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Originally Posted by BlueWater
(Post 3426285)
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Spirit management basing their post-merger economic forecasts on ZERO labor cost increases for FIVE years is like a stupidity test for investors and employees.
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Originally Posted by Bluedriver
(Post 3427080)
Spirit management basing their post-merger economic forecasts on ZERO labor cost increases for FIVE years is like a stupidity test for investors and employees.
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I see it as a sign that they are planning to drag the integration out as long as possible, and are waiting for the looming recession to solve their retention problem. They probably do assume they can achieve a cost-neutral JCBA in 2-3 years if they forecast a recession. If you believe a recession is likely, and you're thinking of making a move, the question becomes, do you stay and deal with stagnation and managed expectations here, or leave to get in line somewhere else and risk furlough. I wouldn't hold my breath waiting for a management response to the ALPA letter though.
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Originally Posted by FLYBOYMATTHEW
(Post 3427187)
I see it as a sign that they are planning to drag the integration out as long as possible, and are waiting for the looming recession to solve their retention problem. They probably do assume they can achieve a cost-neutral JCBA in 2-3 years if they forecast a recession. If you believe a recession is likely, and you're thinking of making a move, the question becomes, do you stay and deal with stagnation and managed expectations here, or leave to get in line somewhere else and risk furlough. I wouldn't hold my breath waiting for a management response to the ALPA letter though.
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Originally Posted by FNGFO
(Post 3427284)
Its going to have to be another black swan event for there to be furloughs at the legacies. Granted. That could happen. We’ve had 3 in the last 21 years. But they’re retiring so many in the next 5-7 years that I could see hiring slowed down or even paused. I don’t think any of them can afford to go backwards in pilot size any time soon, and if it makes sense for them to do that the rest of the nation and world has probably fallen solidly on its a$$.
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Originally Posted by CincoDeMayo
(Post 3425363)
Absolutely believable. You have been here long enough to know this is Spirit. They didnt want to give us raises last time, they won't this time. They dont want to pay until they have ton pay, its that simple. Did anyone think Ted and Bendo would write a fat check tomorrow because we lost 20 FOs last month?
Ive said it over and over, a battle is coming. Just like the contacts before. If we aren't in one step and motivated, it will take 5 years, no doubt. |
Originally Posted by onedolla
(Post 3425402)
I sure hope you’re right with this, but I highly doubt this current leadership would reach that high (and it’s not when that big of an ask).
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Originally Posted by jetlagclub
(Post 3427916)
The 3% raise they are getting because of the NEA would put a B6 12yr CA at $283.... thats best rate A320 in the USA. Thats not too bad.... i wouldnt mind that being a negotiation baseline.... not that we are going to get their or f9 contract, but I am damn sure they wont downgrade their rates for a merger with us....
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Originally Posted by Stayontarget
(Post 3427946)
Isn’t a Sun Country 12yr captain getting $293 now? I think United is rumored to get $320ish? I’m moving my goal posts.
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