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-   -   Only major airline with no bailout agreement? (https://www.airlinepilotforums.com/spirit/129009-only-major-airline-no-bailout-agreement.html)

Skydreams14 04-20-2020 10:25 PM

Just seen no furloughs till October :)

symbian simian 04-21-2020 09:18 AM

Ted's email is out. We are getting money.

FNGFO 04-21-2020 09:22 AM


Originally Posted by symbian simian (Post 3037373)
Ted's email is out. We are getting money.

applying for the loans too.

Excargodog 04-21-2020 09:57 AM


Originally Posted by FNGFO (Post 3037379)
applying for the loans too.

Why not? If interest from the US gov is lower than the interest they were going to have to pay for financing part of that 100 plane order of NEOs, Spirit would be insane to not take the lower rate loans.

FNGFO 04-21-2020 10:10 AM


Originally Posted by Excargodog (Post 3037405)
Why not? If interest from the US gov is lower than the interest they were going to have to pay for financing part of that 100 plane order of NEOs, Spirit would be insane to not take the lower rate loans.

The financing rates are certainly very nice. How long is the standard airliner financed for? Because it’s my understanding that the government loan has to paid back in 10 years.

I guess you take out a different loan to cover the portion not repaid at the end of the term?

YourMom 04-21-2020 09:32 PM

Not to be anti union or anything but I find the TAJ grievances to be a little distasteful. We are all going through some crap, the company obviously had to cut flights and we respond with group grievances because every single pilot was not contacted properly? Everyone knows we are all time available this month, it's common sense. I understand always wanting to uphold the contract but these grievances look bad right now and could be addressed later. We are technically right in doing so but I just find it to be at the wrong time with everything going on. The Union wants to be strong but these recent grievances emails annoy me.

Qotsaautopilot 04-21-2020 09:33 PM

Edit your post and take it up with your reps not here

BeechedJet 04-22-2020 05:44 AM

Give them an inch and they’ll take a foot.

onedolla 04-22-2020 08:37 AM


Originally Posted by YourMom (Post 3037912)
Not to be anti union or anything but I find the TAJ grievances to be a little distasteful. We are all going through some crap, the company obviously had to cut flights and we respond with group grievances because every single pilot was not contacted properly? Everyone knows we are all time available this month, it's common sense. I understand always wanting to uphold the contract but these grievances look bad right now and could be addressed later. We are technically right in doing so but I just find it to be at the wrong time with everything going on. The Union wants to be strong but these recent grievances emails annoy me.

Can't roll my eyes enough at this.:rolleyes:


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