021, 10:20 AM
#150
Gets Weekends Off
Joined APC: Jun 2019
Posts: 1,275
Originally Posted by DrDHD
guy brings a valid point with some educated questions.
I know it’s your thing to hate on spirit and I respect your opinion (truly I do) but the two of you are doing it for entirely different reasons. He just wants to pull peoples legs and get his internet jollies off. You at least have a vested interest.
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