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

NKSpilot 04-14-2020 03:23 PM

Only major airline with no bailout agreement?
 
https://home.treasury.gov/news/press-releases/sm977

I understand and applaud trying to get a better deal than the others but seems like we are a big outlier here.

NKSpilot 04-14-2020 03:25 PM

Statement by Secretary Mnuchin on the Payroll Support Program

April 14, 2020WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on the Payroll Support Program for passenger air carriers:

“We welcome the news that a number of major airlines intend to participate in the Payroll Support Program. This is an important CARES Act program that will support American workers and help preserve the strategic importance of the airline industry while allowing for appropriate compensation to the taxpayers.

“Alaska Airlines, Allegiant Air, American Airlines, Delta Air Lines, Frontier Airlines, Hawaiian Airlines, JetBlue Airways, United Airlines, SkyWest Airlines, and Southwest Airlines have told us that they plan to participate in the Payroll Support Program. Conversations continue with other airlines regarding their potential participation. Treasury is also working to review and approve applications for smaller passenger air carriers as quickly as possible and will provide further guidance for cargo carriers and contractors very soon. We look forward to working with the airlines to finalize the necessary agreements and disburse funds as quickly as possible.”

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IceFlash 04-14-2020 03:25 PM

According to Teds email we will get there soon


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DrDHD 04-14-2020 04:08 PM


Originally Posted by IceFlash (Post 3032245)
According to Teds email we will get there soon


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I hope we get there sooner then our state of the art, fleet wide WiFi.

Jimdunbar 04-14-2020 04:33 PM

You really think they’ll make an exemption just for Spirit?

FNGFO 04-14-2020 04:57 PM


Originally Posted by Jimdunbar (Post 3032308)
You really think they’ll make an exemption just for Spirit?

They already have by reducing the original, unrealistic service requirements of the original bill to to the only somewhat unrealistic service requirements of the current law.

Jimdunbar 04-14-2020 05:12 PM

Since it appears the Frontier and Allegiant fell in line, I would be surprised if they cut Spirit alone any slack. Not to mention this thing didn’t exactly fly through the house and senate without a lot of back and fourth. We shall see though

flyingpuma1 04-14-2020 05:32 PM


Originally Posted by Jimdunbar (Post 3032331)
Since it appears the Frontier and Allegiant fell in line, I would be surprised if they cut Spirit alone any slack. Not to mention this thing didn’t exactly fly through the house and senate without a lot of back and fourth. We shall see though


I’m not holding my breath that we get it after seeing Allegiant and Frontier already did.


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DrDHD 04-14-2020 05:46 PM


Originally Posted by flyingpuma1 (Post 3032348)
I’m not holding my breath that we get it after seeing Allegiant and Frontier already did.


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Not a promising sign....I hope this post is wrong in the future days ahead! I’m hoping we get it!

flyingpuma1 04-14-2020 05:49 PM


Originally Posted by DrDHD (Post 3032356)
Not a promising sign....I hope this post is wrong in the future days ahead! I’m hoping we get it!

I hope I’m wrong too as I’d like to keep my job until at least Sept 30. But it’s seeming a little suspect if everyone else has negotiated for it already and we have not.


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