Spirit Pilot Hiring in 2020 & Beyond
03-10-2020 | 03:24 PM
#91
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Joined: Feb 2007
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From: Airplanes
Like every other news headline, people won’t remember this coronavirus by December. I swear if the news outlets didn’t broadcast/exaggerate it 24/7 for their ratings, we wouldn’t be facing this meltdown.
as far as the 2020 hiring, they planned for 64/month and so far they have hit or exceeded those numbers in every single month. April has 68 new hires scheduled. Subject to change at any time of course, but so far so good. I doubt it will stop but I also wouldn’t be surprised if they cut it in half for a short while.
I think as long as this virus doesn’t lead to another recession, we might make it out fine.
reserves are gonna be bored for a while though
as far as the 2020 hiring, they planned for 64/month and so far they have hit or exceeded those numbers in every single month. April has 68 new hires scheduled. Subject to change at any time of course, but so far so good. I doubt it will stop but I also wouldn’t be surprised if they cut it in half for a short while.
I think as long as this virus doesn’t lead to another recession, we might make it out fine.
reserves are gonna be bored for a while though
03-10-2020 | 04:17 PM
#93
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Joined: Dec 2019
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From: A320 For Your Health
Today's SeekingAlpha write up on SAVE was equal parts encouraging and completely frightening. Check it out...
https://seekingalpha.com/article/433...sk-high-reward
https://seekingalpha.com/article/433...sk-high-reward
03-10-2020 | 05:00 PM
#95
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We’ve not been as successful as we could have been with oil at that price point. Or do you think BS like AA’s foolery with the E island, fare matching and gate limiting at DFW would go on if their fuel prices were 20-30% higher than they’ve been for the last half decade? Give them $100+ per barrel oil and the price differential becomes stark in a ULCC’s favor.
03-10-2020 | 06:40 PM
#96
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Joined: Nov 2019
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Today's SeekingAlpha write up on SAVE was equal parts encouraging and completely frightening. Check it out...
https://seekingalpha.com/article/433...sk-high-reward
https://seekingalpha.com/article/433...sk-high-reward
03-10-2020 | 06:44 PM
#97
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Joined: Nov 2019
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My buddy at Frontier says their flights are pretty darn full.
I think the ULCC/LCC model is more immune to this. It is hard to make money when you fly 777/787's to Asia and Europe, and those PAX board via DFW and ORD, fed by 737/A320s.
the Big-3 model depends on the business traveler for revenue. Corporate America, Federal Government, and others are cancelling meetings and conferences, and embracing web conferencing/etc.
ULCC/LCC are possibly better able to endure this storm.
My opinion
I think the ULCC/LCC model is more immune to this. It is hard to make money when you fly 777/787's to Asia and Europe, and those PAX board via DFW and ORD, fed by 737/A320s.
the Big-3 model depends on the business traveler for revenue. Corporate America, Federal Government, and others are cancelling meetings and conferences, and embracing web conferencing/etc.
ULCC/LCC are possibly better able to endure this storm.
My opinion
03-10-2020 | 08:01 PM
#98
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Joined: Feb 2020
Posts: 498
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Today's SeekingAlpha write up on SAVE was equal parts encouraging and completely frightening. Check it out...
https://seekingalpha.com/article/433...sk-high-reward
https://seekingalpha.com/article/433...sk-high-reward
says all airlines will be in the crapper, not just NK.
03-10-2020 | 08:01 PM
#99
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Joined: Nov 2016
Posts: 1,826
Likes: 0
From: 6th place
My buddy at Frontier says their flights are pretty darn full.
I think the ULCC/LCC model is more immune to this. It is hard to make money when you fly 777/787's to Asia and Europe, and those PAX board via DFW and ORD, fed by 737/A320s.
the Big-3 model depends on the business traveler for revenue. Corporate America, Federal Government, and others are cancelling meetings and conferences, and embracing web conferencing/etc.
ULCC/LCC are possibly better able to endure this storm.
My opinion
I think the ULCC/LCC model is more immune to this. It is hard to make money when you fly 777/787's to Asia and Europe, and those PAX board via DFW and ORD, fed by 737/A320s.
the Big-3 model depends on the business traveler for revenue. Corporate America, Federal Government, and others are cancelling meetings and conferences, and embracing web conferencing/etc.
ULCC/LCC are possibly better able to endure this storm.
My opinion
The problem isn’t flight loads now. It’s the demand in the upcoming months that has fallen off a cliff. No airline will be immune.
03-10-2020 | 08:11 PM
#100
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Joined: Jan 2018
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Correct. Current flights are already sold and paid for. Upcoming demand, or lack thereof, is what is driving all the actions of the various management groups. NK is betting this passes quickly for the moment, but that’s hardly a given.
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