Originally Posted by GoldenDoor
(Post 2943383)
With relatively short upgrade times at legacy airlines, what is the real answer to this question?
Helane Becker -- Analyst Thanks operator. Hi, team. Thank you very much for the time of course. Two questions. One on -- as you think about the growth in the fleet, so if you I guess I think 10 crews per -- 5 crews per aircraft, 10 pilots per plan. And I'm wondering if you're thinking about, as you hire these 1,000 more pilots plus whatever you need to hire for reserves, how do you compete with the other airlines that are in the process of replacing retired pilots who have a higher starting pay. I mean -- are you -- and your contract doesn't come up until 2023. So how are you contemplating attracting people to your brand Upgrades continue to flow with this recent hiring wave, and growth alone should see anyone on property through 2020 upgrade based on planned deliveries. As to when they do, the 2 year timeline, (slipping to 3 years now in jumpseat conversations) is a moving target. Two years ago at 1500 pilots is a different experience than someone today at 2500, or someone two years from now at 3500. We may very well become a 500-700 plane airline, but unless the delivery rate increases, the upgrade time will get longer. This punches holes in the theory that 2-3 year upgrades will attract pilots over the next decade. |
Originally Posted by RemoveB4flght
(Post 2943394)
It’s an investor call, and the last thing they want to say to a bunch of share holders after a rough six months of battered stock price is: “Hey you know those really expensive and whiny plane drivers we negotiate with every few years? Well pretty soon we may have to throw more money at them just to even get them to show up for an interview!” It was a pivot.
Upgrades continue to flow with this recent hiring wave, and growth alone should see anyone on property through 2020 upgrade based on planned deliveries. As to when they do, the 2 year timeline, (slipping to 3 years now in jumpseat conversations) is a moving target. Two years ago at 1500 pilots is a different experience than someone today at 2500, or someone two years from now at 3500. We may very well become a 500-700 plane airline, but unless the delivery rate increases, the upgrade time will get longer. This punches holes in the theory that 2-3 year upgrades will attract pilots over the next decade. |
Originally Posted by GoldenDoor
(Post 2943383)
With relatively short upgrade times at legacy airlines, what is the real answer to this question?
Considering a 20-30+ year career in the left seat, living in base is priority numero uno in terms of your health and overall QOL. Where are these short upgrade legacy domiciles that you speak of? Can I do this in a nice place like say, PHX, or do I have to slog it out in NYC? MCO for instance is a game changer. There are no legacy domiciles there and the other majors (SWA/Jblue) have impressive upgrade times from what I've been told. MCO CA at Spirit is just under 3 years. |
Latest CA upgrade vacancy will be just a little over 2 years. About 2 years and 4 months
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Originally Posted by Jimdunbar
(Post 2943771)
Latest CA upgrade vacancy will be just a little over 2 years. About 2 years and 4 months
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I feel like it’s going a little more jr right now because no one wants to upgrade and be on reserve (at least the folks I’ve talked to).
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Percentage wise, currently it’s approximately 63%. Historically it has hovered around 55-56%. Most likely for the above mentioned reason.
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It’s a tough call.. I’m looking at 3 years on rsv. It’s a lot of money to let go.
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Originally Posted by flyjbh
(Post 2943905)
It’s a tough call.. I’m looking at 3 years on rsv. It’s a lot of money to let go.
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Originally Posted by Jimdunbar
(Post 2943771)
Latest CA upgrade vacancy will be just a little over 2 years. About 2 years and 4 months
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