Interview 03/19/2020
03-06-2020 | 08:26 AM
#31
Banned
Joined: Jul 2015
Posts: 775
Likes: 0
I was told 66 pax is a break even. That number is for a A320 before the new contract. I haven't seen a number that low in years on anything I've flown. We do a really good job at selling seats. Good luck guys!!
03-06-2020 | 09:26 AM
#32
Gets Weekends Off
Joined: Aug 2008
Posts: 770
Likes: 0
Say you have an airline with a whole lot of planes being delivered. Passenger demand falls off for a few months. You owe payments on these aircraft. Do you A) park them somewhere, stop hiring, furlough pilots and cower in a hole until it’s all Mai tai’s and yahtzee again or B) continue adding routes and frequencies that help defray the costs of planes and crew, siphon off as much of the remaining demand as possible, and get in position so you are ready to push hard again when the cycle turns.
03-06-2020 | 09:35 AM
#33
Banned
Joined: Jul 2015
Posts: 775
Likes: 0
The questions is how much cash on hand do you have? What's the burn rate? Go back and protect the core where the profit is made. If you're a Legacy you slash and burn non-profitable routes. The Asia routes are DEAD! Summer Europe could also be real bad too. If you're Spirit you jump into markets that you can make a profit where others can't!! We run so lean that this gives us the ability to go stick our nose in places where others will pull back. As long as the Beaches stay open, Micky's House remains open and Vegas keeps dealing cards Spirit is in a great position to keep growing. My guts says this is a small blip and we'll go back to normal very soon. The jobs numbers are great and that means people have money! The USA is a great place to be right now!!
03-06-2020 | 03:23 PM
#35
Perennial Reserve
Joined: Jan 2018
Posts: 14,249
Likes: 257
1. The new aircraft are going to keep coming
2. Training pay ain’t much.
3. First year pay ain’t a great deal more.
4. Still going to have to pay trainers and for sim maintenance.
5. The lag time if you stop and start is going to make things ugly.
Generally, cutting back the rate of training is more cost effective than abrupt cessation.
Last edited by Excargodog; 03-06-2020 at 03:38 PM.
03-06-2020 | 03:32 PM
#36
On Reserve
Joined: Feb 2020
Posts: 59
Likes: 1
From: Airbus
or possibly not because:
1. The new aircraft are going to keep coming
2. Training pay ain’t much.
3. First year pay ain’t a great deal more.
4. Still going to have to pay trainers and for sim maintenance.
5. The lag time if you stop and start is going to make things ugly.
1. The new aircraft are going to keep coming
2. Training pay ain’t much.
3. First year pay ain’t a great deal more.
4. Still going to have to pay trainers and for sim maintenance.
5. The lag time if you stop and start is going to make things ugly.
03-06-2020 | 03:36 PM
#37
Gets Weekends Off
Joined: Aug 2007
Posts: 2,086
Likes: 12
Not at Spirit, but Jetblue. JB reduced capacity by 5% for April but have said no changes so far to new-hire pilot classes or interviews. They re-opened April bidding with the 5% capacity cut and you really couldn’t tell the difference. Average Line Value was about 2 hours less. I’d expect the same for Spirit, at least for the near future.
03-06-2020 | 03:41 PM
#38
Line Holder
Joined: May 2019
Posts: 1,008
Likes: 47
or possibly not because:
1. The new aircraft are going to keep coming
2. Training pay ain’t much.
3. First year pay ain’t a great deal more.
4. Still going to have to pay trainers and for sim maintenance.
5. The lag time if you stop and start is going to make things ugly.
Generally, cutting back the rate of training is more cost effective than abrupt cessation.
1. The new aircraft are going to keep coming
2. Training pay ain’t much.
3. First year pay ain’t a great deal more.
4. Still going to have to pay trainers and for sim maintenance.
5. The lag time if you stop and start is going to make things ugly.
Generally, cutting back the rate of training is more cost effective than abrupt cessation.
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